Flagright

Flagright

AI-powered transaction monitoring for financial institutions

About Flagright

Simplify's Rating
Why Flagright is rated
B
Rated B on Competitive Edge
Rated A on Growth Potential
Rated C on Differentiation

Industries

Data & Analytics

Enterprise Software

Fintech

Financial Services

Company Size

11-50

Company Stage

Seed

Total Funding

$7.6M

Headquarters

San Jose, California

Founded

2022

Overview

Company Does Not Provide H1B Sponsorship

Flagright offers an AI-native, end-to-end platform for detecting, investigating, and reporting financial crime. It combines real-time monitoring, a no-code scenario builder, AML screening linked to sanctions, dynamic risk scoring, and centralized case management. An AI Forensics suite supports screening, monitoring, QA, and governance to improve efficiency and accuracy. The goal is to help financial institutions scale compliance, reduce false positives, and maintain strong controls across six continents.

YC Company
Simplify Jobs

Simplify's Take

What believers are saying

  • G2 ranked best AML compliance software 2025; Chartis best FinCrime platform recognition.
  • Customers report 93% false positive reduction, 80% cost savings, 27% operational error drop.
  • Rapid expansion: 30+ countries, 50+ customers, new offices in London, New York, San Francisco.

What critics are saying

  • NICE Actimize and SymphonyAI leverage superior LSEG/Dow Jones partnerships, eroding market share.
  • EU AI Act enforcement threatens €35M fines for insufficient explainability in risk scoring.
  • ThetaRay's graph-based monitoring 3x faster threatens APAC client retention like KPay, OnePay.

What makes Flagright unique

  • AI Forensics suite automates screening, monitoring, QA, and governance with 90% productivity boost.
  • No-code platform enables compliance teams to build custom rules in minutes without engineers.
  • Unified platform consolidates detection, investigation, and SAR filing across 70+ jurisdictions.

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Funding

Total Funding

$7.6M

Above

Industry Average

Funded Over

2 Rounds

Notable Investors:
Seed funding is usually the first official round after pre-seed, when a startup has a prototype or concept. It’s typically used to develop the product, test the market, and start building the team. Investors here are often angel investors or early-stage venture capitalists.
Seed Funding Comparison
Above Average

Industry standards

$3.3M
$2M
Netflix
$2.3M
Instacart
$3M
Robinhood
$4.3M
Flagright

Benefits

Company Equity

Remote Work Options

Paid Vacation

Performance Bonus

Professional Development Budget

Growth & Insights and Company News

Headcount

6 month growth

0%

1 year growth

2%

2 year growth

-6%
The Associated Press
Feb 23rd, 2026
Flagright's no-code platform cuts false positives by 60% across 30+ countries

Flagright, an AI-native financial crime compliance platform, has announced the global expansion of its no-code transaction monitoring solution, now serving regulated fintechs and banks in over 30 countries. The platform was recognised by G2 as the best AML compliance software of 2025. The solution enables compliance teams to build and deploy custom monitoring rules without coding, supporting real-time and post-transaction monitoring with 99.998% uptime and 440ms average API response time. Customers report a 60% reduction in false positive alerts and 50% fewer resources required for transaction reviews. The platform serves clients including GoCardless, Betterment and Xendit across six continents. Flagright has been recognised by Chartis as the best FinCrime and Compliance platform and awarded by Singapore's Monetary Authority for leadership in AI for financial crime compliance.

FinTech Global
Nov 10th, 2025
Dots selects Flagright to strengthen global compliance

Dots selects Flagright to strengthen global compliance. Dots has partnered with Flagright to strengthen its AML and fraud controls across global payouts. The partnership brings together two Y Combinator-backed companies focused on enabling fast, compliant financial infrastructure at scale. The collaboration will see Flagright's real-time transaction monitoring, case management, and dynamic risk-scoring tools deployed across Dots' global payout infrastructure. The goal is to enhance visibility, security, and operational efficiency as Dots expands its payment rails and global footprint. Dots provides payment infrastructure for marketplaces to accept payments, onboard sellers, and send payouts in over 150 currencies via multiple payment rails, including ACH/RTP in the U.S., SEPA in Europe, UPI in India, and M-PESA in Kenya. As the company scales programmable payouts for the next generation of earners, the need for a modern and configurable compliance stack has become essential to maintaining speed, trust, and auditability. Flagright delivers real-time AML compliance, transaction monitoring, and risk management solutions through an API-first, no-code platform. Its technology allows financial institutions and FinTechs to detect risks, manage investigations, and adapt risk models instantly across multiple geographies and transaction types. Through the integration, Dots' compliance and operations teams will gain the ability to detect risks in real time across high-volume global payouts. They can configure rules and typologies in minutes, dynamically score customers and counterparties, and streamline investigations using unified dashboards, collaborative workflows, and end-to-end audit trails. Ashton Simmons, general counsel & chief compliance officer at Dots, said, "Our payouts platform moves money across many rails and regions, so we need speed and control in one place. Flagright gives our team no-code scenario configuration, dynamic counterparty and transaction risk scoring, and an investigation workspace with complete audit trails. We can tailor typologies by rail and geography, act on risks in real time, and document every decision." Dots CEO & co-founder Sahil Hasan said, "Dots' mission is to make payouts easy for marketplaces while keeping user trust front and centre. Flagright's API-first platform fits how we build. It lets us scale responsibly as we add rails and countries, while keeping our teams fast, our operations efficient, and our compliance posture strong." Madhu G Nadig, co-founder & CTO of Flagright, said, "We're thrilled to partner with another Y Combinator-backed company building core payments infrastructure. Dots can stay focused on a great payout experience while Flagright provides real-time AML, risk scoring, and investigations, all delivered with the industry's fastest two-week integration." Last week, Flagright partnered with Webull, an online investment platform, to enhance Webull's AML framework and real-time risk detection capabilities.

