Pure-play financial transaction insight engine
Intix at a glance
Intix is a global leader in transaction data management, enabling financial institutions to monitor and manage their financial data through a single window. The Know-Your-Transaction (KYT) platform provides real-time access, visibility, and transparency to all financial data, allowing seamless search, analysis, and decision-making. This improves operational efficiency and reduces costs, while helping clients navigate the complexities of financial data management and analysis.
NetGuardians was acquired by Summa Equity in September 2024. NetGuardians is a leader at the forefront of AI-driven fraud prevention and anti-money laundering (AML) solutions, underpinned by its proprietary 3D AI technology. This cutting-edge technology enables the protection of individuals and businesses. By analysing user behaviour and identifying unusual payment transactions in real-time, NetGuardians’ solutions significantly reduce false positives and ensure legitimate transactions are processed smoothly.
Intix and NetGuardians will collaborate and form a group to create the next generation financial crime solution. Intix’s expertise in financial data management will amplify NetGuardians’ cutting-edge technology, introducing plug-and-play AI analytics built on a standardized data foundation. In doing so, the new group will accelerate progress toward a shared goal of combating illicit financial flows, protecting individuals and businesses, and fostering an economy of trust.
- Year acquired
- 2022
- Revenue
- EUR 19m
- Location
- Belgium
- Employees
- 147
- Website
- https://www.intix.eu
- Investment theme
- Tech-Enabled Resilience
- SDG alignment
8, 10, 16
What are the challenges Intix / NetGuardians addresses
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USD 2tn
money laundered globally
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14%
increase in elder fraud complaints in 2023, indicating impact of fraud on vulnerable populations
How does Intix / NetGuardians help?
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Reality today
Illicit financial flows undermine political and economic security around the world. Banks often utilize manual processes and/or software with low scalability to detect and hinder fraud and remain compliant, raising the costs and effort required while making it easier to make fraudulent transactions.
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Intix / NetGuardians approach
Intix / NetGuardians’ transaction monitoring tools help financial institutions view archived and indexed transaction data and monitor and track transactions to detect discrepancies and raise alerts in real time. The financial crime solutions enable financial institutions to detect and hinder fraudulent transactions and money laundering performed by criminal actors and authoritarian governments.
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Aspirational future
A compliant, secure, and globally accessible banking and payment structure to ensure financial stability and prosperity. One which is free from illicit financial flows, thereby hindering authoritarian governments and criminal actors to launder money and perform fraudulent transactions.
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Who is impacted?
Individuals and institutions directly suffer financial losses and profound emotional distress from fraud, including feelings of betrayal and lasting mental health impacts. More broadly, society endures eroded trust in institutions, increased inequality, and the funding of harmful criminal activities, ultimately impacting everyone’s safety and well-being.
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Contribution
Intix / NetGuardians contributes to decreasing fraudulent transactions and money laundering directly through their fraud prevention & AML solutions as well as indirectly by enabling financial institutions to track millions of transactions daily and detect irregularities.
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Risks to impact
Technological efficiency risk and scaling globally.