Elucidate

Elucidate is a fintech company based in Berlin, founded in 2018. It specializes in data-driven risk management and financial crime compliance solutions for the banking sector. As a Series A-stage startup, Elucidate has raised a total of $14.57 million in funding, including an $8.6 million round two years ago. The company aims to enhance compliance and operational workflows by integrating risk assessment tools into financial institutions' technology systems.