Tue, Oct 15 2024
Recently, Flagright and Cleva, a FinTech platform devoted to revolutionizing financial services for Africans, announced a major cooperation.
These two Y Combinator alumni's partnership demonstrates their dedication to using cutting edge technology to empower people and provide them with financial security.
This partnership's main goal is to transform the financial services industry by integrating Flagright's cutting-edge AML and fraud prevention technology into Cleva's platform. By satisfying the changing needs of both enterprises and customers, this integration seeks to establish a new standard for simplicity and security in financial services.
With its AI-native, user-friendly, no-code interface, Flagright is a leader in AML compliance and fraud protection solutions. With the use of this technology, companies can easily incorporate complete fraud prevention and AML compliance measures while maintaining the confidentiality of transactions and personal data.
However, Cleva is renowned for its user-friendly platform that provides African businesses and freelancers with USD banking. Cleva is making great progress toward its goal by incorporating Flagright's technology, strengthening its capacity to safeguard consumer transactions and promote platform confidence.
The collaboration is evidence of the two businesses' common goal of improving the accessibility and security of financial transactions. It is a major step forward for Flagright in promoting creative financial solutions and a turning point for Cleva in reinventing financial services.
Co-founder and CEO of Cleva Tolu Alabi emphasized her excitement about the partnership, saying, "Clave's partnership with Flagright is a critical step in our mission to reimagine financial services. We have a fundamental conviction in the ability of technology to address difficult challenges as fellow YC alumni. Modern security solutions from Flagright will significantly improve our capacity to safeguard consumer transactions and private data, recognize odd activity with intelligence, and promote platform confidence.
Baran Ozkan, Flagright's co-founder and CEO, echoed her feelings when he said, "We are excited to collaborate with Cleva, a fellow YC firm, on their mission to revolutionize financial services. Our cooperation is evidence of our common goal of improving the security and usability of financial transactions. With our strong security protocols, we are eager to back Cleva's creative strategy and help create a more secure and effective financial environment.
Leave a Comment