ComplyAdvantage, a New York and London (UK) & Singapore (Malaysia) based company specialized in data technology company transforming financial crime detection, raised an additional $20m in a Series C funding, now totalling $70m.
The round was led by Goldman Sachs Asset Management.
The company intends to use the funds to consolidate its growth.
Led by Charles Delingpole, founder and CEO, ComplyAdvantage provides AI-driven financial crime risk data and detection technology platform for the financial industry. More than 500 enterprises in 75 countries use it to understand the risk of who they’re doing business with through the world’s only global, real-time database of people and companies. The company actively identifies tens of thousands of risk events from millions of structured and unstructured data points every single day.
ComplyAdvantage has four global hubs located in New York, London, Singapore and Cluj-Napoca.
FinSMEs
20/05/2021