Fincom, a leader in anti-money laundering (AML) Sanction Screening and Entity Resolution technology, has completed a Series B led by Nasdaq Ventures, with participation from Macquarie Group, G1 Ventures, and others, signaling strong investor confidence in its AML technology. The company addresses a critical need in the financial sector for scalable, accurate compliance tools, offering advanced multilingual and phonetic matching that reduces false positives and delivers over 80% operational cost savings. Fincom will enter a global partnership with Nasdaq Verafin as part of the deal, expanding its reach and integrating its innovative solutions into the broader anti-financial crime ecosystem, serving over 2,600 financial institutions.
Fincom Announces Series B Financing Led by Nasdaq Ventures with Participation from Macquarie Group and G1 Ventures