Salv Raises €3.9 Million in Funding

Salv Raises €3.9 Million in Funding

Salv, a Tallinn, Estonia-based regtech startup, has secured an additional €3.9 million in funding, bringing its total raised capital to €12.1 million.

The company will use the new funding to support its expansion efforts in the UK, where it aims to combat financial crime, particularly APP fraud.

Salv is an Estonia-based SaaS platform that offers solutions such as anti-money laundering, fraud detection, and cybersecurity for the financial sector. Salv focuses on developing a real-time collaborative financial crime-fighting network, facilitating tactical information sharing for organizations across sectors and borders. The platform aims to empower compliance teams in combating financial fraud more effectively. With a particular focus on the UK market, Salv addresses the surge in Authorized Push Payment (APP) fraud through its collaborative investigations platform, Salv Bridge.

Funding Details

Company: Salv Technologies OÜ

Raised: €3.9M

Round: Unknown

Funding Month: December 2023

Investors: Undisclosed

Company Website: https://salv.com/

Software Category: Financial Crime Solutions