Paris-based Marble, an open-source platform that helps companies detect fraud and manage anti-money laundering (AML) compliance, has raised €6.5 million in Series A funding.
The round was led by Smartfin, a European investment firm focused on high-growth B2B technology companies. ADNEXUS also joined the round.
Existing investors Passion, 42Capital, and Hexa also participated in the funding round. TSIC is also listed among Marble’s existing investors. With this new Series A, Marble has raised a total of €9 million in funding.
“Marble makes automation the default, on the customer’s own infrastructure. Our conviction is that Marble becomes the structurally differentiated, modern financial crime operating system for mid-market banks and fintechs. That’s why we led this round,” said Saumitra Dubey, Partner at Smartfin.
Marble was founded in 2021 by Arnaud Schwartz and Pascal Delange, who previously worked at French fintech company Shine. The company focuses on FRAML, which combines fraud detection and anti-money laundering work.
Marble mainly serves fintech companies and financial institutions. Its founders say they experienced compliance challenges themselves while working at Shine and saw that many existing tools often added more work instead of reducing it.
To make compliance easier, Marble has built a no-code platform. It allows compliance and risk teams to create and manage transaction monitoring rules themselves without needing help from IT teams or software vendors.
The platform also supports sanctions and watchlist checks, investigations, reporting, customer risk scoring, and A/B testing of monitoring rules using live data.
“Compliance teams shouldn’t have to choose between staying compliant and moving fast. That’s exactly what we built Marble to solve. As the regulatory bar keeps rising, compliance teams are expected to do more with the same headcount. Our job is to make sure that it is Marble that absorbs that complexity and not our customers,” said Schwartz, CEO and co-founder of Marble.
Marble aims to make automated, AI-powered compliance a standard rather than a project few companies can run efficiently. “More than 100 institutions now run Marble in production. When conviction meets execution like that, it’s simple: you lean in,” said Will Orde, Partner at Passion Capital.
Marble will use the new funding to bring more AI features into compliance processes and help banks and fintech companies set up its platform faster.
The company plans to focus on four key areas: AI-powered automation, faster deployment, agentic compliance, and flexible systems.
