Themis, a digital financial crime platform, has scored £3.1m in its latest pre-Series A funding round.
Themis is currently valued at £15.4m and reported a 57% growth in revenues in 2022 from the previous year.
Themis uses advanced AI and ML technology, powered by threat-based data, research and intelligence to detect potential links to financial crime.
Its AML software provides a simple way to conduct screening, KYC onboarding, risk mapping, enhanced due diligence and automated monitoring in one platform to make sure that you are not inadvertently dealing with companies, entities or individuals with criminal records, links to serious & organised crime or other forms of financial crime.
Themis CTO Matt Deacon said, “It is often said that criminals hide in plain sight. However we have developed a simple search engine that enables you to find out if your clients, suppliers or indeed any other people or companies you use, have criminal records or any links to illicit activity.
“Our platform can tell you if they are on any international sanctions lists, own or are directors of any companies or offshore vehicles anywhere around the world, have political exposure and influence or simply have adverse media about them. In addition, at the click of a button you can also see if anyone they are linked to has any criminal associations as well. With every search you make, we are screening over 505m data points so you really know who you are dealing with. There really is no place for criminals to hide anymore.”
Dickson Johnstone – founder and CEO of Themis – added, “We have deliberately developed a platform that anyone and everyone can and should be using to make sure that you really know who you are dealing with. Whether you are building a new client or 3rd party relationship at work, looking for a new supplier, making any form of investment, hiring new talent or simply employing a new contractor to renovate your home, make sure you are not inadvertently working with nefarious characters or unscrupulous companies.”
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