“Britain is the center of European financial networks. The fight against money laundering and other financial crimes requires fast and broad cooperation, as well as effective tools. Developing such tools and fighting financial crime is our passion. Increased volumes and more complex cases mean new challenges, making this process even more exciting,” says Tāvi Tamkivi, co-founder and CEO of Salv (Taavi Tamkivi).
Currently, the company employs 60 employees and plans to hire another 10-15 new employees next year. “Our goal is to grow as efficiently as possible, so the company attracts sales professionals not only from Estonia, but also from Latvia, Lithuania and Great Britain, who are familiar with the cooperation networks of local financial institutions,” says T. Tamkivi.
The company states that approximately 80% of proceeds of crime flow through traditional financial institutions. Not being able to stop “dirty” money makes it more difficult to prevent future financing of various crimes such as arms, drug or human trafficking.
The startup “Salv” was founded in 2018. The company helps fight financial crime by supporting its clients in preventing money laundering, terrorist financing and financial fraud. The founders of the company are anti-money laundering experts from such companies as “Skype” and “Wise” – Tāvi Tamkivi (Taavi Tamkivi) and Jeff McClelland (Jeff McClelland), as well as “Wise” former software engineer Sergej Rumyantsev. Since its inception, the company has raised a total of 12.1 million euros in funding. The main investors are “Passion Capital”, “G+D Ventures” and “Venture Capital”. The headquarters of the company is located in Estonia, but experts from Latvia, Lithuania and Great Britain work in it, there is also a subsidiary in Poland.
2023-12-18 13:53:20
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