Refine Intelligence

Refine Intelligence Overview

Refine Intelligence is focused on fighting false positives in financial crime investigation and compliance, which comprise over 90% of anti-money laundering alerts. Refine Intelligence has developed a novel approach to help banks reduce the growing operational costs of financial crime. Its proprietary AI scans anti-money laundering alerts from transaction monitoring systems and “greenflags” customers’ legitimate activity to dramatically reduce investigation time, and can also be used to protect against check fraud, scams and money mules.

Cumulative Funding Raised Over Time ($)

Latest News

Nov 14, 2023 · www.calcalistech.com

growth-positive

Refine Intelligence raises $13 million in Seed funding for anti-money laundering | CTech

Refine Intelligence, a company that develops technology to combat financial crime, has raised $13 million in seed funding. The round was led by Glilot Capital Partners and Fin Capital, with participation from SYN Ventures, Valley Ventures, and Ground Up Ventures. The companys technology helps banks and financial institutions identify legitimate and suspicious activities by understanding customers life stories and financial behaviors. The platform can significantly reduce processing time and allow investigators to focus on truly suspicious activity by quickly clearing away false alarms.

InvestmentExpand

Funding

Team Members

7

Employees: 11-50

Web & Social Links

Locations

Derech Menachem Begin 144, Tel Aviv-Yafo, Israel

Photos & Videos

No files yet

Refine Intelligence Internal

Recent Updates

No update log entries.

Note: Free-text notes visible in the original Finder "Internal" tab are not present in the imported profile data. Only the update audit log is available.

Admin Info