Quantexa said the partnership will help accelerate the growth of its AI-enabled network analytics technology, which provides enterprise-wide solutions serving multiple use cases including fraud detection, money laundering prevention, credit risk decisioning and customer insights.
The investment follows a Series B funding raise in July in which Quantexa raised $20 million from HSBC, Albion Capital and Dawn Ventures.
“We are delighted to have Macquarie become part of the Quantexa journey,” Quantexa CEO Vishal Marria.
“Macquarie’s expertise and appetite for innovation will help us to continue to support organisations in making better informed decisions.
Macquarie’s head of strategtic client solutions Miki Edelman said Quantexa is at the forefront of helping to innovate how multinational businesses solve their most pressing challenges related to risk and entity resolution.
“We look forward to participating in Quantexa’s continued growth and innovation,” she said.
Quantexa’s technology is based on developments in big data software and uses real-time entity resolution with network analytics and AI to knit together vast and disparate data sets and derive actionable intelligence. They are headquartered in London, with offices in New York, Brussels and Sydney.
