Amlyze, a Vilnius, Lithuania-based RegTech firm specializing in anti-financial crime solutions for FinTechs, neo-banks, and crypto businesses, raised USD1M in Pre-Seed funding.
The round was led by Practica Capital, with participation from the Firstpick accelerator and venture capital fund.
The company intends to use the funds to scale its Software-as-a-Service (SaaS) business, facilitate international expansion, and introduce advanced functionalities to its core product offering.
Led by CEO Gabrielius Bilkštys, Amlyze is a Software-as-a-Service (SaaS) provider offering a suite of anti-financial crime solutions. It specializes in anti-money laundering, financial fraud prevention, and financial market supervision and delivers technology solutions that streamline AML/CFT and compliance processes to unprecedented levels of efficiency. Their comprehensive modules include real-time and retrospective transaction monitoring, customer risk assessment, and AML investigation.
The company has a current client base primarily located in the Baltic States and the United Kingdom.
FinSMEs
22/05/2023