Tookitaki’s anti-financial crime technology garners investment for growth in key Asian markets

Tookitaki, a leader in anti-financial crime software, has recently secured a strategic investment from True Global Ventures (TGV) Opportunity Fund.

This significant financial backing comes as the company celebrates its 10-year anniversary and aims to further its influence across key Asian markets.

The investment was led by True Global Ventures, a global venture capital firm that focuses on transformative technologies. The firm’s capital infusion is poised to propel Tookitaki’s rapid expansion and continued innovation throughout Asia, a region facing escalating regulatory demands to curb sophisticated financial crimes.

Tookitaki specializes in developing advanced anti-financial crime solutions tailored for financial institutions. Its platforms are designed to tackle the complexities of anti-money laundering (AML) and fraud prevention regulations that are increasingly stringent in the region. The company boasts a track record of monitoring over 10 billion transactions involving more than 100 million consumers among its clients, underscoring the scale and effectiveness of its technology.

Beatrice Lion, General Partner at True Global Ventures, praised Tookitaki’s innovative approach, stating, “Our investment in Tookitaki reflects our confidence in their groundbreaking technology and unique ability to tackle financial crime across Asia’s key markets. As regulatory standards tighten and financial crime evolves, Tookitaki’s platforms provide scalable, AI-driven solutions for AML and fraud prevention that will help institutions stay ahead of these challenges. We are excited to support their journey of growth.”

Tookitaki’s Founder and CEO, Abhishek Chatterjee, also commented on the partnership. “We are thrilled to welcome True Global Ventures as we continue our growth trajectory.

This partnership comes at a pivotal time for Tookitaki, allowing us to expand our reach in key Asian markets and further enhance our FinCense and AFC Ecosystem platforms.

“TGV’s deep expertise in scaling technology businesses globally will be invaluable as we continue to empower financial institutions with the tools they need to effectively combat financial crime. We’re excited for the next phase of this journey.”