New Zealand based anti-money laundering startup raised $5.4 million in Series A funding led by Bedrock Capital.
First AML co-founder Milan Cooper is excited by the opportunities the new investment affords: “Our plans to accelerate global market expansion and product development have just got a whole lot bigger. Interest from customers in countries like Australia and the US is heating up as businesses look to prepare for the new regulatory requirements, and we are now well placed to capture these opportunities and offer the world’s best AML compliance platform thanks to our new investment partners at Bedrock. This is a $184 billion global market - there's massive opportunity out there.”