Case Study: Nanovest achieves 4x ROI and eradicates rewards abuse with SHIELD's Device Intelligence

How Nanovest Boosted User Trust with SHIELD

Nanovest, an Indonesian investment app offering access to global stocks, ETFs and 120+ cryptocurrencies with low minimums and gamified rewards, faced widespread fraud from fake accounts and abused promotions. Fraudsters used jailbroken/rooted devices, app cloners, auto clickers and emulators to create multiple accounts and exploit onboarding incentives, threatening user trust and campaign ROI. To address this, Nanovest partnered with SHIELD and deployed SHIELD’s Device Intelligence (including SHIELD ID, Risk Indicators and the SHIELD Trust Score).

SHIELD’s real‑time device intelligence enabled Nanovest to detect multi‑accounting and malicious tools, stop rewards and incentive abuse, and streamline onboarding/KYC without extra PII collection. As a result Nanovest eradicated reward fraud, routed campaigns and payouts to genuine users, and achieved measurable business impact — including a 4x ROI with SHIELD’s Device Intelligence — while restoring trust across its user base.

Nanovest

Hutama Pastika

Chief Executive Officer