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April 12, 2007

London's World-Check Takes Investment From Spectrum Equity

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World-Check, which sells data on heightened risk individuals and companies, has received "a significant equity investment" from Spectrum Equity Investors and HarbourVest Partners. Terms of the transaction were not disclosed. Profitable World Check was founded in 2000 and has expertise in tracking money laundering for banks, fraud checking and terrorist funding tracking.

The company claims as clients over 2,000 institutions, including 45 of the world’s 50 largest financial institutions and hundreds of government agencies.

Read - release

Posted on April 12, 2007 07:03 PM | Posted to Financial Data Service | Permalink

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