Quantifind, whose AI products help banks combat financial crimes such as money laundering, raised $200M led by Summit Partners (Laura Kreutzer/Wall Street Journal)
Quantifind raised $200M to expand AI tools used by banks for anti-money-laundering and financial crime investigations.
Excerpt
<a href="https://www.wsj.com/pro/private-equity/summit-partners-leads-a-200-million-bet-on-quantifinds-ai-tech-d9bf819f"><img align="RIGHT" border="0" hspace="4" src="http://www.techmeme.com/260629/i30.jpg" vspace="4" /></a>
<p><a href="https://www.techmeme.com/260629/p30#a260629p30" title="Techmeme permalink"><img height="12" src="http://www.techmeme.com/img/pml.png" style="border: none; padding: 0; margin: 0;" width="11" /></a> Laura Kreutzer / <a href="https://www.wsj.com/">Wall Street Journal</a>:<br />
<span style="font-size: 1.3em;"><b><a href="https://www.wsj.com/pro/private-equity/summit-partners-leads-a-200-million-bet-on-quantifinds-ai-tech-d9bf819f">Quantifind, whose AI products help banks combat financial crimes such as money laundering, raised $200M led by Summit Partners</a></b></span> — Its Graphyte platform aims to help banks and other organizations ferret out money-laundering and other financial crime, the company says</p>
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