Case study
Flagright fights fincrime globally
Industry: SaaS | Stage: startup | Location: Singapore
- Reduced time spent on manual tracking and reconciliation by 30%
- Consolidated card spend, global transfers, and Stripe revenue in one platform
Corporate spend surges
Flagright is an SaaS provider that's redefining how fincrime compliance teams work. Their AI-native platform offers real-time transaction monitoring, end-to-end anti-money laundering (AML) screening and controls, customer risk scoring, and automated case management. These tools let financial institutions launch industry-leading AML programs in weeks, while reducing manual effort and false positives.
As Flagright grew globally, they found themselves spending more on team travel and software subscriptions. They resorted to traditional corporate cards, which required manual issuing, provided limited visibility, and slowed down reconciliation. These inefficiencies tied up their finance team and delayed their decision-making.
For a scaling company, relying on outdated systems was no longer sustainable. Flagright was successfully automating processes for other companies, but their own financial operations weren’t following suit — yet.
Finance management reboot
It was time to regroup and reset — and that’s where Revolut Business came in. On our Grow plan, Flagright unlocked a whole suite of spend management tools, designed for scaling companies with global operations.
In a few clicks, they could now issue cards with custom controls — enabling their team to spend in multiple currencies, while tracking expenses in real-time. With outflows simplified, inflows were next. Flagright integrated Stripe payouts to collect customer payments directly in their Business account, and gained a clear view of revenue right alongside their spend.
With access to international transfers and currency exchange at the interbank rate,¹ they expanded their global operations, while cutting costs and complexities. Setting up local Revolut Business accounts for their entities abroad further simplified internal transfers and made it easier to expand to new markets.
¹Within plan allowance, during market hours.
Hardwired for growth
By centralising their financial operations with Revolut Business, Flagright trimmed the time they spent on manual spend tracking and reconciliation by 30% — freeing up their finance team to work on strategic growth initiatives instead of day-to-day admin.
The team also gained a 360º view of their business finances, with all their card activity, global transfers, and Stripe revenue running through a single platform. And thanks to our local accounts, Flagright can set up new entities abroad faster than ever.
With a future-proof finance stack in place, all systems are go — and Flagright is geared up for global expansion. They now have the bandwidth to focus on their purpose: engineering cutting-edge tech to help institutions stay ahead of financial crime.
