Lucinity secured $2M from Crowberry Capital, Preceptor Capital and angel investors.

Iceland Investments 06 June 2019
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Lucinity, a Reykjavik, Iceland-based company developing a software solution helping financial companies prevent and detect money laundering, announced that it completed a $2M capital investment round.

The money round was led by Crowberry Capital and included Preceptor Capital and international angel investors.

Lucinity, founded in 2018 and led by CEO Guðmundur Kristjánsson, aims to solve the current gap in the anti-money laundering monitoring market by using software to detec suspicious behavior patterns with a surveillance cloud solution.