Hawk raises $56 million in Series C funding to enhance its AI-driven anti-money laundering and fraud prevention solutions, aiming for global expansion and continued innovation.

Information on the Target

Hawk, headquartered in Munich, Germany, is a prominent provider of AI-driven solutions for anti-money laundering (AML), screening, and fraud prevention. With over 80 global customers, including major Tier 1 banks and various mid-market financial institutions and fintechs, Hawk has established itself as a trusted partner in an industry characterized by stringent regulations. The company’s advanced technology not only supports compliance but also addresses critical industry pain points by enhancing the capabilities of its clients.

This recent $56 million Series C funding round will bolster Hawk's commitment to ongoing product innovation and accelerate its international expansion, particularly into the United States. The capital will also enable Hawk to further improve its advanced technologies, aimed at delivering high-quality solutions for financial institutions worldwide.

Industry Overview in Germany

The financial services industry in Germany is known for its robust regulatory framework, particularly concerning anti-money laundering compliance. As a key player in the European financial landscape, Germany places immense importance on the effect