Around $1–2 trillion is laundered every year globally, around 2–5% of the global GDP. And only 1–3% of laundered funds are identified and possibly stopped. With many of the most prominent global banks having been fined due to anti-money-laundering (AML) scandals, totalling $10.6B in 2020, it’s an expensive problem waiting to be solved. But AML compliance costs are even more burdensome for smaller fintech…