ComplyAdvantage Raises $50M in Series C

London-based financial crime fintech, ComplyAdvantage, has closed a $50 million Series C funding round; the round was led by Ontario Teachers’ Pension Plan, a huge pension plan out of Canada that is known as a prolific growth-stage tech investor, with participation from previous backers Balderton and Index Ventures; ComplyAdvantage has built an AI platform and database of 10 million entities to help identify and track those involved in financial crime; they have 500 customers primarily in the financial services space; founder and CEO, Charlie Delingpole, told TechCrunch, “We’ve been focused on more granular analysis and being able to scale to hundreds of millions of searches across our database. The next phase is more around the network of contacts and more enhanced diligence.” TechCrunch.

  • Peter Renton

    Peter Renton is the chairman and co-founder of Fintech Nexus, the world’s first and largest digital media and events company focused on fintech. Peter has been writing about fintech since 2010 and he is the author and creator of the Fintech One-on-One Podcast, the first and longest-running fintech interview series. Peter has been interviewed by the Wall Street Journal, Bloomberg, The New York Times, CNBC, CNN, Fortune, NPR, Fox Business News, the Financial Times, and dozens of other publications.