Fintech News Singapore
Nov 4th, 2025
KPay Partners with Flagright for Real-Time Payments Risk Monitoring

KPay partners with Flagright for real-time payments risk monitoring. KPay has partnered with Flagright to automate risk detection and enhance AML controls across its payments platform. The partnership will see KPay adopt Flagright's AI-native, no-code compliance platform to monitor transactions in real time and use AI forensics to trace complex transaction trails. The move strengthens oversight across KPay's pay-in and pay-out network. KPay provides payment services for merchants, including smart POS and QR payments, payment links, gateways, and business accounts for SMEs that support express settlements and cross-border transfers. The company's business account also offers express T+0 settlement and streamlined supplier payments. "We were looking for speed, accuracy, and auditability in one solution. With Flagright we can configure rules quickly, automate our customer risk profiles, streamline investigations with AI forensics, and document decisions end-to-end." said Alan Wong, Director of Risk and Compliance at KPay. "We are excited to support KPay as they power payments for businesses across APAC. Together we will safeguard every transaction with modern, efficient financial crime controls." said Baran Ozkan, Co-founder and CEO of Flagright.

FX News Group
Oct 28th, 2025
Webull selects Flagright transaction monitoring and AML compliance solution

Webull selects Flagright transaction monitoring and AML compliance solution. Flagright, the AI-native, no-code platform for transaction monitoring and AML compliance, has announced that it has welcomed online investment platform Webull as its newest client. Webull will utilize Flagright's AI-native transaction monitoring and AML compliance solutions - including AML screening, customer risk scoring, case management, and AI forensics - to further strengthen the AML framework. Damarizz Medina, Chief Compliance Officer at Webull Pay said, "Protecting our users and meeting regulatory expectations are core priorities for Webull. Flagright gives us real-time visibility across our payment and trading flows, with unified case management and analytics that help us move quickly and stay audit ready." Flagright will help Webull detect risks before they escalate into threats. Their team can monitor activity across wallets, cards, cash management, and trading flows in real time; configuring rules within minutes; screen counterparties; automatically score risks, and manage investigations end to end - all within a single no-code workspace. Stephen Yip, CEO of Webull Pay said, "As we expand into payments and treasury solutions, we need compliance infrastructure that scales with us. Flagright's AI-native platform provides the monitoring, screening, and risk scoring capabilities we need without requiring a heavy engineering lift." Madhu G Nadig, Co-founder and CTO of Flagright said, "Webull is building a comprehensive money platform, and we are excited to provide the compliance backbone for that growth. By unifying detection, screening, risk scoring, and investigations, Webull can scale with confidence." About Flagright. Flagright is an AI-native, no-code platform for transaction monitoring and AML compliance. It enables financial institutions to centralize detection, investigation, and reporting of suspicious activity, streamlining regulatory workflows and strengthening financial crime controls. By replacing fragmented systems, Flagright helps reduce false positives by 93% and lower compliance costs by 80%, setting the modern standard for financial crime compliance. About Webull. Webull Corporation (NASDAQ:BULL) owns and operates Webull, a leading digital investment platform built on next-generation global infrastructure. Through its global network of licensed brokerages, Webull offers investment services in 14 markets across North America, Asia Pacific, Europe, and Latin America. Webull serves more than 24 million registered users globally, providing retail investors with 24/7 access to global financial markets. Users can put investment strategies to work by trading global stocks, ETFs, options, futures, fractional shares, and digital assets through Webull's trading platform, which seamlessly integrates market data and information, its user community, and investor education resources. Learn more at www.webullcorp.com.

FF News
Sep 29th, 2025
Sendby Selects Flagright to Strengthen Transaction Monitoring & AML Compliance for Migrant Remittances

Sendby has selected Flagright's AI-native transaction monitoring and AML compliance solutions to bolster its compliance framework as it prepares to revolutionize remittances for migrant workers worldwide.

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