Why Quantexa Ditched Its News Intelligence Platform

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A UK artificial intelligence unicorn focused on financial crime prevention and decision intelligence has reported a near 50 per cent surge in revenues, alongside a sharp reduction in losses, according to newly released annual financial results. The figures highlight a year of accelerated growth for Quantexa, following its major $175m Series F funding round that pushed the company to a valuation of $2.6bn.

Revenue Jumps and Losses Narrow
Quantexa reported revenues of £126m for the year ending March 2025, marking a 49 per cent increase on the previous year. The company said the uplift was driven by new customer wins and licence expansion from existing clients, signaling strong market demand for its decision intelligence capabilities. Pre-tax losses narrowed significantly, falling to £25m from £48m, as the company continued to invest in infrastructure and talent.

The company attributed ongoing losses to what it called “strategic investments”, including the expansion of its workforce, which grew from 673 to 772 employees. The accounts also show that the highest paid director, in a period led by founder and CEO Vishal Marria, received £788,000.

AI Platform for Financial Crime and Risk
Founded in 2016, Quantexa builds advanced artificial intelligence software that connects and contextualises data from multiple sources. Its platform helps organisations detect fraud, assess risk, understand customer relationships, and uncover hidden networks that may indicate financial crime. The company has become a key partner to commercial and public sector organisations seeking to modernise their risk and compliance systems.

Quantexa’s customer base includes major commercial entities such as HSBC and Vodafone, as well as public sector bodies including the UK Cabinet Office’s public sector fraud agency. Its technology is used widely in banking, government, insurance and telecommunications, sectors where data complexity and fraud risk continue to increase.

Funding Structure Revealed
Newly published filings also shed light on the structure of Quantexa’s $175m Series F fundraising round. Of the total investment, $114m came from new equity, while the remainder was raised through a secondary share sale. The funding round provided additional capital for scaling, while allowing some existing shareholders to realise value.

News Intelligence Platform Discontinued
The filings reveal that Quantexa has discontinued offering its “News Intelligence Platform” to new customers. The product aggregated news articles from thousands of global publishers and was marketed as a highly efficient source of news intelligence. According to the company, the decision to withdraw the product reflects a strategic shift toward prioritising its core decision intelligence tools.

Quantexa said the News Intelligence Platform accounted for only a small portion of group revenue, and that its underlying intellectual property and expertise have now been fully integrated into the main platform. This integration is intended to strengthen the company’s capabilities around unstructured data, an increasingly important area for fraud detection and risk analytics.

Global Footprint and Growth Strategy
Quantexa continues to expand its international presence, operating offices across the UK, Ireland, Belgium, Netherlands, Spain, Luxembourg, Switzerland, France, UAE, USA, Canada, Singapore, Australia, Japan and Malaysia. The company says it aims to further extend its reach into key North American, EMEA and Asia Pacific markets, including opening new office locations.

Looking ahead, Quantexa says its business outlook “remains strong”, with plans to deepen its presence in core sectors such as banking, government, insurance and telecommunications. The company also plans to enhance its decision intelligence platform, expand customer deployments, and continue investing in talent and infrastructure.

A Strengthened Position in Global AI Risk Management
With strong revenue growth, reduced losses, widened customer adoption and a sharpened strategic focus, Quantexa enters the next financial year with reinforced momentum. Its combination of advanced AI, contextual data analytics and global expansion positions the company to play a leading role in the next generation of financial crime detection and enterprise risk management.

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