ABN AMRO Ventures increases investment in data-analytics company Quantexa

Quantexa is a global data and analytics software company pioneering in Contextual Decision Intelligence (CDI) technology. Using the latest advancements in big data and AI, Quantexa’s platform reveals hidden risks and new opportunities by providing a contextual, connected view of internal and external data in one place.

Hugo Bongers, director of ABN AMRO Ventures: “We invest in Quantexa because we believe in this company and it fits perfectly with the goal of ABN AMRO Ventures: we accelerate the digitization of the bank and we achieve financial returns with the fund. In addition, we are strengthening our position within the ecosystem of top international investors in this sector. We expect Quantexa to grow even faster thanks to this investment round.”

Robin de Jongh, managing director of ABN AMRO’s Detecting Financial Crime department: “As gatekeeper of the financial system we are fully committed to the fight against money laundering. We want to be as effective as possible and therefore use the best and smartest technological tools available in the market to detect unusual transactions. With Quantexa’s software, we are stepping up the fight against financial crime.”

ABN AMRO Ventures is ABN AMRO’s corporate venture fund that invests in (fin)techs. It focuses on innovative companies that specialize in the digitization of financial products, services and infrastructure. With EUR 150 million of assets under management the fund has stakes in Upvest, solarisBank, Penta, Bux, PrimaryBid, and Privitar. Previous investments were in Tink (exit 2021) and OpenInvest (exit 2021).