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Merlon Intelligence Raises $8 Million

Merlon Intelligence Raises $8 Million to Help Financial Institutions Navigate Risks

Fintech startup Merlon Intelligence announced the close of $8 million in seed financing. Four investors contributed to the round: Data Collective, Fenway Summer Ventures, Nyca Partners, and Work-Bench Ventures.

Merlon enables major financial institutions to identify and manage risk and minimize money laundering.