Tookitaki
Tookitaki is a Singapore-headquartered RegTech company that provides AI-driven anti-money laundering and fraud prevention platforms (FinCense and the AFC Ecosystem) to banks, digital banks, e-wallets, and payment processors across the Asia-Pacific region.
- Company typePrivate
- Founded2015
- HeadquartersSingapore, Singapore
- Headcount101–250
- GTM typeB2B
- OfferingSoftware
What Tookitaki does
Tookitaki is a Singapore-headquartered RegTech company founded in 2015 that builds AI-driven anti-money laundering (AML) and fraud prevention platforms for financial institutions, principally across the Asia-Pacific region. Its core product, FinCense, is an end-to-end operating system that unifies transaction monitoring, name and sanctions screening, customer risk scoring, alert prioritization, case management, and SAR/STR/CTR reporting within a single platform. The company's principal technical differentiator is the AFC Ecosystem, a federated intelligence network of more than 30 financial institutions that enables participants to share typology intelligence and detection patterns without exposing underlying customer data, effectively providing continuously updated financial crime scenarios to all members.
The platform combines supervised and unsupervised machine learning, a patent-pending Explainable AI ('glass-box') framework for regulator-grade auditability, behavioral biometrics, device profiling, and a no-code Typology Design Studio that allows compliance teams to deploy new scenarios in hours. Underlying infrastructure supports throughput of up to 200 transactions per second against an industry baseline of approximately 50 TPS, with 380+ pre-built detection scenarios and a stated 4-week deployment timeline. Tookitaki's revenue model is enterprise SaaS with quote-based annual subscription pricing tied to transaction volumes, account counts, and module selection. Go-to-market combines regional direct enterprise sales (with general managers dedicated to Southeast Asia and ANZ), a partner referral program targeting legal, KYC, consulting, and system integrator firms, and a community-led motion through the AFC Ecosystem. The company is venture-backed with approximately $65M raised across seed, Series A, Series B, and strategic rounds (including a $20M Thunes investment in 2022 and a True Global Ventures strategic round in October 2024), and operates from offices in Singapore (HQ), Bangalore (R&D), Charlotte (US), Kuala Lumpur, and Manila.
Tookitaki firmographics
Firmographics- Name
- Tookitaki
- Legal name
- Tookitaki Holding Pte Ltd
- Website
- https://tookitaki.com
- Company type
- Private
- Founded year
- 2015
- Operating status
- Operating
- Headcount range
- 101–250 employees
- Short description
- Tookitaki is a Singapore-headquartered RegTech company that provides AI-driven anti-money laundering and fraud prevention platforms (FinCense and the AFC Ecosystem) to banks, digital banks, e-wallets, and payment processors across the Asia-Pacific region.
- Ownership category
- akta.pro rank
Tookitaki industry classification
Industry- Product category
- Anti-Money Laundering / RegTech Software
- NAICS
- Financial Transactions Processing, Reserve, and Clearinghouse Activities (522320)
- SIC
- Finance Services (6199)
- akta.pro primary industry
- AML/CTF Transaction Monitoring & Case Management (FSAGAFAC)
- akta.pro secondary industry
- AML Transaction Monitoring & Typology Detection (FSAMAMAB)
Keywords
Where Tookitaki is headquartered
LocationHeadquarters
- HQ city
- Singapore
- HQ country
- Singapore
- HQ region
- Asia
Offices5 records
Markets served
Tookitaki business model
Business model- GTM type
- B2B
- Offering type
- Software
- Cost components
- Personnel, Technology or R&D, Marketing or Sales, Operations, Infrastructure
Revenue model
- SaaS Platform Subscription: Subscription-based licensing model for FinCense AML and fraud prevention platform. Includes modules for transaction monitoring, screening, customer risk scoring, alert prioritization, and case management. Pricing is quote-based for enterprise engagements.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Subscription | Annual | Enterprise subscription model with quote-based pricing |
Go-to-market motion3 records
Distribution channels2 records
Marketing channels6 records
Tookitaki product offering
Product offeringCore offering
Tookitaki provides an AI-powered anti-money laundering (AML) and fraud prevention platform called FinCense that unifies transaction monitoring, screening, customer risk scoring, alert prioritization, and case management for financial institutions. The platform is complemented by the AFC Ecosystem, a federated intelligence network of more than 30 financial institutions enabling collaborative typology sharing without sharing underlying customer data.
Product overview
Tookitaki offers FinCense, an end-to-end financial crime compliance operating system that unifies AML and fraud prevention capabilities. The platform comprises modular components including Transaction Monitoring, Screening (name screening), Onboarding Risk Suite, Customer Risk Scoring, Alert Prioritization AI Agent, and Case Manager—all powered by the AFC Ecosystem's federated intelligence network. The AFC Ecosystem itself is a community-driven platform enabling 30+ financial institutions to share typology intelligence without exposing raw customer data. Additionally, the Fraud Prevention module addresses real-time payment fraud detection, and FinMate AI Copilot provides AI-assisted investigator support. The architecture follows a platform-plus-modules model where FinCense serves as the core operating system with discrete, interoperable modules for specific compliance functions.
Differentiator
Problem solved
Functional benefit
Brands
- FinCense: End-to-end operating system for AML and fraud prevention, encompassing transaction monitoring, screening, customer risk scoring, alert prioritization, and case management modules.
