# Tookitaki Holding Pte.

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/tookitaki-holding-pte

- Industry: Software
- Headquarters: Singapore, Singapore
- Website: www.tookitaki.com
- Total disclosed funding: $44M
- Latest round: Series B (Jan 25, 2022)
- Investors on record: 18

## About

Based in Singapore, Tookitaki develops AI-driven solutions to enhance compliance and risk management for financial institutions, particularly in the realms of anti-money laundering and fraud detection.Founded in 2012, Tookitaki Holding Pte. Ltd. specializes in AI solutions for financial compliance. The company is headquartered in Singapore. Co-founders Abhishek Chatterjee and Jeeta Bandopadhyay lead the organization. In April 2022, TTMFS Singapore Pte Ltd. acquired a majority stake in Tookitaki for USD 20 mn. The company has successfully closed 12 deals with a total funding amount of USD 22.979 mn, demonstrating its growth in the financial technology sector.Tookitaki offers an extensive range of AI-powered products focusing on anti-money laundering (AML) and fraud detection, with its flagship product FinCense delivering real-time fraud detection and customer analysis. The platform streamlines customer onboarding through automated prospect screening and enhances alert management using machine learning models. Their clientele includes traditional and digital banks, e-wallet providers, and lending institutions across Southeast Asia, North America, and Europe, addressing the challenges of compliance and financial crime prevention.For the fiscal year 2023, Tookitaki reported a revenue of USD 9.09 mn and an EBITDA of USD -2.31 mn, indicating the financial performance of its subscription-based model predominantly derived from its technology solutions.Tookitaki is focused on launching new products, enhancing its offerings for AML and fraud detection. The company aims to expand into new markets, particularly within Asia and Europe, by the end of 2024. The recent funding round of USD 20 mn will be allocated to support product development and market expansion efforts, reinforcing Tookitaki's position in the financial technology landscape.

## Funding rounds

- Series B, Jan 25, 2022, $23M — SIG Asia Investment, Jungle Ventures, Illuminate Financial, Viola FinTech, SEEDS Capital, Thunes
- Series A, Oct 18, 2019, $9.2M — Nomura Holdings, Viola Group, SIG Asia Investment, Jungle Ventures, Spring Seeds Capital, Illuminate Financial, SEEDS Capital
- Series A, Feb 14, 2019, $7.5M — Jungle Ventures, SEEDS Capital, Illuminate Financial, The FinLab, Supply Chain Angels, VWX Capital
- Series A, Jan 29, 2018, $3M — Jungle Ventures, Supply Chain Angels, SEEDS Capital, VWX Capital
- Seed, Nov 12, 2014, $1M — Jungle Ventures, Rebright Partners, SEEDS Capital, Faktory Ventures
- Angel, Jul 26, 2013, $0.2M — Harvard Angels, Blume Ventures, IIMA Ventures, India Internet Fund

## Investors

- Harvard Angels — Angel
- Blume Ventures (https://capitalatlas.ai/funds/blume-ventures) — Angel
- IIMA Ventures (https://capitalatlas.ai/funds/iima-ventures) — Angel
- India Internet Fund (https://capitalatlas.ai/funds/india-internet-fund) — Angel
- Jungle Ventures (https://capitalatlas.ai/funds/jungle-ventures) — Seed, Series A, Series B
- Rebright Partners (https://capitalatlas.ai/funds/rebright-partners) — Seed
- SEEDS Capital (https://capitalatlas.ai/funds/seeds-capital) — Seed, Series A, Series B
- Faktory Ventures (https://capitalatlas.ai/funds/faktory-ventures) — Seed
- Supply Chain Angels (https://capitalatlas.ai/funds/supply-chain-angels) — Series A
- VWX Capital — Series A
- Illuminate Financial (https://capitalatlas.ai/funds/illuminate-financial) — Series A, Series B
- The FinLab — Series A
- Nomura Holdings — Series A
- Viola Group (https://capitalatlas.ai/funds/viola-group) — Series A
- SIG Asia Investment (https://capitalatlas.ai/funds/sig-asia-investment) — Series A, Series B
- Spring Seeds Capital — Series A
- Viola FinTech — Series B
- Thunes — Series B