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First AML
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- 1Five V Capital buys majority stake in anti-money-laundering startup First AML▼Five V Capital buys majority of AML startup First AML, handing Blackbird a payday
Australian private equity firm Five V Capital has acquired a majority stake in First AML, an anti-money-laundering compliance startup. The deal delivers a return to early backer Blackbird, one of Australia's prominent venture capital firms, which is exiting part of its holding. First AML helps businesses meet identity verification and AML obligations, and the investment signals continued appetite for compliance-focused software companies.