The round was led by Keen Venture Partners and joined by Experian and its existing investors, Crowberry Capital, Karma Ventures, and byFounders. Lucinity has helped various banks and fintechs increase their compliance productivity, as it states.
The company also recently announced partnerships with Experian and Seon. With Experian, Lucinity is delivering ongoing Know Your Business (KYB) and risk assessments, while its collaboration with Seon is centered around a joint anti-money laundering and fraud prevention solution.
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