Kurt Farrugia - Photo by Jason Borg

VITAL4Data, a leading Software as a Service (SaaS) company, in the domain of AI-driven risk screening and monitoring, based in Atlanta in the US, is set to establish its European HQ and RDI centre in Malta.

“Vital4Data continues to add to the list of other high-profile start-ups and scale-ups that Malta Enterprise has attracted to Malta during the last years,” said Malta Enterprise CEO Kurt Farrugia. “ME’s strategy is not only focused to assist companies to get through the present pandemic but its efforts are also targeted to attract to Malta the most promising start-ups and scale-ups that will play an active role in shaping the future of our economy.”

VITAL4’s software is employed by organisations for the purpose of financial crime prevention and detection. Vital4’s Co-Founder and President Amy Barbieri stated: “Malta Enterprise has given VITAL4 an incredible opportunity to further expand our solutions into the European Market. Malta Enterprise is committed to give us the support and ample resources that we need to continue our focus on innovation and in expanding our global solutions to help in the fight against financial crime.”

The company’s proprietary AI-driven technology specialises in the real-time collection, and analysis, of data, worldwide, without any human intervention – a world first. This serves both to reduce costs, and dramatically increase the accuracy of results obtained for the parties making use of this cutting-edge service. VITAL4 is now seeking local talent for their development team.

The Malta Enterprise CEO went on to remark that he is “glad to see one of the most promising scale-ups in Atlanta (USA) opting for Malta, where they have already kicked-off their recruitment process which will lead to high quality jobs. We look forward to see Vital4 Data integrating within our local eco-system and to target the European market from Malta.”

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