FinCrime Dynamics, a UK-based FinTech specialising in criminal behavioural intelligence and data-driven solutions, has secured seed funding to advance its AI-powered platform.
The investment round was led by Oxford Capital, with participation from Twin Path Ventures and Syndicate Room. The funding also received support from angel investors, including Robert Sansom, and new backers like Ascension.
FinCrime Dynamics has developed a proprietary platform, Synthetizor, which enables financial institutions to simulate complex fraudulent behaviours and generate synthetic data. By creating actionable datasets, the company addresses a significant challenge in training AI models due to strict privacy regulations like GDPR. This allows banks and financial services firms to test and refine their fraud detection systems without compromising real-world data integrity.
Richard Oakley, senior investment manager for Oxford Capital, highlighted the significance of the investment, stating, “Financial crime is evolving every day, especially with the increasing adoption of generative AI by criminals, and it is technology solutions such as FinCrime Dynamics that are the key to staying ahead of it. We’re proud to support this innovative work.”
Stephen Quick, CEO and co-founder of FinCrime Dynamics, expressed his enthusiasm, saying, “FinCrime Dynamics is delighted to now announce our latest fundraise.
“Finding the right investor fit is an incredibly important long-term partnership for any venture. FinCrime Dynamics has always been extremely fortunate to attract a high calibre of investors. We are pleased to have received further support from the team at Twin Path Ventures and from longstanding angel supporters such as Robert Sansom as part of this new round of funding.”
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