Sri Lankan fintech wins $350,000+ in Google AI Credits
View(s):Dossiers, a Sri Lankan compliance technology company, has won US$350,000+ worth of credits from Google’s Gemini product suite, with an initial $100,000 already awarded. The award will enable Dossiers to dramatically expand its proprietary compliance database across South Asia and other emerging markets.
The development comes at a critical time for Sri Lanka, as the country prepares for its 2026 FATF/APG mutual evaluation on anti-money laundering, the company said in a media release.
Dossiers offers three core products for financial institutions: PEP Screening, Sanctions and High-Risk Customer Flagging, and Customer Onboarding. These are powered by a proprietary database built over years of investment, aggregating publicly available information from newspaper archives, government records, company registrations and other open sources. Western data providers lack deep coverage for South Asia and fail to account for local challenges such as naming conventions, where a common name like “Mohomed” or “Perera” generates a high volume of false positives for compliance teams.
“Building high-quality compliance data in emerging markets is a complex, resource-intensive challenge. Our AI-first approach allows us to structure and verify information at scale, and this support from Google significantly accelerates our ability to expand across South Asia and other emerging markets,” said Nisal Periyapperuma, Founder & CEO of Dossiers.
Its team previously built WatchDog, a widely recognised citizen journalism platform in Sri Lanka, reflecting a strong foundation in open-source intelligence and information verification capabilities that underpin the development of high-quality compliance data. The company is currently raising a round of funding to accelerate product development and expand across emerging markets.
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