- AFC Ecosystem
- FinMate AI
Products and services
- FinCense
- AFC Ecosystem
- Fraud Prevention
Quantifiable outcome
- 50-70% reduction in false positives for individual names (UOB case study)
- +9 more outcomes
Companies that use Tookitaki
Customer profileNamed customers9 records
Segments6 records
Ideal customer profiles4 records
Tookitaki technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
AI capability9 records
Feature7 records
Tookitaki partnerships and signals
Strategic signalScale indicators16 records
Recent moves11 records
Expansion highlights7 records
Tookitaki competitors and assessment
Company assessmentDirect peers
- ComplyAdvantage: AI-driven AML and KYC platform offering transaction monitoring, name screening, and customer risk scoring for financial institutions. Directly competes with Tookitaki's FinCense suite across the same enterprise buyer profile, with comparable emphasis on reducing false positives and serving challenger banks and fintechs.
- Featurespace: Adaptive behavioral analytics platform for fraud and AML, serving issuing banks, acquirers, and payment processors. Competes with Tookitaki's fraud prevention module and transaction monitoring, particularly with payment processors and card issuers across APAC and Europe.
- Quantexa: Decision intelligence platform that uses entity resolution and network analytics for AML, fraud, and KYC use cases at large financial institutions. Overlaps with Tookitaki's AFC Ecosystem intelligence network and serves similar tier-1 banking clients globally.
- Napier AI: AI-powered AML transaction monitoring platform with screening and customer risk scoring capabilities, headquartered in London with strong APAC presence. Directly competes with Tookitaki for enterprise bank accounts and has comparable typology-driven detection architecture.
- Silent Eight: AI/ML-based AML name screening and transaction monitoring platform serving global banks and fintechs. Competes head-to-head with Tookitaki on enterprise screening accuracy and false positive reduction, with a similar focus on explainable AI and regulatory auditability.
Broad incumbents
- NICE Actimize: Established enterprise financial crime and AML platform serving the largest global banks with end-to-end transaction monitoring, name screening, and case management. Represents the dominant legacy competitor that Tookitaki must displace in tier-1 bank RFPs.
- SAS Anti-Money Laundering: Long-standing AML and fraud analytics suite from SAS Institute, deployed at many global tier-1 banks. Competes with Tookitaki primarily in large enterprise banking accounts where SAS has deep installed base and integration advantages.
- Oracle Financial Services Anti Money Laundering: Oracle's AML and transaction monitoring offering for banks, typically deployed alongside Oracle core banking platforms. Represents a bundled incumbent threat in tier-1 banking and competes with Tookitaki for enterprise bank modernization budgets.
- FICO Falcon Fraud Platform: Industry-standard card and payment fraud detection platform serving issuing banks, acquirers, and processors globally. Competes with Tookitaki's fraud prevention module in payment fraud and account takeover use cases at large financial institutions.
Emerging players
- ThetaRay: AI-based AML and sanctions screening platform focused on cross-border payments and correspondent banking. Overlaps with Tookitaki's payment processor and remittance customer segments, particularly relevant for DeeMoney-like clients.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat6 records
Key risks5 records
Key highlights7 records
Customer concentration
Tookitaki social profiles
Digital presenceTookitaki compliance and trust
Trust signalCompliance3 records
Tookitaki financial estimates
Financial estimateRevenue estimate
Valuation estimate
Tookitaki leadership team
Management profileNumber of profiles
Profiles7 records
Tookitaki subsidiaries and ownership
Company hierarchySubsidiaries4 records
Tookitaki funding detail
Funding detailFunding overview
Funding rounds10 records
Investors23 records
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Tookitaki M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Tookitaki
What does Tookitaki do?
Tookitaki provides an AI-powered anti-money laundering (AML) and fraud prevention platform called FinCense that unifies transaction monitoring, screening, customer risk scoring, alert prioritization, and case management for financial institutions. The platform is complemented by the AFC Ecosystem, a federated intelligence network of more than 30 financial institutions enabling collaborative typology sharing without sharing underlying customer data.
Is Tookitaki a public or private company?
Tookitaki is a private company. It is classified as venture growth investor backed and is currently operating.
When was Tookitaki founded?
Tookitaki was founded in 2015. It employs 101 to 250 people.
Where is Tookitaki based?
Tookitaki is headquartered in Singapore, Singapore, in the Asia region.
How does Tookitaki make money?
One revenue line is on record: saaS Platform Subscription.
Who are Tookitaki's main competitors?
Direct peers on record are ComplyAdvantage, Featurespace, Quantexa, Napier AI and Silent Eight. Broad incumbents are NICE Actimize, SAS Anti-Money Laundering, Oracle Financial Services Anti Money Laundering and FICO Falcon Fraud Platform. ThetaRay is listed as an emerging player.
Does Tookitaki have an API?
No public API is recorded for Tookitaki.
What industry is Tookitaki in?
Tookitaki's product category is Anti-Money Laundering / RegTech Software. Its primary akta.pro industry code is FSAGAFAC, AML/CTF Transaction Monitoring & Case Management, with a secondary code of FSAMAMAB, AML Transaction Monitoring & Typology Detection. Its NAICS code is 522320 and its SIC code is 6199.