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Lynx raises £15m Series A funding to fight fraud and financial crime

  • Funding News: Fintech firm Lynx secures £15 million in Series A funding.
  • Investors: Funding round led by Forgepoint Capital, with participation from Banco Santander.
  • Technology Focus: Lynx, founded by Carlos Santa Cruz, uses AI and machine learning to detect and prevent financial crime and fraud.
  • Clientele: Lynx serves financial institutions globally, including Banco Santander and Cielo in Brazil.
  • Scale of Operations: Lynx’s solution processes 58 billion transactions, protecting 300 million bank customers annually.
  • Expansion Plans: The funding will support Lynx’s global expansion efforts and enhance its fraud and AML platform for improved risk visibility and operational efficiency.
  • Leadership Change: Dan Dica appointed as the new CEO, bringing over two decades of experience in fraud prevention, AML, and digital identity sectors.

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