Fabrice Deprez, CEO of Discai: $12 Million Raised to Build the Future of Anti-Money Laundering Software

In today's episode of Category Visionaries, we speak with Fabrice Deprez, CEO of Discai, a fintech platform providing anti-money laundering solutions that's raised $12 Million in funding, about how the twin burdens of regulatory tightening and the real savings business can make, is driving a surge in focus on preventing money laundering. With an AI-based solution taking over much of the manual work and ensuring the most stringent of high standards, Discai is promising a more effective, efficient solution to money laundering than ever before. We also speak about Fabrice’s background from a family of entrepreneurs and his 20 years in consulting, how several of his unique ideas became in-demand services before ever going to market, building a company from the bottom up, and what it’s like to take AI international. Topics Discussed: Fabrice’s early start in entrepreneurship, from a business-savvy family to building a business from the bottom up 20 years of work in the consulting industry and what it taught Fabrice about some strategic market opportunities The reputation risk for financial institutions of getting caught up in money laundering and other fraudulent behaviors Why current solutions to fight money laundering have failed to plug some priority holes in the financial system How Discai took their AI model international, and what it means to adapt existing solutions to new markets Discai’s ambitions to dominate the future of financial crime prevention