“We haven’t focused on working with banks because there are a lot of medium-sized enterprises in the economy that also need to comply with AML rules,” co-founder and chief executive officer Milan Cooper told TechCrunch. “Many people focus on banks because those are the big guys, but the smaller law firms and investment firms, they need to comply as well. What we’ve found is that they don’t have the resources to invest in internal teams to set up a really sophisticated compliance process.”

https://techcrunch.com/2021/11/01/new-zealand-based-customer-due-diligence-platform-first-aml-gets-21m-series-b/