4 years ago
Quantexa Raises $153 Million to Fight Financial Crimes
London-based fraud prevention startup Quantexa has raised $153 million in Series D funding led by Warburg Pincus
The company's Contextual Decision Intelligence (CDI) platform helps organizations create a single customer view of data and deploy new data and analytics technologies to create graph-based network views
Quantexa will use the investment to accelerate its plans for regional market expansion and build out its product portfolio development further in areas such as data management and industry verticals
The company serves blue-chip banks, insurers and government organizations across more than 70 countries.
ProblemTechnology
"Financial institutions and governments struggle to detect and prevent financial crimes due to the increasing sophistication of electronic fraud."
Solution
"Quantexa's Contextual Decision Intelligence (CDI) platform helps organizations create a single view of their data, enabling them to identify and mitigate financial crime risks through advanced AI and graph analytics."