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Orrick - 1 It's - 1 Marit Rødevand - 1 Rødevand - 1 Atomico - 1 Camilla Giesecke - 1 Riya Grover - 1
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☆ Norwegian AI startup Strise helps banks tackle financial crime. It just raised a $10.8 million Series A round with this 8-slide pitch deck.
  + stars: | 2023-09-06 | by ( Callum Burroughs | ) www.businessinsider.com   time to read: +2 min
Norwegian AI startup Strise has raised $10.8 million in Series A funding. Strise will use the funding to expand its operations to the UK, where it plans to open an office. Strise, an AI startup that helps businesses deal with anti-money laundering (AML) and compliance issues, has raised $10.8 million in funding. Strise's Series A funding round was led by Atomico, with participation from existing investors including Maki.vc plus angels like Camilla Giesecke, COO at Klarna, and Riya Grover, CEO at Sequence. Check out Strise's Series A pitch deck below:
Persons: Orrick, It's, Marit Rødevand, Rødevand, Atomico, Camilla Giesecke, Riya Grover Locations: Oslo, Norwegian
☆ Andreessen Horowitz and Benchmark have piled into the burgeoning FinOps sector. Now, European startups are racing to become the region's early leader.
  + stars: | 2022-09-26 | by ( Callum Burroughs | ) www.businessinsider.com   time to read: +4 min
European startups like Sequence and Numeral want to establish themselves as the region's leaders. In March, the valuation of Californian startup Modern Treasury spiked to $2 billion as it established itself as an early leader in the burgeoning FinOps sector. In Europe, FinOps startups have captured the attention of a wealth of venture capital firms hoping to be an early backer in the region's own Modern Treasury. The US payments market is notoriously fragmented with some 5,000 banks and no universal real-time settlements platform. Indeed, investment into European startups plummeted by 38% in the second quarter of the year to $23.7 billion, according to Crunchbase data.
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