Resistant AI, out of Czechia, tackles fincrime and fraud prevention with new €21 million

Prague-based Resistant AI, a provider of AI models for financial crime and fraud prevention, has secured €21 million in Series B funding. This investment, led by DTCP with participation from existing investors, will enable the company to expand its document fraud detection and transaction monitoring offerings, as well as build out its threat intelligence capabilities. The company's focus is on using AI to combat increasingly sophisticated financial crimes. Resistant AI's new funding round is part of a larger trend of investment in European AI-driven FinTech and RegTech. The company's Series B round is comparable to other recent investments in the sector, with other companies raising amounts in the €2.5 million to €25 million range. These other companies focus on similar topics, such as AI-powered wealth tools, AI-native infrastructure, and financial analytics. This funding highlights the growing importance of AI in enhancing financial security and compliance. Resistant AI's focus on fraud and transaction monitoring models demonstrates the maturation of the European RegTech segment. The company's near-term path to profitability further positions it to protect the global financial system against AI-powered threats.