Quantifind secures $22 million in funding to enhance its AI-powered financial crime solutions, aimed at improving compliance and transaction screening for financial institutions.

Target Information

Quantifind, a leader in AI-powered financial crime intelligence, specializes in developing advanced solutions to help organizations combat financial crimes effectively. Their innovative platform, Graphyte, enables financial institutions to proactively detect and mitigate risks associated with financial crime and sanctions while facilitating legitimate payments. With a significant growth of 200% reported in 2024, Quantifind is now poised to enhance its offerings with a fresh infusion of capital.

The recent funding round of $22 million will support the rollout of Quantifind's state-of-the-art Payments Risk Intelligence solution. This system is designed to address the pressing need for advanced transaction screening capabilities, thus improving the efficiency and effectiveness of financial institutions in managing financial crime threats.

Industry Overview

The financial industry is increasingly vulnerable to sophisticated fraudulent activities as adversarial actors exploit weaknesses, particularly through artificial intelligence. As AI technologies evolve, financial institutions are compelled to adapt