Standard Chartered invests in AI startup Silent Eight
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Standard Chartered’s innovation, fintech and ventures unit, SC Ventures, has participated in a Series A funding round for regtech startup Silent Eight.
Startup Funding News: Standard Chartered invests in Silent Eight
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Standard Chartered’s innovation, fintech and ventures unit, SC Ventures, has participated in a Series A funding round for regtech Silent Eight.
The AI-powered anti-money laundering and counter-terrorism financing startup raised an oversubscribed US$6.2 million in the round, with OTB Ventures and Wavemaker Partners also participating.
The capital will be directed at new hires, with plans to double its 50-strong global headcount by the end of Q1 2020.
Read more on Finextra.
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