Flagright offers transaction monitoring with usage-based pricing – TechCrunch

Startups face many challenges, but one outsized one is having to navigate regulatory requirements that differ in each jurisdiction. Particularly when it comes to financial compliance, implementing solutions isn't a walk in the park -- or cheap. A recent Accenture survey found that nine in 10 companies expect evolving business, regulatory and customer demands to increase their compliance costs by up to 30% over the next 2 years. An added hurdle is that information isn't always readily available to founders, resulting in a knowledge gap, Baran Ozkan tells TechCrunch. Ozkan is the founder of Flagright, a startup that aims to prevent financial crime, like money laundering or terrorist financing, with an API-first product.