Flagright, a trailblazer in AI-native Anti-Money Laundering (AML) compliance and fraud prevention solutions, proudly announces its newest partnership with Baraka, a leading investment platform in the Middle East. This collaboration marks a significant milestone in enhancing the security and integrity of investment opportunities for individuals across the region. 

Both Flagright and Baraka are part of the prestigious Y Combinator network, underscoring a shared heritage of innovation and a commitment to transforming the financial industry.

Baraka, renowned for its user-friendly platform that democratizes access US stocks and ETFs, is dedicated to empowering individuals with the knowledge and tools needed to invest confidently. By integrating Flagright's advanced AML and fraud prevention technology, Baraka is set to offer an even more secure and seamless investment experience to its users.

Kayne Osbourne, Director of Compliance at Baraka, expressed his enthusiasm about the partnership, stating, "Joining forces with Flagright represents a crucial step forward in our commitment to providing a safe and transparent investing environment. Our platform is designed to inspire confidence among our users, and with Flagright's support, we're enhancing our defenses against financial crime, ensuring our investors' assets and personal information are protected to the highest standard."

Flagright's state-of-the-art AI technology and intuitive, no-code platform will empower Baraka to effortlessly implement comprehensive compliance and security measures. This partnership underscores both companies' shared commitment to fostering a secure and trustworthy investment landscape in the Middle East.

Baran Ozkan, Co-founder and CEO of Flagright, commented on the new partnership, saying, "We are excited to partner with Baraka, a company that shares our vision for a secure and inclusive financial ecosystem. Our collaboration is set to redefine investment security in the Middle East, and we are committed to supporting Baraka's innovative platform with our robust security solutions. Our shared experience as YC alumni strengthens our partnership, bringing together a deep understanding of technology's power to solve critical challenges in the financial sector."

About Flagright

Flagright is a global leader in providing AI-native AML compliance and fraud prevention solutions, offering financial institutions the tools they need to combat financial crimes and ensure secure transactions. Its comprehensive suite includes real-time transaction monitoring, case management, sanctions screening, customer risk assessment, and more, delivered through a user-friendly, no-code platform.

About Baraka

Baraka is a regulated, low-commission investment platform for US Stocks and ETFs with Halal and automated investing options. Unlike traditional financial brokerage apps, baraka provides a personalized and localized experience including access to daily financial news, seamless operation in Arabic, and specialized products for Islamic investing. The platform also offers complimentary financial literacy materials for new investors.

Learn more about Baraka here: Baraka.