Apate.ai takes an unconventional approach to fraud prevention: instead of simply detecting scammers, it actively engages them. Its conversational AI bots impersonate realistic victims and interact with fraudsters through phone calls, SMS, WhatsApp and Telegram. During these conversations, the bots can keep scammers occupied, extract bank-account details, cryptocurrency addresses, scam scripts, impersonated organizations and other intelligence. Apate's platform includes Apate Voice, Apate Text and Apate Insights, which turns those interactions into real-time scam intelligence for banks, telcos, governments, crypto exchanges and law enforcement. The company originated as a Macquarie University spin-out and was founded in 2024. It currently operates internationally across Australia, the UK and Southeast Asia