Diligent AI, a London- and Berlin-based startup developing autonomous AI analysts for financial crime compliance, has raised €2.1 million ($2.5 million) in Seed funding to expand engineering capabilities and accelerate deployment across the UK and Europe.
The round was led by Speedinvest, with participation from Shapers and continued backing from Y Combinator. Additional investors included the founders and CEOs of N26, Allica Bank, IDnow, Billie, and Cybersource.
Founded in 2023 by Edoardo Maschio, former BCG consultant and investor at Rocket Internet, and Ahmed Gaber, former CTO of Billie, the company develops AI agents designed to automate complex compliance workflows such as AML screening, merchant due diligence, sanctions monitoring, and adverse media analysis.
Maschio said the platform is designed to remove repetitive investigative tasks from compliance teams so analysts can focus on judgment and strategic decision-making rather than manual data gathering.
According to Julien Lézé, FinTech investor at Speedinvest, rising fraud volumes and regulatory pressure are forcing financial institutions to adopt AI-driven compliance tools capable of scaling risk detection and investigation processes.
Featured image: Credit: Diligent AI
