Flagright

Flagright (operating at flagright.com) is a leading AML compliance solution platform engineered for financial crime prevention. Founded in 2021 by Baran Özkan and Madhu G Nadig, and headquartered in San Francisco, California, Flagright helps fintechs and banks monitor, screen, investigate, and report their transactions and customers against financial crime risks with a best-in-class AML compliance platform. Under the hood, Flagright's AI-native platform uses explainable AI agents to reduce false positive alerts by 93% and cuts down on manual review time. This allows global enterprises, startups, and everyone in between to streamline their compliance programs and stay ahead of financial crimes. Backed by Y Combinator and seed funding of $4.3M.