| Type | Subsidiary |
| HQ | St. John's, CA |
| Founded | 2003 |
| Website | verafin.com |
| Cybersecurity rating | BMore |
Verafin was founded in 2003 and is headquartered in St. John's, CA
Key People/Management at Verafin
Raymond Pretty
Co-Founder, Chief Technology Officer
Matt Cotter
Director
Andrew King
Chief Operating Officer
David Unsworth
Director
Jamie King
Co-Founder, President & CEO and Director
Jason Quann
Chief Revenue Officer
Verafin Office Locations
Verafin has offices in St. John's and Toronto
St. John's, CA (HQ)
18 Hebron Way
Toronto, CA
2 Bloor Street East, Suite 610, P.O, Box 010
Verafin Financials and Metrics
Summary Metrics
Founding Date | 2003 |
Total Funding | $453.3 m |
Investors | Spectrum Equity, Northleaf Capital Partners, Information Venture Partners, Scotiabank, BDC Capital, Teralys Capital, Wells Fargo Capital Finance |
In total, Verafin had raised $453.3 m
Verafin Cybersecurity Score
Verafin Online and Social Media Presence
2.75k Twitter followers
Verafin has 2.75k Twitter Followers. The number of followers has increased 0.6% month over month and increased 1% quarter over quarter
Verafin's Trends
Twitter Engagement Stats for @Verafin
1.7k
Tweets
968
Following
2.8k
Followers
42
Tweets last 30 days
0.8
Avg. likes per Tweet
52.4%
Tweets with engagement
Verafin News and Updates
February 08, 2021
Nasdaq Receives Investment Canada Act Approval and Announces Expected Closing Date for its Acquisition of Verafin
NEW YORK, Feb. 08, 2021 (GLOBE NEWSWIRE) -- Nasdaq, Inc. (Nasdaq: NDAQ), a global technology company, announced today that the Minister of Industry has approved the previously announced proposed acquisition of Verafin, an industry pioneer in anti-financial crime management solutions, in accordance…
December 08, 2020
: Nasdaq borrows $1.9 billion to buy financial crime-fighting platform Verafin
Nasdaq Inc., the popular stock-index and data company, raised $1.9 billion on Monday in the bond market to help fund its purchase of anti-money-laundering and fraud-detection platform Verafin.
November 19, 2020
Nasdaq to buy financial fraud detection firm Verafin for $2.75 billion
Exchange operator Nasdaq said on Thursday it would buy anti-financial crime management products firm Verafin for $2.75 billion in cash.
November 19, 2020
Nasdaq to buy Verafin in $2.75 billion deal
Nasdaq to buy Verafin in $2.75 billion deal
November 19, 2020
Nasdaq to pay $2.75 billion in cash to buy anti-financial crime company Verafin
Nasdaq Inc. announced Thursday a deal to buy privately held anti-financial crime management company Verafin for $2.75 billion in cash. Based in Canada, Verafin provides more than 2,000 financial institutions a cloud-based platform to detect, investigate and financial fraud and report money launderi…
November 19, 2020
Nasdaq to Acquire Verafin, Creating a Global Leader in the Fight Against Financial Crime
Accelerates Nasdaq’s ongoing evolution into a leading SaaS technology provider.
Verafin Blogs
July 29, 2022
Rising U.S. & International Wire Fraud Threats
The high dollar value and irrevocable nature of many wire transfers make them inherently risky and a prime target for criminals. With fraudsters unrelenting, financial institutions must remain informed of growing wire fraud threats, both domestically and internationally. Our experts...
The post Ri…
July 26, 2022
Assessing AML/CFT Compliance Risks for Crypto Companies
Companies that operate cryptocurrency exchanges or crypto ATMs in the U.S. must be registered as MSBs with FinCEN, and meet all AML/CFT compliance requirements, including identifying and reporting potentially suspicious activity. Recently released guidelines from the MSBA, ETA, INFiN, and...
The po…
June 14, 2022
Aligning with AML/CFT Priorities
The need for greater effectiveness and efficiency in BSA/AML programs is acute. Financial institutions must navigate the ever-changing landscape of regulatory compliance while simultaneously adapting to evolving criminal activity. But many institutions are limited to their own siloed data set...
Th…
June 08, 2022
Keeping Pace with the Changing AML/CFT Landscape: Virtual Currency Payment Risks
The use of Convertible Virtual Currency (CVC) is increasing, offering an alternative transaction channel for consumers and a new transaction channel for criminals to exploit. Virtual currency activity is relevant to all financial institutions, even those that do not offer...
The post Keeping Pace w…
June 02, 2022
Complex AML Investigations with Visualization and Integrated Case Management
As financial crime grows in scale and complexity, banks are facing increasing expectations to improve detection rates, expedite investigations, and enhance reporting to law enforcement....
The post Complex AML Investigations with Visualization and Integrated Case Management appeared first on Verafi…
June 01, 2022
Verafin Partners with IBT Apps to Fight Financial Crime
Verafin and IBT Apps® have entered an endorsed partnership, uniting the industry’s leading Financial Crime Management solutions with an empowering core partner to community banks nationwide. Verafin’s cloud-based software platform for Fraud Detection and Management, BSA/AML Compliance and Management…
Verafin Frequently Asked Questions
When was Verafin founded?
Verafin was founded in 2003.
Who are Verafin key executives?
Verafin's key executives are Raymond Pretty, Matt Cotter and Andrew King.
How many employees does Verafin have?
Verafin has 810 employees.
Who are Verafin competitors?
Competitors of Verafin include Group-IB, DNSFilter and PhishLabs.
Where is Verafin headquarters?
Verafin headquarters is located at 18 Hebron Way, St. John's.
Where are Verafin offices?
Verafin has offices in St. John's and Toronto.
How many offices does Verafin have?
Verafin has 2 offices.
Learn about Craft real-time company insights
Receive alerts for 300+ data fields across thousands of companies