Icelandic fintech startup Lucinity has raised $6.1 million in fresh funding from Karma Ventures and byFounders.
Financial crime and money laundering is a thorn in the side of financial institutions. Compliance is often costly and manual.suggested that $1.45 trillion had been lost by businesses as a result of financial crime. The anti-money laundering company uses a cloud-based integration to help financial institutions better understand transaction data.
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