ComplyAdvantage, an AI-based financial crime detection startup has announced the close of a $50 million (approx €42.6 million) Series C funding round, bringing the total investment to date to $88 million (approx €75 million).
The round was led by Ontario Teachers’ Pension Plan Board along with existing investors Index Ventures and Balderton Capital. London-based startup intends to use the funding toward rapid product and market expansion across the United States, Europe, and the Asia-Pacific region.