FinTech of the Day

Unit21 - No-Code Risk and Compliance Platform for FinTechs and Marketplaces

Unit21 offers a no-code risk and compliance platform for fintechs and marketplaces, enabling them to detect money laundering and fraud swiftly without relying on engineers, turning compliance into a seamless and efficient process.

Dmitry Prostov

18 Feb 2026 — 1 min read

Fraud moves faster than your compliance backlog.

Unit21 sells a no-code risk and compliance platform for fintechs and marketplaces that need to catch money laundering and fraud without waiting on engineers.

Teams plug in their data, build detection logic with a rules engine, and run investigations in case management, then file SARs to FinCEN from the same workflow.

It is classic B2B SaaS. You pay for the platform, you expand by module and volume, and the “moat” is painful-to-replace workflows plus better signals as the product sees more of the bad patterns.

The company was founded in 2018 and is led by CEO Trisha Kothari, who previously worked on risk at Affirm. In 2020 they raised a $13M Series A, then a $34M Series B led by Tiger Global in 2021, valuing the company around $300M.

Unit21’s own customer metrics show the scale: in 2022, customers monitored about 4.85B events representing $693B in value, filed 16,030 SARs, and reported $8.9B tied to laundering. That is why this FinTech of the Day pick from FinBox Solutions is straightforward: the product sits directly on the cost center that becomes existential in every downturn and every regulatory cycle.

They also pushed the industry angle with the Fintech Fraud DAO, positioning consortium-style data sharing as a path from detection to prevention, with early participants including Brex and Chime.

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If you run a fintech today, would you rather buy a configurable platform like Unit21, or build an in-house risk stack and accept the headcount forever?

#fintechoftheday #fintech #regtech #fraud #AML #B2BSaaS

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