Digital financial crime platform Themis names Matthew Hurn as chairman
UK-based digital financial crime platform Themis has appointed Matthew Hurn as chairman, effective 1 February 2023.
Hurn succeeds Richard Reid, who is retiring after three years as chair and will remain on the advisory board as a senior advisor. Hurn himself has been a Themis investor and board member since June 2020.
A former president of the Association of Corporate Treasurers, Hurn has also provided strategic support to the UAE-UK Business Council.
He has also acted as an executive director for Mubadala, an investment and development company owned by the Government of Abu Dhabi.
On Hurn’s appointment, Themis CEO and founder Dickon Johnstone says: “With his background in financial markets and international trade, as well as his deep experience in driving high growth, high impact tech businesses, there is nobody better placed to guide us through the next stage of our business lifecycle.”
Launched in 2020, Themis uses artificial intelligence (AI) and machine learning (ML) along with data, research and intelligence to detect potential links to financial crime. Its anti-money laundering (AML) software solutions include screening, know your customer (KYC) onboarding, risk mapping, enhanced due diligence and automated monitoring.
Last month, Themis raised £3.1 million in its pre-Series A funding round at a valuation of £15.4 million. Themis had previously raised £1.67 million in its seed round in 2021.