Financial Transparency Coalition

What Financial Transparency Coalition does

The Financial Transparency Coalition (FTC) is a non-profit civil society network founded in 2011 (with origins traceable to 2009 Task Force conferences) and headquartered in Boston, Massachusetts via its fiscal sponsor Third Sector New England, Inc. (TSNE). The coalition functions as a coordinating body for 150+ Allied Organizations across 40+ countries, focused on combating illicit financial flows out of developing countries through policy advocacy, research, and convening. Its core products and services consist of: (i) policy reports and briefs covering beneficial ownership, country-by-country reporting, automatic exchange of information, and open data; (ii) formal policy submissions to governments and international bodies (UN, OECD, G20, FATF); (iii) international conferences (including the 8th International Conference on Illicit Financial Flows in Buenos Aires, 2024); and (iv) data tools such as the FTC Covid Bailout Tracker launched in April 2021, which analyzed pandemic recovery fund disbursement across nine developing countries.

The FTC does not operate a proprietary technology platform; its analytical outputs are research-driven rather than AI-augmented. The organization does not sell products or services and has no disclosed pricing model. Its revenue model is grant-based: contributions from foundations and governments, with documented support from the Norwegian Agency for Development Cooperation (NORAD) under grant agreements QZA-0833/QZA-180372 with extensions in 2021-2022 and 2023. The organization publishes information on all contributions of $10,000 or more, which it states account for more than 99% of annual contributions, and has been awarded a 5-star Transparify rating for financial transparency. Governance is exercised through a Coordinating Committee with members in Arusha, Berlin, Brussels, Buenos Aires, Lima, London, Manila, Nairobi, New Delhi, and Washington, DC, while current director Matti Kohonen leads a staff of 1-10.

The FTC's primary customer segments are civil society organizations (the Allied Organizations Network that executes and amplifies the coalition's agenda) and governments/policymakers (the targets of its advocacy and policy submissions), with secondary engagement of the general public as downstream beneficiaries of reduced illicit flows. Notable programmatic outputs in 2026 include a May 2026 report on illicit deforestation draining $1.28 billion from Brazil and $289 million from Cameroon, and the June 2026 Mombasa Declaration at the Our Oceans Conference where 16 nations committed to fisheries transparency including beneficial ownership transparency.

Name

Financial Transparency Coalition

Legal name

Financial Transparency Coalition

Website

https://financialtransparency.org

Company type

Private

Founded year

2011

Operating status

Operating

Headcount range

1–10 employees

Short description

The Financial Transparency Coalition is a non-profit global network of 150+ civil society organizations across 40+ countries that combats illicit financial flows through policy advocacy, research reports, international conferences, and data tools, funded by foundations and government grants and fiscally sponsored by Third Sector New England.

Ownership category

akta.pro rank

Product category

Policy Advocacy and Research Services

SIC

International Affairs (9721)

akta.pro primary industry

Risk, Controls & Governance (GRC) Platforms (FSAFAOAG)

Keywords

• Financial transparency advocacy
• Illicit financial flows
• Policy advocacy research
• Tax justice advocacy
• Beneficial ownership transparency

Headquarters

HQ city

Boston

HQ country

United States

HQ region

North America

Offices2 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

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

Revenue model

1. Foundation and Government Contributions: The Financial Transparency Coalition's funding comes through contributions from foundations and governments. The organization is fiscally sponsored by Third Sector New England, Inc. (TSNE). They publish information about all contributions of $10,000 or more, which account for more than 99% of annual contributions.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels5 records

Core offering

The Financial Transparency Coalition (FTC) is a pioneering global network of civil society organizations that combats illicit financial flows through policy advocacy, research, and coalition-building. It produces research reports and policy briefs on beneficial ownership transparency, country-by-country reporting, and automatic exchange of information; submits formal advocacy positions to international bodies (UN, OECD, G20, FATF); convenes international conferences; and runs data tools such as the Covid Bailout Tracker that monitor pandemic recovery fund disbursement in developing countries.

Product overview

The Financial Transparency Coalition is a pioneering global network of civil society organizations focused on combating illicit financial flows through advocacy, research, and policy engagement. The organization does not operate a unified technology product but offers a portfolio of services including research publications (reports on fisheries transparency, beneficial ownership, tax havens), data tools (Covid Bailout Tracker), policy submissions to international bodies, and biennial international conferences. The coalition connects over 150 allied organizations across 40+ countries working on transparency issues ranging from extractive industry reporting to beneficial ownership registries.

