July 28 - 11:07
ComplyAdvantage raises $50 million to fight financial crime with AI
A British startup that uses artificial intelligence to combat financial crime has scooped $50 million in new funding. ComplyAdvantage has built a platform and database of 10 million entries to support its mission. Its Series C round was led by Ontario Teachers’ Pension Plan. Charles Delingpole, CEO, said the cash will "alter ComplyAdvantage's trajectory". "This is just the beginning," he claimed.
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