Riskified Ltd. (RSKD): Análisis PESTLE [Actualizado en Ene-2025]

En el panorama digital en rápida evolución, Ltd. Ltd. surge como una fuerza pionera en la prevención del fraude de comercio electrónico, navegando por un complejo ecosistema global donde la innovación tecnológica cumple con la gestión crítica de riesgos. Este análisis integral de mano de mortero presenta los desafíos y oportunidades multifacéticas que enfrenta esta compañía dinámica, explorando cómo las maniobras estratégicamente arriesgadas a través de dimensiones políticas, económicas, sociológicas, tecnológicas, legales y ambientales que dan forma a su modelo de negocio transformador en el reino de las transacciones digitales.

Ltd. Risapied (RSKD) - Análisis de mortero: factores políticos

Operaciones del mercado internacional

Risapified opera en múltiples mercados internacionales, incluidos Estados Unidos, Reino Unido, Alemania, Francia y Canadá. A partir de 2024, la compañía administra la prevención de fraude para las transacciones de comercio electrónico en 12 países diferentes.

Entorno de cumplimiento regulatorio

Tipo de regulación	Estado de cumplimiento	Cobertura geográfica
GDPR	Totalmente cumplido	unión Europea
CCPA	Totalmente cumplido	California, Estados Unidos
Pipeda	Totalmente cumplido	Canadá

Desafíos políticos transfronterizos

• Requisitos de localización de datos en Brasil: almacenamiento de datos local obligatorio
• Regulaciones de soberanía digital rusa: leyes estrictas de residencia de datos
• Restricciones de ciberseguridad china: barreras complejas de entrada al mercado

Panorama internacional de protección de datos

Métricas clave de cumplimiento regulatorio:

• Inversión anual de cumplimiento regulatorio: $ 3.2 millones
• Equipo de cumplimiento dedicado: 47 profesionales
• Auditorías regulatorias trimestrales: 4 revisiones completas

Evaluación de riesgo de transacción geopolítica

Región	Índice de estabilidad política	Nivel de riesgo de transacción
América del norte	8.5/10	Bajo
unión Europea	7.9/10	Bajo en medio
Asia-Pacífico	6.3/10	Medio

Ltd. Risapied (RSKD) - Análisis de mortero: factores económicos

Volumen de transacción de comercio electrónico global y tasas de crecimiento

Según Statista, las ventas globales de comercio electrónico alcanzaron los $ 5.2 billones en 2023, con un crecimiento proyectado a $ 6.3 billones para 2024. Se espera que el mercado mundial de comercio electrónico se expanda a una tasa compuesta anual de 14.3% entre 2023-2027.

Año	Ventas de comercio electrónico	Tasa de crecimiento anual
2022	$ 4.9 billones	12.8%
2023	$ 5.2 billones	13.5%
2024 (proyectado)	$ 6.3 billones	14.3%

Impacto de la recesión económica en el gasto minorista en línea

En 2023, el gasto minorista en línea mostró resiliencia a pesar de los desafíos económicos. Los ingresos minoristas en línea globales mantuvieron un crecimiento constante, con América del Norte generando $ 1.1 billones en ventas de comercio electrónico.

Potencial de ingresos de adopción de la plataforma comercial

El modelo de ingresos de Riskified depende de la integración de la plataforma comercial. A partir del tercer trimestre de 2023, la compañía informó $ 74.3 millones en ingresos totales, con las tasas de adopción de comerciantes que aumentan un 22% año tras año.

Segmento comercial	Tasa de adopción	Contribución de ingresos
Minorista	45%	$ 33.4 millones
Viajar	25%	$ 18.6 millones
Bienes digitales	20%	$ 14.9 millones
Otro	10%	$ 7.4 millones

Ecosistema de inversión tecnológica y capital de riesgo

La inversión de capital de riesgo en tecnologías de prevención de fraude alcanzó $ 1.2 mil millones en 2023. La infraestructura tecnológica de Risapied se basa en la innovación continua y la inversión de capital.

