London-based startup Flagright, an AI-centric no-code compliance platform, raised $4.3M in a seed funding round led by Frontline Ventures. Key investors include influential figures from Zalando, Revolut, and Y Combinator. The funding will facilitate Flagright’s global expansion, especially into North America. Established in 2022, the platform aids financial institutions in managing anti-money laundering compliance through real-time monitoring and AI forensics, thus optimizing operations and reducing operational costs. With over 50 clients worldwide, the company’s no-code platform makes compliance accessible to teams without technical expertise.
Flagright has revolutionized AML compliance with real-time monitoring and AI-driven solutions, allowing financial institutions to tackle risks more effectively while reducing operational costs.
By securing $4.3M in seed funding, Flagright aims to expand globally, particularly targeting the North American market, strengthening its presence in key financial hubs.
Our no-code platform empowers Financial Crime Compliance teams to design tailored compliance programs without technical barriers, accelerating decision-making significantly through automation.
The introduction of AI forensics enables Flagright to automate investigations and generate reports swiftly, reducing manual efforts and improving accuracy in compliance operations.
Collection
[
|
...
]