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Find out moreElucidate GmbH overview
Elucidate is an independent ratings agency for financial crime risk. The startup makes it simple to score, manage and price FinCrime risk through the Elucidate FinCrime Index (EFI), an automated platform for financial crime risk management developed in partnership with global correspondent banks.
The proprietary risk model uses available data - including but not limited to employee data, transactions, sanction screening, and customer data - to score financial crime risk across a range of risk themes. Risk themes include employee conduct, bribery and corruption, organisation reputation, products and channels, and customer portfolio, amongst others.
Elucidate raised a €2.5m Seed round from Seed X Liechtenstein. in June 2020. The startup stated it would use the funding to further develop its FinCrime Index.
Map showing the location of Elucidate GmbH
Berlin,
Germany
Key people
Elena Delbianca
Head of Finance and Strategy
Katarzyna Malolepszy
Head of Product
Shane Riedel
Founder and CEO
Jeannette Lichner
Board Chair
Iole Neviani
General Counsel
Filipe Garcia
Founder and CTO
Ashish Bhatia
Advisory Board Member
Ben Arber
business development and partnerships