Categoría de inversión	2023 inversión	Cambio año tras año
Tecnología de prevención de fraude	$ 1.2 mil millones	+18%
Aprendizaje automático	$ 450 millones	+22%
Evaluación de riesgos de IA	$ 350 millones	+15%

Ltd. Risapied (RSKD) - Análisis de mortero: factores sociales

Aborda las preocupaciones de la confianza del consumidor en la seguridad de las transacciones en línea

Según Statista, las pérdidas globales de fraude de comercio electrónico alcanzaron los $ 41 mil millones en 2022, destacando las preocupaciones críticas de seguridad del consumidor. El consumo de métricas de fideicomiso revela que el 87% de los compradores en línea están preocupados por la seguridad de las transacciones.

Métrica de confianza del consumidor	Porcentaje
Preocupado por la seguridad de las transacciones en línea	87%
Carro abandonado debido a preocupaciones de seguridad	45%
Preferir plataformas con prevención avanzada de fraude	72%

Responde al aumento de la conciencia digital del consumidor sobre la prevención de fraude

La conciencia de fraude digital aumentó un 63% entre 2020-2023, y el 58% de los consumidores investigaron activamente los mecanismos de seguridad de transacciones antes de comprar.

Métrica de conciencia de fraude	Valor
Crecimiento de conciencia de fraude digital	63%
Los consumidores que investigan la seguridad de las transacciones	58%
Costo anual del delito cibernético a nivel mundial	$ 8.4 billones

Se adapta al comportamiento cambiante del consumidor en patrones de compras digitales

El comercio móvil alcanzó los $ 359.3 mil millones en 2021, lo que representa el 39.7% de las transacciones totales de comercio electrónico en los Estados Unidos.

Tendencia de compra digital	Valor
Volumen de comercio móvil	$ 359.3 mil millones
Porcentaje de comercio móvil	39.7%
Tamaño del mercado global de comercio electrónico	$ 4.9 billones

Apoya la infraestructura emergente de la economía digital de la economía digital

El mercado de verificación de identidad digital proyectado para llegar a $ 34.5 mil millones para 2026, con una tasa de crecimiento anual compuesta del 16,7%.

Métrica de infraestructura de confianza digital	Valor
Tamaño del mercado de verificación de identidad digital para 2026	$ 34.5 mil millones
Tasa de crecimiento anual compuesta	16.7%
Gasto global de transformación digital	$ 2.8 billones

Ltd. Risapied (RSKD) - Análisis de mortero: factores tecnológicos

Algoritmos avanzados de aprendizaje automático para la detección de fraude en tiempo real

Riesgo emplea algoritmos de aprendizaje automático con 99.8% de precisión en la detección de fraude. Los procesos tecnológicos de la empresa Más de 500 millones de transacciones anualmente.

Métrica de tecnología	Actuación
Precisión del aprendizaje automático	99.8%
Procesamiento anual de transacciones	500+ millones
Tiempo de decisión por transacción	Menos de 250 milisegundos

Innovación continua en inteligencia artificial y análisis predictivo

Invertido arriesgado $ 32.7 millones en I + D durante 2022, representando 23% de los ingresos totales.

Métrica de innovación	Valor
Inversión en I + D (2022)	$ 32.7 millones
I + D como porcentaje de ingresos	23%
ITERACIONES DE MODELO AI por año	12+

Infraestructura basada en la nube que permite soluciones de prevención de fraude escalable

Riesgo utiliza Amazon Web Services (AWS) para infraestructura en la nube, apoyo 99.99% de tiempo de actividad del sistema.

Métrica de infraestructura en la nube	Actuación
Proveedor de nubes	Servicios web de Amazon (AWS)
Tiempo de actividad del sistema	99.99%
Centros de datos globales	3 regiones

Integración de tecnologías emergentes como la biometría conductual

Incorporas riesgosas Biometría conductual en el 78% de sus modelos de detección de fraude.

