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Hummingbird completes acquisition of LogicLoop to advance data integration and automation capabilities

PRIVATESep 20, 2024

Acquiring Company

Hummingbird

Acquired Company

LogicLoop

San FranciscoInformation TechnologyFinancial ServicesSoftwarePrivacy And SecurityFinancial ServicesSoftwareArtificial IntelligenceFintechSaaS

Description

Hummingbird, a leading provider of financial crime risk management solutions, has announced the acquisition of LogicLoop. This acquisition represents a significant step forward in Hummingbird’s mission to become the core operating platform for financial crime fighters, allowing financial institutions to unify, explore, and act on their risk and compliance data. By integrating LogicLoop's innovative technology, Hummingbird aims to tackle data fragmentation and empower risk and compliance teams to streamline operations, enhance decision-making, and deliver more impactful outcomes.

Quick answer

Hummingbird is acquiring LogicLoop, announced September 20, 2024.

How much did Hummingbird pay for LogicLoop?
The deal value was not disclosed.
What does Hummingbird do?
Hummingbird gives the people fighting financial crimes superpowers.
Where are Hummingbird and LogicLoop based?
LogicLoop is based in San Francisco, California, United States.
Who are the decision-makers at Hummingbird?
Fundz holds 1 contact at Hummingbird. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Other recent acquisitions in Financial Services and Privacy And Security

Deals where the buyer or target shares a sector with this one, within 45 days, from Fundz verified event records.

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Company Information

Company

Hummingbird

About

Hummingbird gives the people fighting financial crimes superpowers. Our service is designed to enhance anti-money laundering and counter-terrorist financing investigations. It reduces cumbersome paperwork, provides insightful analytics, and enables collaboration for compliance professionals and law enforcement agents. We’re on a mission to turn the tables against criminals who pollute our financial system. Modern criminals are sophisticated, tech-savvy, and agile. The tools used to fight financial crimes should be, too.

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Frequently asked

Who acquired LogicLoop?

LogicLoop was acquired by Hummingbird. The deal was reported on September 20, 2024. Hummingbird gives the people fighting financial crimes superpowers. Our service is designed to enhance anti-money laundering and counter-terrorist financing investigations. Hummingbird is privately held and operates in Information Technology.

When did Hummingbird acquire LogicLoop?

Hummingbird's acquisition of LogicLoop was reported on September 20, 2024. Hummingbird, a leading provider of financial crime risk management solutions, has announced the acquisition of LogicLoop. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does LogicLoop do?

LogicLoop is a pioneer in no-code data integration and automation, empowering operations teams to do more with data without relying on scarce technical resources. It is privately held, operating in Financial Services, and is based in San Francisco.

This company was part of an acquisition. Fundz tracks who bought whom, and who to call on both sides.

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