Singapore
Silent Eight, founded in 2013 and headquartered in Singapore, is an innovative AI technology company revolutionizing the landscape of financial crime compliance. Their mission is encapsulated in their slogan: "Empowering financial institutions to identify and manage AML risks."
The company's cutting-edge, AI-driven solutions focus on crucial areas such as Automated Alert Adjudication, Name Screening, Transaction Screening, Transaction Monitoring, and Case Management. These tools equip leading financial institutions to efficiently manage anti-money laundering (AML), counter-terrorism financing (CFT), and sanctions compliance across over 150 markets.
Silent Eight secured a substantial $40.00M Series B investment on 1 March 2022, with backing from prominent investors such as HSBC, SC Ventures, Wavemaker, OTB Ventures, TYH Ventures, Boon Hwee Koh, and Aglaia. This funding emphasizes confidence in their transformative approach and global expansion capabilities.