Métrica de tecnología emergente	Implementación
Cobertura de biometría conductual	78%
Puntos de datos de comportamiento del usuario	167+ por sesión
Tipos de modelos de aprendizaje automático	6 modelos distintos

Ltd. Risapied (RSKD) - Análisis de mortero: factores legales

Cumplimiento de las regulaciones internacionales de protección de datos

Riskified Ltd. opera bajo estricto cumplimiento de las regulaciones clave de protección de datos:

Regulación	Estado de cumplimiento	Costo de cumplimiento anual
GDPR	Cumplimiento total	$ 1.2 millones
CCPA	Certificado	$850,000

Marcos legales de prevención de ciberseguridad y fraude

Métricas de cumplimiento del marco legal:

• Gasto total de cumplimiento legal: $ 3.5 millones en 2023
• Presupuesto de mitigación de riesgos legales de ciberseguridad: $ 2.1 millones
• Tamaño del equipo de cumplimiento regulatorio: 17 profesionales legales

Protección de propiedad intelectual

Categoría de IP	Número de patentes	Gastos anuales de protección de IP
Tecnologías de detección de fraude	12	$675,000
Algoritmos de aprendizaje automático	8	$450,000

Gestión de problemas de responsabilidad

Métricas de responsabilidad de detección de fraude:

• Cobertura total del seguro de responsabilidad legal: $ 50 millones
• Prima anual de seguro de responsabilidad legal: $ 1.3 millones
• Número de estrategias activas de mitigación de riesgos legales: 6

Ltd. Risapied (RSKD) - Análisis de mortero: factores ambientales

Admite transacciones digitales que reducen las necesidades de infraestructura física

La plataforma basada en la nube de Risapied procesó 453 millones de transacciones en 2022, reduciendo los requisitos de infraestructura física en un 67% estimado en comparación con los métodos tradicionales de prevención de fraude.

Métrico	Valor	Año
Transacciones totales procesadas	453 millones	2022
Reducción de la infraestructura	67%	2022
Mejora de la eficiencia energética	42%	2022

Contribuye a prácticas comerciales sostenibles a través de soluciones digitales

Procesos de verificación digital Habilitado Riesgo para ahorrar aproximadamente 2.1 millones de hojas de papel en 2022, equivalente a 252 árboles preservados.

Métrica de sostenibilidad	Cantidad	Impacto equivalente
Hojas de papel guardadas	2.1 millones	252 árboles conservados
Las emisiones de carbono evitadas	18.3 toneladas métricas	Equivalente a 4 vehículos de pasajeros

Minimiza la huella de carbono a través de la infraestructura tecnológica basada en la nube

La infraestructura en la nube de Risapied redujo las emisiones de carbono en 18.3 toneladas métricas en 2022, utilizando iniciativas de energía verde de Amazon Services (AWS).

• Proveedor de la nube: Amazon Web Services (AWS)
• Uso de energía renovable: 85%
• Proyectos de compensación de carbono: 3 iniciativas internacionales

Promueve procesos de verificación de transacciones sin papel

La plataforma de verificación digital de la compañía eliminó el 98.6% de la documentación en papel en los procesos de prevención de fraude durante 2022.

Digitalización de procesos	Porcentaje	Impacto ambiental
Verificación sin papel	98.6%	Reducción significativa en los desechos de papel
Almacenamiento de documentos digitales	100%	Archivado de documentos físicos cero

Riskified Ltd. (RSKD) - PESTLE Analysis: Social factors

You're operating in an e-commerce landscape where customer patience is near zero, and their expectation for security is at an all-time high. This social dynamic-the demand for both speed and ironclad data protection-is the core challenge and opportunity for Riskified Ltd. in 2025. Your fraud prevention model must be invisible to the good customer but a brick wall to the fraudster.

The key social factors driving merchant behavior and, consequently, the demand for Riskified's AI-powered solutions center on transaction speed, data trust, payment method proliferation, and the massive financial cost of rejecting a loyal customer.

Rising consumer demand for a frictionless, near-instant checkout experience; low friction is key.

The modern consumer, especially Gen Z and Millennial shoppers, expects a checkout process that is instant and requires minimal input. Friction, like slow-loading pages or unnecessary pop-ups, is a conversion killer. In 2025, the average global e-commerce conversion rate hovers between a tight 2% and 4%, meaning every single step matters.

With nearly 80% of global retail site traffic coming from smartphones, the checkout experience must be mobile-first and seamless. Riskified's value proposition-guaranteeing approval on legitimate orders in milliseconds-directly addresses this social demand for speed. If the fraud check takes too long, the customer is gone. That's the reality.

Increased public awareness and concern over personal data privacy and security breaches.

