Nasdaq VC Unit Invests in Israeli Financial-Compliance Technology Firm Fincom

MT Newswires Live
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Nasdaq (NDAQ), through its venture capital investment arm, has led a series B funding round for Fincom, an Israeli startup working to commercialize anti-money laundering technology and other financial compliance tools.

Financial terms and other details of the new funding round were not disclosed.

Other investors included the Macquarie Group and G1 Ventures, along with existing investors AnD Ventures and ff Venture Capital.

Fincom and Nasdaq, through its Nasdaq Verafin financial crimes detection unit, also disclosed a new partnership on Tuesday making Fincom technology available to more than 2,600 Nasdaq Verafin clients.

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