Anti-money laundering tech company First AML has raised $28.7 million (NZ$30 million) in a Series B funding led by investing firm Blackbird Ventures.
First AML has launched in Australia after demand from venture capital firms. When reporting entities reach 100, 000 and AML compliance becomes mandatory for lawyers, accountants, and real estate agents across the country, the tech startup will offer regtech solutions to cater these numbers.
Auckland-based anti-money laundering firm First AML has raised US$7.3 million (A$ 9.99 million) in a Series A funding round led by the American firm Bedrock Capital, and supported by its existing investors, Pushpay founder Chris Heaslip and Icehouse Ventures.
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