Undisclosed · Other round · Software · Frankfurt, Germany
Frankfurt-based spotixx has been awarded undisclosed Eurostars R&D funding to expand its Information Sharing Platform for banks. Germany’s Federal Ministry of Research, Technology and Space is backing spotixx’s part of the cross-border project under grant reference 01QE2653, while Dutch cryptography company Roseman Labs has received separate national Eurostars support for the same collaboration.
The two-year project starts on 1 October 2026. spotixx says the funding will add use cases, deepen its detection of patterns across participating institutions and turn the platform from a pilot into durable industry infrastructure. Eurostars supports market-oriented R&D led by innovative SMEs, with each participating country funding its own eligible project partners.
Encrypted collaboration can turn bank silos into a network
Fraud teams normally see only the activity inside their own institution. A suspicious account can therefore move between banks faster than bilateral warnings and manual case exchanges can follow it. spotixx’s proposition is to let banks calculate shared indicators across that fragmented evidence while keeping the underlying customer records inside each bank.
The platform uses Roseman Labs’ secure multi-party computation technology: data is encrypted before processing and remains encrypted while the joint calculation runs. According to spotixx, banks can use that shared view to block accounts already flagged elsewhere and reduce false positives by testing a pattern against a wider network. The company also says the design supports GDPR requirements, audit trails and explainability, all important when compliance teams need to justify an intervention.
That architecture makes participation part of the product. Each additional bank can contribute signals that another institution would otherwise miss, potentially improving the network’s ability to detect repeat actors. But the same dynamic creates the commercial challenge: spotixx must persuade regulated institutions to integrate a shared system, align controls and trust that encrypted computation does not expose their raw data.
The grant gives spotixx and Roseman Labs time to develop those technical and governance layers together. The measure of progress will be more than model performance. The partners need to turn two reported use cases into repeatable workflows that fraud teams can operate, audit and expand across institutions. If that happens, the platform can become a common detection layer without requiring banks to pool the sensitive records that make collaboration difficult in the first place.
Sources checked:
spotixx company announcement · RVO Eurostars programme · Finextra · Tech.eu Funding Explorer
