Flagright Collaborates with SALT to Enhance Financial Security for SMEs in India & Asia

  • RegTech
  • 26.02.2024 10:10 am

Flagright, a leader in AI-native Anti-Money Laundering (AML) compliance and fraud prevention solutions, is thrilled to announce its partnership with SALT, a pioneering financial platform designed to empower SMEs in India & Asia. This collaboration is a testament to the shared Y Combinator heritage, underlining both companies' commitment to leveraging technology for financial security and innovation.

SALT, recognized for its unique approach to providing SMEs with the financial tools they need to thrive, is set to integrate Flagright's advanced AML and fraud prevention technologies. This strategic move will bolster SALT's capabilities in offering secure, efficient, and innovative financial services to Indian & Asian businesses.

Ankit Parasher, Co-Founder at SALT, shared his enthusiasm about the partnership: "Joining forces with Flagright, a fellow YC alumni, is a significant milestone for SALT. It strengthens our mission to support SMEs with not just financial solutions but also unparalleled security. Flagright's technology will play a crucial role in protecting our platform and our customers from financial crimes, ensuring that SMEs can operate with confidence and security."

Flagright's sophisticated AI technology and intuitive, no-code interface will enable SALT to seamlessly integrate comprehensive compliance and fraud prevention measures, further securing the financial transactions of SMEs in the region. This partnership highlights the dedication of both companies to improving financial security and fostering innovation within the SME sector.

Baran Ozkan, Co-founder and CEO of Flagright commented on the collaboration, stating, "We are excited to partner with SALT and support their mission to empower SMEs. Our shared background as YC alumni strengthens our collaboration, as we both understand the importance of innovation and security in scaling businesses. We are eager to contribute to SALT's success with our robust security solutions."

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