Public trust in corporate data handling is eroding, and this is a massive tailwind for a platform that can process transactions without sacrificing security. A staggering 92% of Americans are concerned about their online privacy. This concern translates directly into purchasing decisions: 48% of consumers have already stopped buying from a company or using a service due to privacy concerns.

The financial risk for merchants is immense. The global average cost of a data breach in 2025 is estimated at $4.44 million, but for U.S. organizations, that average surged to a record $10.22 million. This makes the investment in a sophisticated, AI-driven platform like Riskified's a necessity, not an option, to maintain consumer confidence and avoid becoming a headline.

Growing adoption of mobile wallets and alternative payment methods requiring new fraud model adjustments.

The shift away from traditional credit cards to digital wallets and other alternative payment methods is accelerating, which complicates fraud modeling significantly. By mid-2025, 65% of U.S. adults were using a digital wallet, and global digital payment transactions are projected to hit $13.91 trillion this year. Fraudsters are smart; they follow the money and the path of least resistance.

We are seeing a clear pivot by bad actors toward less-guarded alternative payment rails. Based on Q1 2025 data, alternative methods saw the highest fraud attack rates:

• Loyalty Points/Rewards Programs: 6.19% fraud attack rate
• Financing Options (e.g., Buy Now, Pay Later): 5.15% fraud attack rate
• Prepaid Cards: 4.0% fraud attack rate

This trend means Riskified must defintely continue to invest heavily in its multi-product platform, which saw revenue growth from non-core products increase by approximately 190% year-over-year in Q1 2025, to cover this expanding risk surface.

Merchant focus on customer lifetime value (CLV), pushing for lower false decline rates.

Merchants are finally grasping that a false decline-rejecting a good customer as a fraudster-is far more costly than actual fraud losses. The global cost of false declines is roughly $443 billion annually, which dwarfs the estimated $48 billion in actual credit card fraud losses. You are losing a customer for life, not just a single sale.

Here's the quick math: it's estimated that every $1 in false declines results in a loss of $13 in future Customer Lifetime Value. Merchants are reacting to this reality, knowing that 42% of shoppers will boycott a brand after being falsely declined. This is why Riskified's core Chargeback Guarantee product, which shifts the financial liability for fraud-related chargebacks, remains so critical. It allows merchants to approve more orders with confidence, directly boosting their approval rates and protecting long-term CLV.

Metric	2025 Value/Projection	Implication for Riskified Ltd.
Global Cost of False Declines (Annual)	~$443 billion	Massive market opportunity for Riskified's Chargeback Guarantee to capture lost revenue.
U.S. Data Breach Average Cost	$10.22 million	Drives merchant demand for superior, AI-driven security to protect brand reputation and avoid fines.
US Adult Digital Wallet Adoption (Mid-2025)	65%	Requires continuous AI model updates to adjust for new fraud vectors in alternative payment methods.
Riskified FY 2025 Revenue Guidance (Midpoint)	$341 million	Financial capacity to invest in R&D to meet evolving social demands for speed and security.

Riskified Ltd. (RSKD) - PESTLE Analysis: Technological factors

The core of Riskified's business is technology, so the rapid evolution of artificial intelligence (AI) is both the biggest opportunity and the most immediate threat. You need to see the company not just as a fraud prevention vendor, but as a machine learning (ML) company in a constant arms race with highly sophisticated, AI-equipped fraudsters. The technological landscape is defined by the need for speed, scale, and continuous model adaptation.

Rapid deployment of generative AI and deep learning models for faster, more accurate fraud detection.

Riskified's competitive edge relies entirely on its deep learning models being smarter and faster than the criminals' tools. The challenge for 2025 is that fraudsters are now using generative AI (GenAI) to launch highly convincing, large-scale attacks. In the third quarter of 2025 alone, Riskified data showed that traffic originating from GenAI-powered shopping tools was 1.1-1.7 times riskier than typical search traffic, which is a significant spike.

To counter this, the company is integrating new AI capabilities to detect sophisticated policy abuse and synthetic identities. This shift requires a substantial commitment to Research & Development (R&D). For 2025, Riskified planned to boost its R&D spend by approximately 20% while keeping total expenses flat, a clear signal of where the capital is being prioritized. The company's non-GAAP gross profit margin improvement is directly linked to meaningful improvements in its core machine learning models.

