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Making money good

Lucinity is an AML software company that aims to ‘make money good’ by combining human and artificial intelligence to help bank analysts detect and process money laundering cases more efficiently and accurately. The cloud-based detection technology learns from every interaction and has mapped money laundering behaviors from all major regulators so that analysts can achieve better results and cut expensive tuning efforts. Lucinity was founded in 2018 and has employees located in New York, London, Brussels and Reykjavik.

"Lucinity received the first term sheet we've ever written without having met the founders in the flesh. The pandemic clearly shook the venture world, and the way we operate on a day-to-day basis, however, brilliant founders with excellent references will always prevail. We have great confidence in this team's ability to revolutionize the financial industries for the better."

- Eric Lagier, Managing Partner

VERTICAL
FinTech
Country
Iceland
INvested in
Series A
2020
Invested with
Collective contributions

Meet the founders

Guðmundur Kristjansson

CEO

Related news

External
February 24, 2021

Our 2020 Investments

2020 was a year like no other. But moving behind the screens did not slow us down: we still welcomed seven new startups to our portfolio! From an AML software company working to ‘make money good’, to AI that makes negotiating more honest and responsible, without further ado, let’s meet our newcomers!
Company News
February 24, 2021

Our 2020 Investments

2020 was a year like no other. But moving behind the screens did not slow us down: we still welcomed seven new startups to our portfolio! From an AML software company working to ‘make money good’, to AI that makes negotiating more honest and responsible, without further ado, let’s meet our newcomers!

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