Armalytix, a London, UK-based provider of an engine of proof for the digital economy, completed a targeted raise of $1m.
The additional capital has been raised from new and existing investors across the world of finance, with backgrounds working at firms such as HSBC, UBS, Bank of America and Goldman Sachs.
The company intends to use the funds to further strengthen its Source of Funds offering.
Led by Richard McCall, CEO, Armalytix is a company that streamlines data collection and intelligence to provide financial insights for AML checks to the professional, financial service and betting and gaming sectors. The company’s solution allows firms to complete checks at scale.
Armalytix is on a mission to help firms stay on top of AML requirements and protect them from financial risks, and equally importantly, reputational damage.
FinSMEs
28/09/2022