Flagright

Germany 11-50 Employees Founded 2021 Software Development

Flagright is an AI-native AML compliance & risk management platform arming financial institutions against financial crime risks. The no-code platform leverages LLMs and advanced algorithms to enhance financial crime compliance operations, offering transaction monitoring, case management, risk scoring, and AML screening. Thanks to seamlessly integrated AI agents, Flagright drastically reduces false positives by 90% and alert investigation time by 80% for AML & fraud teams globally. Serving customers in 6 continents, Flagright is rated #1 globally in transaction monitoring and AML compliance on G2 in Summer 2024. Flagright is also rated #1 in time-to-integrate with customers going live in an average of 2 weeks, significantly faster than the industry average of 2-4 months, time-to-value, and ROI with a payback period of 2.4 months on average. Headquartered in Singapore, the company also has offices in the United States, Germany, and India with a global workforce presence to support its customers locally.

Specialties: Startups, Fintech, Fraud Prevention, AML Compliance, Case Management, Sanctions Screening, Transaction Monitoring, Blockchain Analytics, API, Anti-money Laundering, Risk Management, Payments, Real-time Processing, KYB, Fraud Protection, Neobank, Rules engine, financial institution, AI, No Code, Merchant Monitoring, AI Investigations, Customer Risk Assessment, RegTech, Regulatory Compliance, AML Compliance Solution, AML Compliance Solution for Fintechs, AML Compliance Solution for Banks, Transaction Monitoring Solution, Transaction Monitoring Solution for Fintechs, Transaction Monitoring Solution for Banks, and Generative AI