Unit21 is a risk and compliance infrastructure company that provides no-code tools for transaction monitoring, fraud detection, and anti-money laundering (AML) operations. Its platform enables fintechs, banks, and marketplaces to design, deploy, and iterate on complex risk and compliance workflows without heavy engineering effort. The company increasingly incorporates machine learning to improve detection accuracy and streamline investigations for compliance teams.
Unit21 positions itself as a flexible, no-code risk and compliance infrastructure layer for financial institutions, augmenting traditional rules-based systems with machine learning to reduce false positives and accelerate investigations. Rather than marketing itself as a pure AI company, it embeds ML models and data-driven insights into its monitoring, alerting, and case management workflows to help compliance teams scale AML and fraud operations. The strategy focuses on combining domain-specific rules, customer data, and ML models in a configurable platform that can adapt quickly to new fraud patterns and regulatory requirements.