8 years ago

Coinfirm Secures $700K in Seed Funding to Expand Blockchain Compliance Platform

  • Coinfirm, a London-based blockchain regtech startup, raised a $700,000 funding round led by Luma Ventures

  • The company plans to use the capital to expand its platform and add new services and features

  • Coinfirm offers a blockchain anti-money laundering (AML) and combating the financing of terrorism (CFT) risk and compliance platform for industries such as cryptocurrency, banking, and business intelligence

  • The platform aims to bring transparency and security to blockchain transactions and solve AML/CFT/Sanctions and counterparty risk management problems.

      • ProblemTechnology

      "It's hard to tell if money being sent through the blockchain is clean or being used for illegal activities like money laundering or terrorism."

      Solution

      "Coinfirm provides a platform that helps companies and financial institutions track blockchain transactions and make sure they are not being used for illegal activities."

      Covered on