Diligent AI, a company developing artificial intelligence agents for financial crime compliance operations, announced that it raised $2.5 million (about €2.1 million) in funding. The round was led by Speedinvest and Shapers, with continued participation from Y Combinator and angel investors, including founders and executives from Allica Bank, N26, CyberSource (Visa), IDnow, Billie, and other fintech companies.
Founded to modernize compliance operations, Diligent AI builds autonomous AI agents designed to automate routine workflows associated with know your customer (KYC) and anti-money laundering (AML) processes. These agents handle tasks such as merchant and small business onboarding risk reviews, adverse media investigations, and payment sanctions alert remediation.
The company said frontline compliance teams face mounting pressure due to the growth of digital payments, expanding sanctions regimes, and increasing fraud and scams. According to the announcement, analysts often spend significant time on repetitive data gathering and procedural checks rather than on deeper investigative work.
Diligent AI’s platform aims to automate those repetitive processes so compliance teams can focus on higher-value analysis and decision-making. The company said its AI agents can read, reason, and analyze compliance data to complete KYC and AML workflows end to end.
The company said its technology has already been deployed across publicly listed payment companies, banks, and global fintech firms in North America, Europe, the Middle East, and Japan. Customers mentioned in the announcement include Flywire, Allica Bank, Teya, and Digital Garage.
With the new funding, Diligent AI plans to expand its product capabilities by launching additional AI agents designed for new compliance task categories. The company also plans to strengthen its existing platform and expand its go-to-market team to support customers globally.
KEY QUOTES:
“Diligent AI significantly reduced our onboarding workflows and eliminated repetitive tasks for our team, supporting the quality of our processes by making them consistent and auditable.”
Maureen Gorman, Head Of Global Operations At Alma
“Diligent AI agents helped us slash our risk review times significantly, but more importantly, helped us build a stronger and more systematic approach to risk detection.”
Karan Khanna, Fraud Strategy Manager At Tamara
