Hawk AI announced today that it has raised $10 million USD in its Series A funding, with fintech specialist BlackFin Capital Partners leading the investment round and Picus Capital expanding its existing share.

Hawk (originally known as HAWK:AI) was founded in Munich in 2018 by experienced fintech entrepreneurs Wolfgang Berner and Tobias Schweiger, who saw the potential for a fresh approach to technology for AML and regulatory compliance. 

Our technology increases the effectiveness of financial crime detection, helping financial institutions to improve their risk coverage and find more crime, while also improving efficiency. It does this by dramatically reducing false positive alerts by applying fully transparent and auditable machine learning to high volumes of transactions. 


https://hawk.ai/

Hawk Ai Raises $10M Usd In Series A Led By Blackfin Capital Partners To Fuel Global Expansion For Its Ai-Based Aml Platform

Description

Company Information

Related People