Insights
Data Republic website
Published
Share

ABN AMRO invests in ThetaRay

The Dutch bank made the investment in the Israeli crime detection firm for an undisclosed amount from its Digital Impact Fund. ThetaRay provides big data analytics in order to fight cybercrime in the financial industry and operational failures.

ABN AMRO has made fighting AML, terrorist financing, and human trafficking priorities as of late.

Hugo Bongers, who acts as Director of ABN AMRO’s Digital Impact Fund, states that “Our investment in ThetaRay strengthens the current operational relationship between the bank and ThetaRay”. The investment in ThetaRay is the bank’s first in Israel.

To date, ThetaRay has raised over USD 60 million.

Share this Article
Related Insights
Featured
Dutch FinTech Map 2022
Make sure your company is on the map! Are you a member, or active in the Netherlands? Provide your details to be featured!
Amsterdam Fintech Week
Amsterdam FinTech Week is back on 9-16 September, fully in-person and online. Be a sponsor, co-organizer, or just participate at the summit or one of the countless side events.
AMLD5 Guide
A source for consulting PSD2 legislation coupled with commentary, tips & tricks, applicability, in collaboration with our member law firms.

How likely are you to recommend Holland FinTech?