Flagright
The primary offering is an AI-driven platform for anti-money laundering (AML) compliance and fraud prevention, which includes features such as real-time transaction monitoring, case management, and dynamic risk assessment. It utilizes an API-driven architecture to improve risk detection and streamline compliance processes for financial institutions.
- Category: Compliance / Governance / Risk
- Location: Berlin, Berlin, Germany
- Founded: 2022-01-01
- Total funding: 7600000
- Website: https://flagright.com
Product & Features
- Shadow Rules allow testing of compliance rules in a risk-free environment alongside live rules.
- Users experience an 80% reduction in false positive alerts due to misconfigurations with Shadow Rules.
- Compliance teams can optimize rule configurations through iterative testing before going live, improving accuracy.
- Shadow Rules help ensure compliance with new regulations by allowing real-time testing of updated rules.
- The feature provides accurate hit statistics using actual transaction data without generating operational alerts.
- Shadow Rules mitigate risks associated with misconfigured rules, enhancing operational stability and compliance assurance.
- Financial institutions can refine their compliance frameworks with greater precision, reducing regulatory and reputational risks.
Notable Customers
- Betterment
- HitPay
- Banked
Founders & Team
- Madhu G. Nadig — CTO & Co-founder
- Baran Ozkan — Co-founder & CEO
Funding Rounds
- Series A — $12.5M (2026-07)
Recent News
- Powering Precision in Betterment’s Fraud Program | Flagright (2026-03)
- Betterment Case Study: Scaling Fraud Detection with Flagright (2026-03)
Investors
Integration partners
- Alloy
- Attio
- Copper
- Freshworks
- LexisNexis
- Microsoft (Other)
- Onfido
- Pipedrive
- Thomson Reuters
- Veriff
- Zoho (Other)
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Frequently Asked Questions
What is Flagright?
The primary offering is an AI-driven platform for anti-money laundering (AML) compliance and fraud prevention, which includes features such as real-time transaction monitoring, case management, and dynamic risk assessment. It utilizes an API-driven architecture to improve risk detection and…
What does Flagright do?
Shadow Rules allow testing of compliance rules in a risk-free environment alongside live rules. Users experience an 80% reduction in false positive alerts due to misconfigurations with Shadow Rules. Compliance teams can optimize rule configurations through iterative testing before going live, improving accuracy.
Who are Flagright's customers?
Flagright's customers include Betterment, HitPay, Banked.
Who founded Flagright?
Flagright was founded by Madhu G. Nadig and Baran Ozkan.
How much funding has Flagright raised?
Flagright has raised 7600000 across 1 funding round.
Who are Flagright's investors?
Flagright's investors include Frontline Ventures, Infinity Ventures, Sella, Y Combinator.