Fincom, a Tel Aviv, Israel-based provider of anti-money laundering (AML) Sanction Screening and Entity Resolution technology, raised an undisclosed amount in Series B funding.
The round was led by Nasdaq Ventures, with participation from Macquarie Group, G1 Ventures, and existing investors including AnD Ventures and ff Venture Capital.
The company intends to use the funds to support its efforts to accelerate its international growth and launch new offerings, including screening for Politically Exposed Persons (PEPs) and adverse media, as well as Verification of Payee (VOP) services.
Led by CEO and Founder Gideon Drori, Fincom improves AML Technologies delivering solutions for Sanctions Screening and enhances the efficiency and effectiveness of AML compliance. It offers a unified suite supporting diverse AML sanction screening applications, all payment types (Wire, Instant Payments, ACH, and Swift), KYC Onboarding and Ongoing (pKYC), Trade Finance, and improving compliance activities while reducing sanctions screening operational costs.
FinSMEs
13/05/2025