PANews reported on February 10th that Bretton AI, an AI-driven financial compliance startup founded by Will Lawrence, a former employee of the Paxos compliance team, announced the completion of a $75 million Series B funding round. The round was led by Sapphire Ventures, with participation from Greylock, Thomson Reuters Ventures, and Citi Ventures. The company's clients are primarily fintech service companies, including startups like Mercury, Ramp, Robinhood, and Coinbase, as well as some community and regional banks, helping them achieve anti-money laundering and customer due diligence (KYC) compliance.
Bretton AI raises $75 million in Series B funding to combat fintech crime using artificial intelligence.
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