UK FinTech startup ComplyAdvantage has completed its Series C investment round at $50mn.
In Brief:
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ComplyAdvantage offers automated solutions to combat financial crime.
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The round was led by Ontatio Teachers’ Pension Plan Board.
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Existing investors Balderton Capital and Index Ventures also took part.
What does this mean?
ComplyAdvantage will use the capital for international expansion. The London-based FinTech plans to accelerate the development of its suits or products for a wide range of customers.