News / AI & Data
Marble raises €6.5 million to automate financial compliance with AI Published on 29 September 2026 by Christ-loisele (4 min read)
Marble, a Paris-based startup specializing in fraud detection and anti-money laundering compliance, announces a €6.5 million funding round to accelerate its deployment among financial institutions. Its open-source and no-code approach aims to reduce operational workload while strengthening the transparency of decisions.
An open-source platform to automate financial compliance
Marble offers an open-source solution designed to automate tasks related to regulatory compliance within financial institutions. According to Journal du Net and EU-Startups , its platform enables automatic detection of alerts, generation of reports, and systematic querying of clients.
The tool stands out with its no-code approach, allowing compliance and risk teams to create their own monitoring rules without relying on IT services or external providers. This flexibility, combined with deployment options in on-premises or SaaS mode, meets varied needs depending on the financial institutions' infrastructures.
Marble already claims over 100 clients across more than 25 countries, with 70 percent of its users located outside France. Among them, 70 percent have adopted the solution to replace an existing system, highlighting its effectiveness and ability to integrate with current processes.
Financial institutions that do not embrace automation will continue to allocate increasing budgets and human resources, at the expense of their development priorities.
Illustrative photo: supercomputer (Daderot, Public domain) A business model focused on subscription and AI
Marble’s business model is based on a SaaS subscription, with an ambitious goal of exceeding €5 million in annual recurring revenue (ARR) by 2027, as noted by Journal du Net . The funds raised in this €6.5 million round, led by investors such as Smartfin, Adnexus, Passion Capital, and 42Capital, will primarily be used to integrate more artificial intelligence into compliance workflows.
Arnaud Schwartz, co-founder and CEO of Marble, emphasizes that the goal is to ‘make analysts’ work easier’ , allowing them to focus on confirmed alerts rather than repetitive tasks. This approach aims to reduce operational costs while improving decision accuracy, particularly for blocking suspicious accounts.
The startup, founded in 2023 and incubated at Hexa, currently has 13 employees and plans to double its workforce by the end of the year to support its expansion.
A response to regulatory inflation and operational challenges
According to Arnaud Schwartz, quoted by Journal du Net , financial institutions have been facing a « regulatory text inflation » since 2010, which has led to increased budgets and human resources dedicated to compliance. Without automation, these institutions risk seeing their efforts diverted from their strategic development priorities.
Marble positions itself as a key solution to address this challenge by automating critical processes such as fraud detection and compliance with anti-money laundering (AML) obligations. Saumitra Dubey, a partner at Smartfin, emphasizes that « Marble makes automation the standard, embedded within the clients’ own infrastructure » , which reduces technical constraints and accelerates adoption.
Will Orde, a partner at Passion Capital, highlights the growing adoption by institutions: « Over 100 institutions are already using Marble in production. When conviction meets execution, it is clear that further commitment is needed » . This momentum reflects increased trust in open-source and no-code solutions to modernize financial processes.
What this means here: opportunities for Beninese and West African financial players
In Benin and West Africa, where financial institutions face strict regulations on combating fraud and money laundering, Marble could provide a tailored response to local operational challenges. Banks and fintechs in the region, often constrained by limited resources and growing regulatory complexity, could benefit from a no-code and open-source solution to automate their compliance processes.
Marble’s approach, which allows deployment on dedicated infrastructure and lightweight integration, would reduce implementation costs while improving the efficiency of internal teams. For Beninese players such as banks or mobile payment platforms, this could represent an opportunity to meet regulatory requirements while optimizing their human and financial resources.
Additionally, the transparency offered by the platform’s open-source core could reassure local regulators, who often seek auditable solutions compliant with international standards. Finally, the focus on integrating AI into workflows could help institutions anticipate emerging risks, a valuable asset in a rapidly evolving economic and financial landscape.
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