Hungary-based SEON has acquired anti-money-laundering company Complytron for $2.6M.

Hungary-based SEON has acquired anti-money-laundering company Complytron for $2.6M.  

The company claims the acquisition will let it avoid building its own AML databases.


  • SEON is an online fraud detection software company that provides features such as:
    • risk scores,
    • social media checkups,
    • financial fraud accounts,
    • device fingerprinting, etc.
  • SEON has raised around $107M since its inception in 2017.
  • Compyltron is a cybersecurity company that is also based in Hungary.
  • Compyltron is known for its AML tools that enable, for example, law enforcement agencies to search for specific people that are deemed necessary through advanced algorithms.
  • The company also offers fingerprint detection technology that will now be merged with SEON's software offering.

 

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