FNA develops a network analytics platform that leverages AI and machine learning to help financial institutions map and monitor complex financial systems and simulate operational and financial risks. Its product is used to plan for network changes, improve operational efficiency and identify and mitigate risks such as operational bottlenecks, concentration and liquidity risks. The company works with global regulators to manage systemic risk, with exchanges to understand risk concentrations and simulate operational risks, and with payments platforms and banks to optimize liquidity and manage financial crime risks. FNA was founded in 2013 and is led by CEO Dr Kimmo Soramäki. The company intends to use the Series A proceeds to further invest in its core technology and to enhance its deep academic partnerships. Due to continued client growth, FNA plans to build on its global presence, particularly in the US and Asia Pacific, and to expand beyond its existing client base of central banks, regulators and FMIs.

Total raised

$6M

Funding rounds

1

Latest round

Series A

Latest activity

Aug 2019