Flagright has raised US$12.5 million in a Series A funding round led by Infinity Ventures.
The round also included participation from Sella and existing investors Frontline and Y Combinator.
The Series A follows a US$4.3 million seed round announced in April 2025, which was led by Frontline Ventures.
Flagright plans to use the funding to expand explainable AI across its financial crime compliance operations and strengthen its presence in the United States.
This will include investigations, alert intelligence, rule optimisation, decision support and audit-ready workflows.
The company provides transaction monitoring, watchlist screening, risk scoring, case management, AI forensics and governance tools through a single platform.
The platform is designed for banks, fintech companies, credit unions and other regulated financial institutions.
Baran Ozkan, CEO and Co-Founder of Flagright, said,
“This round helps us accelerate our position as the enterprise standard for financial crime compliance by expanding explainable AI use cases across compliance operations and increasing our US market presence, while we continue serving sophisticated clients with the reliability and depth they expect from a mission critical software.”
Madhu G. Nadig, CTO and Co-Founder of Flagright, said,
“AI in compliance only matters if it is explainable, governable, and useful in real operations. The market does not need another black box tool. It needs an operating system that brings monitoring, screening, investigations, governance, and explainable AI together in one place.
We are building the system of choice for sophisticated institutions that need AI they can trust, audit, and operationaliae at scale.”
Featured image: Edited by Fintech News Singapore, based on image by mkmult via Magnific
