Tookitaki Secures Investment to Lead Anti-Financial Crime Innovations in Asia

True Global Ventures has invested in Tookitaki to aid its expansion across Asia. This funding at its 10-year mark will enhance Tookitaki’s advanced anti-financial crime solutions amidst increasing regulatory challenges. The investment will empower Tookitaki’s mission to combat financial crimes using AI-driven platforms.

True Global Ventures (TGV) Opportunity Fund, a renowned venture capital firm in transformative tech, has strategically invested in Tookitaki, a leading anti-financial crime software provider. The investment is aimed at propelling Tookitaki's expansion and innovation across Asian markets to meet burgeoning regulatory demands.

This financial boost coincides with Tookitaki's 10-year milestone, reinforcing its commitment to deliver advanced anti-money laundering (AML) and fraud prevention solutions. For over a decade, Tookitaki has monitored billions of transactions, positioning itself as a pivotal player amid tightening compliance standards in Asia.

Beatrice Lion, General Partner at TGV, expressed confidence in Tookitaki's ability to revolutionize financial crime prevention. Founder and CEO Abhishek Chatterjee hailed the partnership as timely for elevating their FinCense and AFC Ecosystem platforms, leveraging TGV's proficiency to combat evolving threats.

(With inputs from agencies.)