Monetary crime intelligence firm Quantifind raised $200 million in growth-round funding led by Summit Companions, based on a information launch. Citi Ventures, S&P International, Deloitte and Stephens Group additionally participated.
Quantifind, which was based in 2009, will use the cash for increasing throughout Europe, Asia-Pacific and the Americas, strengthening regional partnerships, advancing regulatory alignment and lengthening localized threat intelligence capabilities, the corporate stated within the information launch.
“Fashionable monetary crime operations require accuracy, pace, scale, and explainability concurrently — there is no such thing as a acceptable tradeoff amongst them in regulated environments,” Ari Tuchman, CEO and co-founder of Quantifind, stated within the launch. “As AI transforms threat operations, success will rely on ruled AI methods grounded in trusted intelligence and human oversight. Quantifind continues to be the trusted selection for these AI threat functions.”
Monetary crime intelligence firm Quantifind raised $200 million in growth-round funding led by Summit Companions, based on a information launch. Citi Ventures, S&P International, Deloitte and Stephens Group additionally participated.
Quantifind, which was based in 2009, will use the cash for increasing throughout Europe, Asia-Pacific and the Americas, strengthening regional partnerships, advancing regulatory alignment and lengthening localized threat intelligence capabilities, the corporate stated within the information launch.
“Fashionable monetary crime operations require accuracy, pace, scale, and explainability concurrently — there is no such thing as a acceptable tradeoff amongst them in regulated environments,” Ari Tuchman, CEO and co-founder of Quantifind, stated within the launch. “As AI transforms threat operations, success will rely on ruled AI methods grounded in trusted intelligence and human oversight. Quantifind continues to be the trusted selection for these AI threat functions.”