Differentiator

Problem solved

Functional benefit

Products and services

• FTC Covid Bailout Tracker A data tracking tool that monitors and analyzes COVID-19 recovery funds disbursement in developing countries, revealing disparities between corporate bailout spending and social protection allocations. Intended for civil society, policymakers, researchers, and journalists working on pandemic response accountability.
• Research Reports and Publications Research reports and policy briefs covering beneficial ownership transparency, country-by-country reporting, automatic exchange of information, tax havens, and illicit financial flows in sectors such as fisheries, deforestation, and extractive industries. Produced for civil society, policymakers, and the broader public.
• Policy Advocacy Submissions Formal submissions, letters, and policy briefs submitted to governments, international bodies (UN, OECD, G20, FATF), and regulatory agencies advocating for financial transparency policies, beneficial ownership registries, and country-by-country reporting requirements. Targeted at policymakers and regulators.
• International Conferences on Illicit Financial Flows International conference series (the 8th edition held in Buenos Aires in 2024) bringing together civil society, experts, and policymakers to discuss illicit financial flows, fiscal governance, and transparency measures.

Quantifiable outcome

• 38% of Covid recovery funds in 21 developing countries analyzed went to big corporations instead of social protection (FTC Tracker Report)
• +2 more outcomes

Named customers2 records

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Ten partnerships are on record, tiered core.

• ChristianAidcoreStrategic or Co-development PartnerAllied Organization endorsing the goals of the Financial Transparency Coalition and contributing intellectual support towards promoting a transparent and equitable global financial system.
• EurodadcoreStrategic or Co-development PartnerEuropean Network on Debt and Development - Allied Organization working on issues related to financial transparency and illicit financial flows.
• Global Financial Integrity (GFI)coreStrategic or Co-development PartnerWashington DC-based research and advocacy organization - Allied Organization working on quantifying and curtailing illicit capital flight from developing countries.
• Tax Justice Network AfricacoreStrategic or Co-development PartnerRegional alliance organization working on tax justice issues across Africa.
• CBG India (Centre for Budget and Governance Accountability)coreStrategic or Co-development PartnerAllied Organization based in India working on budget accountability and governance transparency.
• Latindadd (Red Latinoamericana por Justicia Económica y Social)coreStrategic or Co-development PartnerLatin American network for economic and social justice - co-organizer of the 8th International Conference on Illicit Financial Flows in Buenos Aires, 2024.
• Tax Justice NetworkcoreStrategic or Co-development PartnerGlobal coalition working on tax justice issues and combating tax havens.
• Transparency InternationalcoreStrategic or Co-development PartnerGlobal anti-corruption organization working on transparency in governance and financial systems.
• Fundación SES (Argentina)coreStrategic or Co-development PartnerArgentina-based foundation - co-organizer of the 8th International Conference on Illicit Financial Flows in Buenos Aires, 2024.
• Third Sector New England (TSNE)coreOthersTSNE is the fiscal sponsor of the Financial Transparency Coalition, providing administrative and operational support. Located at 89 South St Suite 700, Boston, MA 02111, USA.

Scale indicators3 records

Recent moves6 records

Expansion highlights5 records

Broad incumbents

• Open Government Partnership: Multistakeholder initiative promoting government transparency and accountability across 70+ countries. Comparable broader transparency/advocacy actor, but focused on open government reforms more broadly rather than specializing in illicit financial flows.
• Transparency International: Global anti-corruption organization focused on governance and financial transparency. Comparable to FTC as a major civil society actor in the transparency space, but with a broader anti-corruption mandate across governance rather than specializing in illicit financial flows.

Regional players

• Centre for Budget and Governance Accountability (CBGA): India-based research organization working on budget accountability and governance transparency. Comparable methodology and mission but regionally focused on South Asia; listed as an FTC allied organization.
• Tax Justice Network Africa: Regional alliance organization working on tax justice issues across Africa. Directly comparable mission but geographically focused on Africa; listed as an FTC allied organization.
• Latindadd: Latin American network for economic and social justice working on debt, tax justice, and financial transparency. Directly comparable advocacy model with regional focus on Latin America; co-organizer of FTC's 8th International Conference.

Direct peers

• Global Integrity: Independent nonprofit producing research and data on governance and anti-corruption. Comparable to FTC as a research-driven organization producing actionable data and analysis on financial transparency and governance issues globally.
• Tax Justice Network: Global coalition working on tax justice and combating tax havens. Directly comparable to FTC as a peer advocacy network addressing financial secrecy, beneficial ownership, and cross-border tax issues — they are also a listed FTC allied organization.
• Global Financial Integrity: Washington DC-based research and advocacy organization quantifying and curtailing illicit capital flight from developing countries. Closely comparable mission and methodology to FTC, focused specifically on illicit financial flows quantification and policy.
• Eurodad: European Network on Debt and Development working on financial transparency, illicit financial flows, and tax justice. Directly comparable European-focused peer with similar policy advocacy approach and listed as an FTC allied organization.

Emerging players

• ChristianAid: UK-based international development and advocacy organization working on tax justice and financial transparency within its broader poverty-focused mandate. Comparable advocacy work on illicit flows but embedded within a larger development portfolio.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat3 records

Key risks5 records

Key highlights6 records

Customer concentration

• Xx.com/FinTrCo
• Facebookfacebook.com/FinancialTransparencyCoalition
• LinkedInlinkedin.com/company/financial-transparency-coalition

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Funding overview

Funding rounds

Investors

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M&A

Investments

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Frequently asked questions about Financial Transparency Coalition