Global money laundering is 2 – 5% of global GDP annually or $800B – $2T. Charles Delingpole built ComplyAdvantage, the dynamic global risk database of people and companies, to evaluate the risk of who you’re doing business with. Through the use of the machine-learning powered solution that integrates with existing workflows, financial institutions are able to meet regulatory compliance requirements and manage risk obligations. Delingpole walks us through the inspiration for the company, how it reduces financial crimes, and the company’s recent funding round from investors that include Ontario Teachers’ Pension Plan, Index Ventures, and Balderton Capital.
The notable European Tech startup fundings for the week ending 1/8/20 featuring funding details for DNA Script, Withings, Moonbug, and much much more.
The latest venture capital, seed, pre-seed, and angel deals for London startups for 28/7/2020 featuring funding details for Thought Machine, ComplyAdvantage, and much more.