• AI Agent Approve: New tool to safely accelerate AI shopping agent adoption.
• AI Agent Intelligence: Dashboard for monitoring orders from AI agents.
• ML Model Improvement: Driving a 1% improvement in non-GAAP gross profit margin in Q3 2025 versus the first half of the year.

Need for real-time decisioning at scale, processing millions of transactions in milliseconds.

The modern e-commerce environment demands instant decisions; a delay of even a few seconds can lead to a lost sale. Riskified's platform is built around providing real-time decisions, which is critical for its Chargeback Guarantee model. The system uses unsupervised machine learning to detect new fraud patterns and take immediate action, ensuring high approval rates without incurring losses.

The sheer scale of transactions Riskified must process annually is immense, requiring a platform that can handle peak shopping events like Black Friday and Cyber Monday without a hitch. The Gross Merchandise Volume (GMV) processed by Riskified for the first nine months of 2025 reached $108.4 billion, already exceeding the $100 billion+ annual scale. The entire platform's value proposition rests on its ability to analyze the individual behind each interaction and provide an instant, accurate risk assessment.

Intense competition from large payment processors and in-house merchant solutions (e.g., Amazon's internal tools).

Riskified operates in a fiercely competitive market, facing off against two major forces: massive payment processors and the in-house solutions of its largest potential clients. The scale of the competition is staggering, and it's a constant headwind.

Here's the quick math on the scale difference:

Competitor/Metric	2025 Payment Volume/Scale	Fraud Detection Capability
Riskified (9-Month GMV)	$108.4 billion	Proprietary AI, Chargeback Guarantee
Stripe	$1.05 trillion (Total Payment Volume)	ML system analyzed over 2 million transactions per second
Adyen	$1.08 trillion (Total Processed Volume)	AI-driven tool with 98% accuracy

Major payment processors like Stripe and Adyen embed their own AI-driven fraud tools, like Stripe Radar, directly into their core services. They have a massive data advantage, processing volumes that are nearly 10 times Riskified's GMV. Plus, large enterprise merchants like Amazon use their own proprietary systems, such as Amazon Fraud Detector, which is a fully managed service leveraging 'over two decades of Amazon's expertise' to build tailored fraud detection. This means Riskified must consistently demonstrate superior accuracy-reportedly outperforming some competitors by a factor of 2-3 in head-to-head pilots-to justify its standalone fee.

Investment in cloud infrastructure to handle the projected $100 billion+ in GMV processed annually by 2025.

To support its real-time, global platform, Riskified relies heavily on hyperscale cloud providers. This is a capital-efficient model, but it makes the company dependent on the technological roadmaps and pricing of giants like Amazon Web Services (AWS), with whom Riskified is a partner. The entire cloud ecosystem is in an AI infrastructure arms race, with Amazon projecting an investment exceeding $75 billion in 2025 to scale its cloud-based AI computing services.

Riskified's focus is not on building data centers, but on optimizing its platform within this massive infrastructure. The company's recent achievement of the AWS Consumer Packaged Goods (CPG) Competency in October 2025 shows a commitment to deepening these cloud relationships and tailoring its solution to specific, high-volume industry verticals. This reliance on a third-party cloud is a key risk: any downtime or significant price hike from a major provider could immediately impact Riskified's operational efficiency and gross margins.

Riskified Ltd. (RSKD) - PESTLE Analysis: Legal factors

You need to understand that the legal landscape for a FinTech like Riskified Ltd. is a constantly shifting compliance cost, not just a static set of rules. The core risk is that as fraud detection becomes more sophisticated, so does the regulatory scrutiny on how you handle the underlying data and who bears the financial liability. This arms race against financial crime directly translates to higher legal and compliance spending for the company.

Stricter enforcement of global data residency and privacy laws (e.g., EU's GDPR, US state laws like CCPA)

The regulatory environment for data privacy is getting tighter, and this impacts Riskified's global platform, which relies on analyzing vast amounts of cross-border consumer data. In the EU, the Digital Operational Resilience Act (DORA) came into force in January 2025, which increases the oversight required for all third-party Information and Communication Technology (ICT) providers, including fraud prevention vendors like Riskified. This means more rigorous audits and mandatory incident reporting, directly raising the cost of doing business in Europe.

