Webull selects Flagright to strengthen compliance

Flagright

Flagright, an AI-native no-code platform for transaction monitoring and AML compliance, has announced a new partnership with Webull, an online investment platform.

The collaboration aims to strengthen Webull’s anti-money laundering (AML) framework through real-time monitoring, risk detection, and automation capabilities.

The partnership is designed to enhance Webull’s ability to identify and mitigate financial crime risks. By leveraging Flagright’s AI-native compliance platform, Webull will gain access to advanced transaction monitoring tools, real-time visibility across trading and payment flows, and unified case management – helping the company remain audit-ready while meeting global regulatory standards.

Flagright, headquartered in Berlin, provides a no-code platform that enables financial institutions to deploy AML and transaction monitoring solutions instantly. Its AI-powered tools include watchlist screening, customer risk scoring, case management, and AI forensics – all within a unified, low-maintenance system.

Webull, a global online investment platform, offers commission-free trading in stocks, ETFs, and options, alongside educational resources for retail investors. As the company expands into payments and treasury management, it seeks to ensure compliance infrastructure that can scale efficiently with its evolving business model.

Through this collaboration, Webull will utilise Flagright’s comprehensive suite of compliance tools to detect and prevent financial crime across multiple transaction types, including wallets, cards, cash management, and trading flows. The platform allows Webull’s team to configure monitoring rules within minutes, automate risk scoring, and streamline investigations end-to-end in real time.

“Protecting our users and meeting regulatory expectations are core priorities for Webull,” said Webull Pay chief compliance officer Damarizz Medina. “Flagright gives us real-time visibility across our payment and trading flows, with unified case management and analytics that help us move quickly and stay audit ready.”

“As we expand into payments and treasury solutions, we need compliance infrastructure that scales with us,” said Webull Pay CEO Stephen Yip. “Flagright’s AI-native platform provides the monitoring, screening, and risk scoring capabilities we need without requiring a heavy engineering lift.”

“Webull is building a comprehensive money platform, and we are excited to provide the compliance backbone for that growth,” said Flagright co-founder and CTO Madhu G Nadig. “By unifying detection, screening, risk scoring, and investigations, Webull can scale with confidence.”

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