Diligent AI raises $2.5M to support KYC and AML teams with AI agents
London-based Diligent AI has secured $2.5 million in seed funding to enhance its AI-driven solutions for Know Your Customer (KYC) and Anti-Money Laundering (AML) processes. This investment, led by Speedinvest and supported by Shapers and angel investors from prominent fintech firms, will bolster the company's efforts in combating financial crime through advanced AI agents. Diligent AI's platform employs autonomous AI analysts designed to automate repetitive and time-intensive tasks within KYC and AML workflows. These agents are capable of reading, reasoning, and investigating, thereby significantly reducing the manual effort required for activities like reviewing risk profiles, analyzing adverse media, and resolving screening alerts. The technology aims to free up skilled professionals to focus on strategic decision-making rather than data processing. The company's solution is particularly relevant given the increasing operational burden on financial crime compliance teams, driven by expanding sanctions regimes, rising fraud levels, and the speed of digital payments. By automating these core functions, Diligent AI helps financial institutions reduce operational costs, improve risk detection, and ensure greater decision consistency across their compliance operations. Diligent AI plans to leverage this funding to expand its engineering team and accelerate the deployment of its agents across the UK and Europe.
Curated and translated by Europe Digital for our multilingual European audience.
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