Lextegrity: Raises Additional $5M in Funding

Lextegrity Raises Additional $5M in Funding

  • Lextegrity Inc., a Chicago, IL-based compliance risk automation and analytics software company, closed a $5m funding round
  • Backers included existing investor Prescott General Partners
  • The round brought total external funding to date to $8.2m
  • The company intends to use the funds to expand its global customer base and go-to-market capability and drive the development of its platform
  • The company provides the Integrity Gateway platform, which enables organizations to prevent and detect fraud, corruption, sanctions violations and conflicts of interest
  • Customers include Fortune 500 companies such as Alexion and Halliburton
Steve Sam
Steve Sam
Steve Sam is a financial reporter, analyst, and commentator with a strong focus on banking technology, digital payments, and the future of financial services.

You May Also Like

Brink’s Strengthens Position with $6.6B NCR Acquisition

Brink's expands its services through strategic acquisition of NCR's Atleos.Highlights: Brink's acquires NCR Atleos for $6.6 billion.The deal...

Barclays Strengthens Blockchain Payments Platform Discussions

Bank explores blockchain vendors for enhanced payment solutions.Highlights: Barclays explores blockchain technology for payments.Bank engages with various vendors...

Lloyds Tightens Bank Account Opening Process in Branches

The bank limits account openings amidst ongoing service updates.Highlights: Lloyds will restrict opening some bank accounts in branches.The...

Jack Dorsey’s Block to Lay Off 4,000 Employees as AI Era Advances

Significant workforce reduction reflects shifts in technology focus.Highlights: Block announces 4,000 layoffs amid evolving AI landscape.The decision comes...