Cable - Automate 2LOD Control Testing
Automated compliance testing platform that allows banks and fintechs to continuously test 2LOD controls.
Automated compliance testing platform that allows banks and fintechs to continuously test 2LOD controls.
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Cable - Automate 2LOD Control Testing is an automated compliance testing platform designed to facilitate continuous testing of 2LOD controls for banks and fintechs. Launched in 2020, the platform addresses the need for effective BSA/AML control testing by enabling analysis across 100% of a bank's account and transaction data. With a focus on the Finance, Fintech, and IT industries, the company is headquartered in the United States.
The latest milestone for Cable - Automate 2LOD Control Testing came in the form of a $11.00M Series A investment on 11 May 2023. This round of funding saw participation from distinguished investors including Stage 2 Capital, CRV, and Jump Capital.
Through its innovative approach and strategic focus, Cable is positioned to make a significant impact in the compliance testing space, offering a versatile solution for financial institutions to streamline and enhance their risk management processes. The platform's ability to enable continuous and comprehensive testing aligns with the increasing demand for robust compliance solutions within the banking and fintech sectors.
| Funding Stage | Amount | No. Investors | Investors | Date |
|---|---|---|---|---|
| Series A | $11.00M | 3 |
|
11 May 2023 |
| Seed Round | $5.30M | - | 24 Aug 2021 |
No recent news or press coverage available for Cable - Automate 2LOD Control Testing.
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