ThetaRay

ThetaRay is a fintech software and big data analytics company focused on providing AI-powered solutions for financial crime compliance. Its core mission is to empower financial institutions to effectively combat financial crime, including anti-money laundering (AML) transaction monitoring and sanctions screening. The company's headquarters are located in Hod HaSharon, Israel, with additional offices in key global financial hubs such as New York, Madrid, London, Dubai, and Singapore.

ThetaRay offers a suite of AI-based financial crime detection and compliance solutions, encompassing AI-powered transaction monitoring, AML detection, fraud prevention, and customer risk assessment. Its flagship product, SONAR, is a cloud-native SaaS AML solution that utilizes unsupervised machine learning to identify both known and previously unknown financial crime patterns. The company's technology is designed to serve a broad market segment, including banks, fintechs, and payment service providers globally.

In January 2026, Brad Levy was appointed as the new CEO, succeeding Peter Reynolds. More recently, in July 2026, ThetaRay appointed Luis Pinedo as Chief Strategic Customers Officer, a move aimed at scaling its enterprise AI compliance infrastructure across global tier-one banks. ThetaRay's technology currently monitors over $20 trillion in transactions annually and is implemented at leading financial institutions worldwide. The company positions itself by emphasizing its Cognitive AI and Agentic AI approach, which significantly reduces false positives and enhances compliance effectiveness, transforming regulatory obligations into a strategic advantage for its clients.