Tookitaki

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.

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

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

• Anti-money laundering software
• Transaction monitoring systems
• Fraud prevention platform
• Regtech compliance solutions
• Financial crime detection

Headquarters

HQ city

Singapore

HQ country

Singapore

HQ region

Asia

Offices5 records

Markets served

GTM type

B2B

Offering type

Software

Cost components

Personnel, Technology or R&D, Marketing or Sales, Operations, Infrastructure

Revenue model

1. 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

Go-to-market motion3 records

Distribution channels2 records

Marketing channels6 records

Core 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

Named customers9 records

Segments6 records

Ideal customer profiles4 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

AI capability9 records

Feature7 records

Scale indicators16 records

Recent moves11 records

Expansion highlights7 records

Direct 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

• LinkedInlinkedin.com/company/tookitaki
• Xx.com/tookitaki

Compliance3 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles7 records

Subsidiaries4 records

Funding overview

Funding rounds10 records

Investors23 records

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Tookitaki