ThetaRay

ThetaRay is a 2013-founded Israel-based startup, offering AI-powered Anti-Money Laundering (AML) transaction monitoring and screening solutions to the finance, fintech, and payments industries. The company's patented algorithms rapidly pinpoint potential anomalies and suspicious activities, adopting a risk-based approach that sets it apart from legacy solutions in the financial services sector. With a recent $57.00M Series D investment at 05 September 2023 from Jerusalem Venture Partners, OurCrowd, R136 Ventures, Portage Ventures, ThetaRay is shaping the future of global payments. The company's technology enhances trust in cross-border and domestic financial transactions, enabling compliant business growth and providing over 50% reduction in investigation time and boasting a 99% accuracy rate in minimizing false positives. This robust, scalable security adds significant value, especially in the fast-evolving regulatory and digital banking landscape. Learn more about ThetaRay's innovative products here.