202405 Mar

Copenhagen-based Meo secures €1.67 million for expansion of its anti-money-laundering platform

Summary

“We continue to see a growing demand for our platform and constantly hear about more companies looking for a comprehensive compliance solution allowing end-users to verify their identity easily and securely across businesses,” said Christian Visti Larsen, Founder at Meo. The company has also created an entire ecosystem of verification, enrichment APIs and trusted communication channels through partners such as CreditSafe, Danish e-Boks, Thales Group and Swedish BankID. “Meo has created a compelling and easy-to-use platform in a complex environment – marrying great technical ability and first-hand industry expertise,” commented Oliver Enevoldsen, Investment Manager at Gilion. And as they’re ready to expedite growth and expand their pool of customers in Europe, we are pleased to be able to help finance the company’s next chapter.” Meo is no stranger when it comes to ramping up supporters for their mission. Meo operates in a field that requires more and more attention, and we believe that the company has an important role to play in the future,” added Jakob Ellehauge Sode, Senior Portfolio Manager at EIFO.

Source: Eu-startups

Funding

$1.82M
Amount
Mar 05 2024
Date
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Investor
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Company

Classifications

Companies