UiPath acquires WorkFusion
UiPath has acquired WorkFusion , a provider of AI agents for financial crime compliance, to expand its industry solutions for banks and financial institutions.
WorkFusion offers pre-built AI agents that automate labor-intensive compliance tasks, including customer screening, investigations, and workflows related to anti-money laundering (AML) and know your customer (KYC) requirements. Combined with UiPath’s automation and orchestration platform, the technology is designed to help financial institutions streamline complex processes, identify risk patterns, prioritize cases for human review, and improve compliance while reducing operating costs.
“Joining UiPath is a moment of validation for the years our team has poured into creating something bold, different, and deeply needed in financial crime compliance, AI agents that automate work and mitigate risk. Now, UiPath gives us the scale to grow faster than we ever could alone, without losing the heart of who we are, our people, our products, and our mission. Together, we’re creating something bigger than any one company: we are modernizing financial crime compliance. I’ve never been more excited for our future or more proud of the team carrying us there.” – Adam Famularo, CEO of WorkFusion.
“Financial institutions need intelligent solutions to combat sophisticated financial crimes and navigate evolving compliance requirements. Incorporating WorkFusion’s purpose-built AI agents for financial crime compliance into our platform expands our portfolio of agentic AI solutions for these industries, extending our ability to deliver comprehensive business orchestration and automation solutions to our customers. We’re delivering a powerful set of AI-powered solutions capable of automating and orchestrating critical compliance processes and workflows while working alongside people to deliver impact.” – Daniel Dines, CEO of UiPath.
