WE BELIEVE TRANSPARENCY AND CONTROL PREVENTS FRAUD BEFORE IT STARTS

B4 helps organisations discover fraud and financial damage along with inefficiencies in their financial workflows. Today, our software myB4TM gives teams the tools they need to understand their data, flag anomalies, and act on warning signs with confidence. However, our story begins nearly half a century ago.

July 1980
Nigel Iyer, CEO and co-founder, aged 16 stumbles over his first fraud (literally) while working for a chartered accountant firm. Over 300 wagebooks stored in boxes revealed abuse of illegal immigrants in a Manchester clothing factory. It led Nigel to realise fraud is everywhere, and accounting systems are like crime-scenes waiting to be analysed.
1985-1999
The first, simple algorithms to analyse data and find fraud are developed. Nigel joins "Network" headed by Michael J. Comer and Martin Samociuk.
2000-2016
Key individuals like John Walhoff, Veronica Morino, and Nigel Iyer work at Hibis, developing approaches like "Think-Like-a-Thief" and Fraud-i. The algorithms are refined further, and developed in "Arbutus Analyser", they are successfully used to detect major fraud and briberies at ABB Sweden in 2005, and Russian infiltration into European power grids in 2016.
The B4 Era
Jan 2020
B4 is founded by John Walhoff and Nigel Iyer. At this stage, algorithms are run in the Arbutus Analyser model for organisations to support remote investigations.
2020-2022
B4 supports remote investigations, while developing the Arbutus model into software which would eventually become myB4.ai.
2022
First major round of investment enables the myB4.ai SaaS-platform to be finalised and launched. IBM commence cooperation with B4.
2023
B4 engages Shibuya in a strategic partnership. The algorithms are refined to the version you see today, and the Risk Index is developed along with several complimentary tools like Insights and Footprint.
Feb 2024
myB4 is released in stable version (v1.6.0).
2024-2025
B4 expands operations, with myB4.ai now employed by companies in the public and private sectors. In 2025, myB4 Tools are launched, which encompasses both the core platform, and new EdTech offerings.

To be continued

Meet the B4 Team