Coinfirm provides a risk management platform for crypto assets that risk-scores entities, addresses and transactions to protect fintechs from ransomware, human trafficking, sanctions evasion and terrorist financing. The platform supports 1,500+ protocols and uses 330+ proprietary risk algorithms to meet stringent AML and regulatory requirements across CeFi and DeFi. Its customers include governments, financial institutions, custodians, payment providers, investment funds and exchanges. Led by newly appointed CEO Dr. Mircea Mihaescu, the company positions itself to power mass adoption of blockchain by enterprise and financial institution clients as well as crypto market participants. Coinfirm plans to use the financing to continue growth in the EU, expand its offering into Asian and US markets, and strengthen its enterprise and financial-institution product set. The company was founded in 2016 and is headquartered in London, retaining offices in Warsaw, Torun and Tokyo. Coinfirm provides a blockchain anti-money laundering (AML) and combating the financing of terrorism (CFT) risk and compliance platform designed to increase transparency and security of blockchain transactions. The platform addresses AML/CTF, sanctions screening, and counterparty risk-management challenges across cryptocurrency, banking and business intelligence use cases. Led by co-founder and CEO Pawel Kuskowski, Coinfirm develops services and features to support those compliance needs. The company raised $700K in a funding round led by Luma Ventures and has opened the round to additional investors. Coinfirm intends to use the capital to expand and further build services and features onto its platform.

Total raised

$9M

Funding rounds

2

Latest round

Series A

Latest activity

Sep 2021