Salv

Estonia - Tallinn, Harjumaa

• 27/01/2023
• Seed
• $4,348,000

Imagine a world without financial crime. A world where money is used to improve education and healthcare, and alleviate poverty all over the world. A world where money doesn’t fuel terrorism, human and drug trafficking, and illegal arms trade. At Salv, we're here to make that dream into a reality.

Even with Anti-Money Laundering (AML) practices in place, criminals find new ways to increase proceeds -- only around 1% of global money laundering is prevented each year. That is why Salv exists.

Founded by the people who built (Transfer)Wise and Skype's compliance, Salv is poised to revolutionise AML technology and solve financial crime all over the world.

Salv provides technology-powered solutions to help banks and money service providers detect and mitigate financial crime -- with the flexibility and speed needed to stay ahead of criminals.

Salv's core AML platform covers screening, monitoring, and risk assessment to detect criminal behaviour, streamline internal processes, and leave clear audit trails for regulators. Salv adjusts its algorithms to meet every organisation’s needs and detect potentially risky behaviour in time to act.

In addition, Salv's groundbreaking AML Bridge platform is the first of its kind in the world --connecting unrelated banks in a network to enable them to share financial intelligence and save time.

Find out more about all of our products at https://salv.com/product/

Related People

Taavi TamkiviFounder

Estonia - ND

Salv is an AML platform built by the creators of TransferWise & Skype's compliance. Salv gives companies the flexibility and speed they need to get ahead of financial criminals.

Only 1-2% of global money laundering is detected each year. Despite most banks and financial institutions being 100% compliant and spending millions of dollars on compliance.

They are still faced with the growing issue - they fail to catch the majority of criminals. 99% of the bad guys still get away. The drug traffickers, arm dealers, terrorist and so on. As a result, millions of people around the world are cheated out of good lives.

It’s time to change that.

At Salv, we believe that smartly-built technology can finally help the good guys get ahead. We have a plan to help banks get back to fighting crime.

With Salv technology financial institutions can find their riskiest accounts faster because there are at least 10x fewer good customers caught up accidentally in the process. The end result is they’re able to catch far more crime, faster.

Salv flexible AML platform is the new standard in crime fighting.

LinkedIn https://www.linkedin.com/in/anti-money-laundering/