Acuminor raised SEK 19 million from Edastra and Zenith Group

Acuminor, a Stockholm, Sweden-based startup providing online services for risk assessments and actions against money laundering, secured a capital funding round closed at SEK 19 million ($2M).

The money was raised locally from Sweden, from investors including Zenith Group and Edastra.

Acuminor, founded in 2018 and led by CEO Martin Nordh, develops technology for managing regulatory requirements. The company says it is used by more than 750 companies in 13 different countries, including major international banks, gaming companies, law enforcement, real estate agents and payment service companies.