Salv
Founded Year
2018Stage
Seed | AliveTotal Raised
$12.43MLast Raised
$4.25M | 9 mos agoMosaic Score The Mosaic Score is an algorithm that measures the overall financial health and market potential of private companies.
-9 points in the past 30 days
About Salv
Salv specializes in financial crime compliance solutions within the financial compliance sector. The company offers a suite of anti-money laundering products including transaction monitoring, customer risk scoring, and politically exposed persons and sanction screening. Salv's solutions are modular, allowing for tailored integration into existing compliance systems, and focusing on reducing manual tasks and false positives while facilitating collaborative investigations and data sharing. It was founded in 2018 and is based in Tallinn, Estonia.
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Salv's Product Videos
ESPs containing Salv
The ESP matrix leverages data and analyst insight to identify and rank leading companies in a given technology landscape.
The sanctions, politically exposed persons (PEP) & adverse media screening market revolves around solutions that help organizations identify and mitigate risks associated with high risk individuals or entities. Doing business with these parties can trigger scrutiny, investigations or fines from oversight bodies. Many solutions utilize technologies such as natural language processing (NLP) and AI- …
Salv named as Challenger among 15 other companies, including Oracle, FICO, and London Stock Exchange Group.
Salv's Products & Differentiators
AML Platform
AML Platform is a flexible one-stop-shop for fincrime prevention.
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Research containing Salv
Get data-driven expert analysis from the CB Insights Intelligence Unit.
CB Insights Intelligence Analysts have mentioned Salv in 1 CB Insights research brief, most recently on Dec 14, 2023.
Dec 14, 2023
Cross-border payments market mapExpert Collections containing Salv
Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.
Salv is included in 5 Expert Collections, including Regtech.
Regtech
1,653 items
Technology that addresses regulatory challenges and facilitates the delivery of compliance requirements. Regulatory technology helps companies and regulators address challenges ranging from compliance (e.g. AML/KYC) automation and improved risk management.
Payments
3,033 items
Companies in this collection provide technology that enables consumers and businesses to pay, collect, automate, and settle transfers of currency, both online and at the physical point-of-sale.
Cybersecurity
9,329 items
These companies protect organizations from digital threats.
Fintech
13,396 items
Excludes US-based companies
Digital Banking
763 items
Latest Salv News
Sep 17, 2024
Salv’s new e-book explores why collaboration is key in the battle against APP fraud September 17, 2024 A new e-book, co-created by Salv , Thistle Initiatives , and We Fight Fraud , offers a deep dive into the mechanics of APP (Authorised Push Payment) fraud, providing readers with a view from the victim’s perspective. The e-book, which can be downloaded here , covers a detailed criminal playbook based on actual victim accounts. It walks the reader through an end-to-end fraud scheme, with APP fraud being one of three major scams. By mapping out the tactics fraudsters use, the e-book provides invaluable insights into how financial institutions can better protect themselves and their customers. To help financial institutions safeguard their customers, the e-book also presents a wide range of solutions that cover processes, technology, and workforce strategies. These practical measures are designed to be easily implemented, ensuring a more robust defence against this increasingly sophisticated form of fraud. One of the e-book’s standout points is its emphasis on collaboration within the financial sector. The authors argue that only through working together can financial institutions trace stolen funds and return them to the rightful owners. The book underscores the importance of industry-wide cooperation in tackling fraud more effectively. In addition to outlining real-life fraud schemes, the e-book also compiles insights from 30 experienced financial crime professionals who attended a roundtable event. These experts provided valuable perspectives on the challenges and opportunities in fighting fraud, making the e-book a crucial resource for anyone involved in the fight against financial crime. The e-book comes at a time when the UK’s Payment Systems Regulator (PSR) is stepping up its efforts to combat APP fraud, which the e-book describes as a “millennium bug moment” for the financial industry. Just as with the Y2K problem, no one knows for sure how the situation will unfold, but the pressure to comply with new rules is mounting. APP fraud is now a major issue, and the industry must act quickly to respond. The e-book serves as both a warning and a call to action for the financial industry. As the PSR enforces new rules, all institutions must step up to ensure equal protection for customers, no matter where they bank. The levelling of the playing field marks a major shift in how we respond to fraud, and collaboration will be essential in facing this challenge. Download the e-book here . Copyright © 2024 FinTech Global
Salv Frequently Asked Questions (FAQ)
When was Salv founded?
Salv was founded in 2018.
Where is Salv's headquarters?
Salv's headquarters is located at Veerenni Street 38b, Tallinn.
What is Salv's latest funding round?
Salv's latest funding round is Seed.
How much did Salv raise?
Salv raised a total of $12.43M.
Who are the investors of Salv?
Investors of Salv include Passion Capital, ff Venture Capital, Giesecke+Devrient Ventures, Superangel, Seedcamp and 12 more.
Who are Salv's competitors?
Competitors of Salv include Hawk and 8 more.
What products does Salv offer?
Salv's products include AML Platform and 4 more.
Who are Salv's customers?
Customers of Salv include LHV, Juni and Montonio.
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Compare Salv to Competitors
ComplyAdvantage operates as a financial crime risk data and detection platform using artificial intelligence (AI). It offers a database of people and companies to help organizations identify risk events from structured and unstructured data points. It serves banks, insurance, payments, cryptocurrency, and more sectors. ComplyAdvantage was formerly known as Mimiro. The company was founded in 2014 and is based in London, United Kingdom.
Lucinity is a company focused on augmenting anti-money laundering (AML) compliance through artificial intelligence (AI) in the financial technology sector. The company offers a platform that provides AI-driven customer insights, transaction monitoring, regulatory reporting, and workflow management to help businesses manage compliance more efficiently. Lucinity primarily serves startups, scale-ups, enterprises, banks, and payment service providers. It was founded in 2018 and is based in Reykjavik, Iceland.
Sigma Ratings is an AI-driven risk intelligence platform that operates in the financial compliance and risk management sector. The company offers solutions for sanctions and watchlist screening, adverse media screening, perpetual KYC, AML investigations, enhanced due diligence, counterparty credit risk, and country risk ratings. Sigma Ratings primarily serves the financial services industry, helping organizations manage regulatory and reputational risks. It was founded in 2016 and is based in New York, New York.
ThetaRay provides an artificial intelligence (AI) powered transaction monitoring solution. It allows payment financial technology and banks to expand their business opportunities and grow revenues through cross-border and domestic payments. The company offers an AI-powered transaction monitoring system, Sound Navigation and Ranging (SONAR), which is designed to detect and prevent money laundering and other financial crimes. The company was founded in 2013 and is based in Hod Hasharon, Israel.
Flagright specializes in AML compliance and fraud prevention within the financial services industry. The company offers a suite of services including real-time transaction monitoring, case management, risk assessment, and merchant monitoring, all powered by AI technology on a no-code platform. Flagright's solutions cater to various sectors such as fintechs, banks, neobanks, cryptocurrency platforms, merchants, and the gaming industry. It was founded in 2021 and is based in Berlin, Germany.
Hawk specializes in anti-money laundering (AML) and counter-financing of terrorism (CFT) technology within the financial services industry. The company offers a suite of tools that leverage explainable artificial intelligence to enhance risk detection, streamline compliance, and reduce operational costs. Hawk's products are designed to screen payments, monitor transactions, and assess customer risk, ensuring adherence to global regulatory standards. It was founded in 2018 and is based in Munich, Germany.
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