ComplyAdvantage’s $50 Million Series C Funding Round

Latham & Watkins advised ComplyAdvantage on the deal.

ComplyAdvantage, a British technology start-up which uses artificial intelligence (AI) to detect financial crime, closed its Series C funding round which raised US$50 million.

ComplyAdvantage uses machine learning and natural language processing to help banks carry out sanction screening checks and to examine transactions for any companies or individuals on watch lists.

Latham’s team advising ComplyAdvantage was led by London corporate partner Shing Lo (Picture), with associates Terry Charalambous and Janine Leeder.

Involved fees earner: Terry Charalambous – Latham & Watkins; Janine Leeder – Latham & Watkins; Shing Yuin Lo – Latham & Watkins;

Law Firms: Latham & Watkins;

Clients: ComplyAdvantage;