Hawk raises USD 56 mln to fuel AI-powered fight against financial crime

Hawk raises USD 56 mln to fuel AI-powered fight against financial crime

AI-powered AML and fraud prevention firm Hawk has raised USD 56 million in a Series C funding round led by growth equity investor One Peak.

The round included participation from existing backers such as Macquarie, Rabobank, BlackFin Capital Partners, Sands Capital, DN Capital, Picus, and Coalition.

Hawk provides financial institutions with advanced AI-based AML screening and fraud detection solutions. Its platform is designed to replace legacy, rules-based systems that often…

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https://thepaypers.com/digital-identity-security-online-fraud/hawk-raises-usd-56-mln-to-fuel-ai-powered-fight-against-financial-crime–1273132