antimoney

Nigeria’s Youverify raises $2.5M to enhance anti-money laundering compliance

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Youverify, a Nigerian provider of identity verification and anti-money laundering (AML) solutions for banks and startups, secured a $2.5 million investment from Elm, which specializes in offering ready-made and customized digital solutions to public and private institutions in Saudi Arabia. The pre-Series A investment from Elm also includes a strategic partnership to help Youverify streamline … Read more

India’s anti-money laundering agency finds $1 billion violation at Byju’s

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India’s Enforcement Directorate, its anti-money laundering agency, has found that Byju’s violated the nation’s foreign exchange law to the tune of $1.08 billion, a person familiar with the matter told TechCrunch. The findings, which ED plans to make public as early as Tuesday, follows the agency searching the premises of Byju’s and its founder Byju … Read more