Acin is a market-defining fintech company that is on a mission to make banks safer and transform the financial industry’s approach to non-financial risk, through the use of data.Acin, the British data firm helping firms calculate their non-financial risk, just raised $12 million in a Series A funding round backed by Fitch Ventures, the investment arm of the major credit rating agency.Non-financial risk, covering everything from regulatory requirements through to cybersecurity, has become an increasingly important point of focus for financial institutions, cited in recent reports published by McKinsey and Deloitte.
$12M • 2020 • Series A
The infusion of this investment serves as a catalyst for Acin, bolstering their mission to aid organizations in precisely evaluating and mitigating non-financial risks.
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