Salv: Raised €1,5M to expand AML Bridge pilot to several European countries

  • Salv recently introduced its pilot program AML Bridge in Estonia
  • The pilot comes in cooperation with four of Estonia’s largest banks – LHV, Luminor, SEB Estonia and Swedbank Estonia
  • Expanding the AML Bridge enables to draw extensive conclusions that not limited to one particular jurisdiction
  • Estonian Ministry of Finance looking forward to seeing the results of the current pilot project
  • The AML Bridge pilot project based on PET technology one that has the potential to be successful both in Estonia and more widely across Europe
  • Salv has raised more than €3,2M in venture capital investments. The investors include Fly Ventures, Passion Capital, Seedcamp, Superangel
Laura M
Laura M
Laura is a financial reporter, editor, and researcher with a particular interest in fintech innovation, capital markets, and the evolving global banking landscape.

You May Also Like

ICE Launches Reddit Signals Tool to Strengthen Investor Insights

Interactive tool analyzes Reddit posts for market sentiment trends.Highlights: ICE unveils Reddit Signals, enhancing investor insights.The tool analyzes...

EPC Boosts Security with RFI for Fraud Information Sharing Platform

European Payments Council seeks innovative solutions for fraud prevention.Highlights: EPC issues RFI for a new fraud information sharing...

EPC Launches RFI for Fraud Information Sharing Platform

Aiming to enhance collaboration in the fight against financial fraud.Highlights: EPC issues a Request for Information for a...

Movitz Strengthens Global Verification of Payee for EU Banks with JPMorgan Kinexys

Innovative partnership aims to enhance payment security across Europe.Highlights: Movitz partners with JPMorgan Kinexys for enhanced payment security.New...