Hawk AI, Nikulipe link to boost AML transaction monitoring

Hawk AI

Hawk AI has entered into a partnership with FinTech Nikulipe, a company that specialises in local payment methods in fast-growing and emerging markets.  

Through this agreement, Hawk AI claims its leading transaction monitoring to combat money laundering other forms of financial crime will help to further strengthen Nikulipe’s aim of offering their clients best-in-class AML security for existing and new services.

Hawk AI’s modular software and flexible APIs will allow frictionless integration into Nikelie’s systems.

For Nikulipe, this deal will also add another layer of security when expanding their portfolio of local payment methods to allow their clients to expand their reach into new fast-growing markets.

A key aim for Nikulipe is to empower consumers from fast-growing and emerging markets to take part in global e-commerce.

By streamlining cross-border payment solutions, Nikulipe provides unified access to Local Payment Methods or creates payment solutions where there are none, unlocking the doors to new markets.

Hawk AI CEO and co-founder Tobias Schweiger said, ““While compliance is often seen as a roadblock to growth, companies who treat it as a priority can actually promote innovation, reduce time-to-market and scale more effectively. We’re excited to support Nikulipe in their journey as an innovative connector of local payment methods to enhance financial inclusion across emerging markets.”

Nikulipe CEO Frank Breuss added, “Providing local payment methods in emerging markets to some of the largest PSPs and merchants globally is a matter of trust. Nikulipe strives to adhere to the highest level of AML and fraud prevention standards and is proud to work with a reputable and experienced partner like Hawk.AI, who cares about innovation and excellence as much as we do.”

Hawk AI has also recently secured $17m in a Series B funding round. Sands Capital served as the lead investor, with participation coming from both new and existing investors, including DN Capital, Coalition, BlackFin Capital Partners, and Picus Capital.

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