Bretton AI Completes $75 Million Series B Funding Round Led by Sapphire Ventures

Odaily News: AI financial compliance startup Bretton AI announced the completion of a $75 million Series B funding round, led by Sapphire Ventures, with participation from Greylock, Thomson Reuters Ventures, and Citi Ventures. The company was founded by Will Lawrence, a former member of the compliance team at stablecoin infrastructure company Paxos. Its current clients are primarily fintech service companies, including fintech startups such as Mercury, Ramp, Robinhood, and Coinbase, as well as some community regional banks, assisting them in achieving anti-money laundering (AML) and customer due diligence (KYC) compliant operations. (Fortune)