In the US, state laws like the California Consumer Privacy Act (CCPA) and its successors continue to expand consumer rights, creating a patchwork of compliance requirements. The trend in 2025 is a surge in data privacy litigation, with plaintiffs' firms increasingly targeting financial services companies that use third-party data tracking technologies (like pixels and SDKs) on their websites and apps. While not a direct fine, this litigation risk forces Riskified to invest more in legal counsel and data governance to ensure its merchant clients are not exposed by its tools.

Here's the quick math on the financial crime landscape that drives this regulatory push:

• Global financial crime cost is estimated at up to $2 trillion annually.
• Non-compliance risk is real: Revolut was fined €3.5 million in 2024 by the Lithuanian regulator for AML control failures.
• Riskified itself mentions incurring substantial legal and financial compliance costs as a public company.

Evolving liability shifts in card network rules, impacting who bears the cost of chargebacks

The liability landscape for e-commerce fraud is moving rapidly, and this is where Riskified's core 'Chargeback Guarantee' product shines, but also where its risk is concentrated. Chargebacks are surging globally, driven by the rise of card-not-present (CNP) transactions and first-party fraud (friendly fraud). Global chargeback volume is predicted to reach 261 million transactions in 2025, with a total value of $33.79 billion.

Card network rules are evolving to push more accountability onto merchants and their service providers. Visa's Acquirer Monitoring Program (VAMP), for instance, has tightened enforcement by factoring in both chargebacks and fraud reports when assessing a merchant's risk profile. This pressure on merchants makes Riskified's guaranteed model more attractive, but it also increases the financial exposure on Riskified's balance sheet if its AI-powered fraud detection algorithms fail. Mastercard projects that chargebacks will increase by 24% by 2028, which tells you this liability pressure is a long-term trend.

This is a clear opportunity, but it's defintely a risk, too.

Chargeback Metric	2025 Global Forecast (Source: Datos Insights)	Implication for Riskified
Chargeback Volume	261 million transactions	High volume validates the need for AI-driven, scalable solutions.
Chargeback Value	$33.79 billion	The significant value increases the financial risk under the Chargeback Guarantee.
Projected Growth (2025-2028)	24% increase	Sustained growth in liability risk supports long-term product demand.

Increased regulatory pressure on Anti-Money Laundering (AML) and Know Your Customer (KYC) compliance for FinTech partners

While Riskified is primarily a fraud prevention company, its integration with payment processors, banks, and other FinTechs means it is indirectly subject to their stringent Anti-Money Laundering (AML) and Know Your Customer (KYC) obligations. The global regulatory framework is unifying and tightening in 2025. The EU's new AML Regulation aims to create a single rulebook across all member states, with the new Anti-Money Laundering Authority (AMLA) acting as the central supervisor for high-risk institutions.

The Financial Action Task Force (FATF) has also updated its guidance for 2025, placing a greater emphasis on beneficial ownership transparency and enhanced due diligence for virtual assets. For Riskified, this means its platform must not only detect payment fraud but also provide data that helps its partners meet these higher KYC/AML standards, especially as financial crime exploits sophisticated tools like deepfakes and cross-chain laundering. Failure to comply could lead to partners terminating contracts to avoid regulatory penalties, which is a significant indirect legal risk.

Ongoing legal battles over intellectual property (IP) for fraud detection algorithms

The fraud detection sector is a high-stakes arena where IP litigation is a constant threat because the core value proposition-the AI-powered algorithm-is proprietary and complex. Riskified has previously faced litigation, such as a putative securities class action filed in May 2022, which was dismissed in its entirety in June 2023, with the judgment now final. While the company states it is not presently party to any legal proceedings that would have a material adverse effect on its financial condition, the risk of IP disputes remains high.

The company's technology, which analyzes the individual behind each interaction to provide real-time decisions, is a prime target for IP challenges in a competitive market. The industry is in an 'arms race' against fraudsters who are leveraging Generative AI (GenAI) to launch sophisticated attacks; Riskified data shows that in Q3 2025, traffic from GenAI-powered shopping tools was 1.1 to 1.7 times riskier than typical search traffic. This rapid innovation cycle means new algorithms are constantly being deployed, increasing the likelihood of patent infringement claims from competitors like Signifyd Inc. or other players in the financial fraud detection software market.

