#FinancialCrime / ComplyAdvantage Raises $50M

[London-based financial crime fintech] ComplyAdvantage has built an AI platform and database of 10 million entities to help identify and track those involved in financial crime; they have 500 customers primarily in the financial services space;

[Founder and CEO:] “We’ve been focused on more granular analysis and being able to scale to hundreds of millions of searches across our database. The next phase is more around the network of contacts and more enhanced diligence.”