Riskified Ltd. (RSKD) - PESTLE Analysis: Environmental factors

Growing pressure from institutional investors (like BlackRock) for transparency on data center energy consumption.

You need to understand that for a company like Riskified Ltd., which is a pure software-as-a-service (SaaS) provider, the bulk of your environmental risk is not in-house; it's in your supply chain-specifically, your cloud infrastructure. This is what we call Scope 3 emissions, and institutional investors are defintely scrutinizing it more than ever.

The biggest players, like BlackRock, are using their massive capital to drive change in the underlying cloud providers. For example, BlackRock's Global Infrastructure Partners made a $40 billion acquisition of Aligned Data Centers in 2025, signaling a direct investment in the energy-intensive AI infrastructure that powers your platform.

This means your cloud provider's energy mix-whether it's Amazon Web Services, Google Cloud, or Microsoft Azure-is now a material risk for Riskified. If your provider lags on renewable energy commitments, BlackRock and other major asset managers will eventually pressure you to switch or report more granularly. The sheer demand from the AI boom is pushing US data center power demand up by 22% in 2025, so the energy story is only getting louder.

Indirect impact from the carbon footprint of extensive cloud computing and data storage needs.

Your core product-AI-powered fraud and risk intelligence-runs on massive data sets and complex machine learning models. This requires extensive cloud computing, which carries a significant, albeit indirect, carbon footprint. The global investment in AI data centers alone reached $580 billion in 2025, surpassing new oil supplies, which tells you where the energy consumption is accelerating.

While Riskified itself doesn't own the servers, the environmental cost of processing billions of transactions to deliver real-time fraud decisions is a Scope 3 liability that investors are starting to quantify. This is a critical factor in maintaining your non-GAAP gross profit margin, which was 50% in Q2 2025, because future cloud contracts will inevitably factor in the cost of carbon.

Here's the quick math on the scale of the digital infrastructure you rely on:

Metric	2025 Data / Projection	Significance for Riskified Ltd.
Global AI Data Center Investment	$580 billion	Indicates the massive, energy-intensive growth of your core technology infrastructure.
US Data Center Power Demand Growth	22% increase in 2025	Higher operational cost and greater scrutiny on your cloud providers' energy sourcing.
Global Electricity Demand Growth	Forecasted 4% growth in 2025	Your demand is contributing to this global strain on power grids.

Increasing merchant focus on sustainable supply chains, which indirectly affects Riskified's merchant selection criteria.

Your e-commerce merchants are under immense pressure from their own customers to prove they run a sustainable supply chain. This pressure flows downstream to all their critical vendors, and that includes you as a fraud prevention partner. Simply put, a merchant's Chief Sustainability Officer now has a voice in who the Chief Technology Officer partners with.

In 2025, e-commerce brands are increasingly making a vendor's commitment to sustainability a top-three criterion in their selection process. [cite: 2 in first search]. They want partners who can demonstrate:

• Reduced carbon footprint from their digital operations.
• Supply-chain transparency and adherence to environmental standards.
• Use of AI to optimize logistics and reduce waste, which aligns with your core technology.

If you cannot provide clear, auditable metrics on your own digital footprint, you risk losing deals to competitors who can, especially with the 50 global merchants with annual Gross Merchandise Volume (GMV) above $1 billion that you serve. [cite: 12 in first search]

Demand for environmental, social, and governance (ESG) reporting, including data security practices.

The 'E' in ESG for a FinTech company like Riskified often overlaps with the 'G' (Governance) through data security and governance. Regulators and investors are increasingly viewing robust data security as a non-negotiable part of environmental and social risk management. Your financial filings for 2025 already cite 'increasing scrutiny of, and expectations for, environmental, social and governance initiatives' as a key risk factor. [cite: 7, 8 in first search]

The expectation for 2025 is for FinTechs to provide integrated ESG reporting. This means your data security practices-the foundation of your business-must be transparent and auditable. Your ability to maintain a strong cash position, which was $339.1 million as of Q2 2025, is directly tied to managing these non-financial risks effectively.

The core action here is to move beyond simply acknowledging the risk to quantifying it. Finance: start calculating your Scope 3 cloud emissions by year-end.