AMLYZE and TransactionLink announce partnership

Author
AMLYZE
Published
January 3, 2024
AMLYZE and TransactionLink

AMLYZE, a leading RegTech specializing in anti-financial crime solutions for FinTechs, banks and crypto businesses, is excited to announce a strategic partnership with TransactionLink, the Berlin-based no-code platform, in a move that will transform the landscape of Anti-Money Laundering (AML) and Know Your Customer (KYC) automation.

This collaboration will enable TransactionLink’s clients to have most stages of their AML journey handled by AMLYZE.

Previously known for its open banking services, TransactionLink has now unleashed its innovative drag-and-drop builder, enabling companies to create unique onboarding processes and revolutionize their AML/KYC efforts.

TransactionLink’s is a no-code platform that has disrupted the way businesses handle AML/KYC compliance. Its intuitive drag-and-drop builder allows companies to design their own onboarding processes, tailored to their specific needs, and take control of the KYC data collection and verification processes. This cutting-edge solution simplifies compliance while enhancing efficiency and security.

AMLYZE is a Software-as-a-Service (SaaS) provider that was founded by former regulators, AML/CFT and IT experts. It specializes in combating financial crime. AMLYZE’s comprehensive suite of solutions encompasses real-time and retrospective transaction monitoring, clients risk scoring, AML/CFT investigation as well as PEP, sanctions, and adverse media screening. By joining forces with Transaction Link, AMLYZE is poised to deliver an even more robust and user-friendly solution to their clients.

“We are thrilled to partner with TransactionLink,” said Jekaterina Govina, Head of Partnerships and Regulatory Affairs, at AMLYZE. “This collaboration will allow us to provide our clients with an unparalleled AML/KYC automation solution. Transaction Link’s, being a no-code platform, is a game-changer, enabling businesses to adapt their AML processes to their specific needs, all within a secure and compliant framework.”

TransactionLink’s CEO and founder, Mateusz Pniewski, shared his enthusiasm about the partnership, saying, “This partnership with AMLYZE aligns perfectly with our mission to simplify and democratize the AML/KYC compliance process. AMLYZE’s reputation in the industry and their expertise in RegTech, driven by former regulators, makes them the ideal partner as we work together to create innovative, user-friendly solutions that empower businesses.”

The partnership between AMLYZE and TransactionLink signifies a major leap forward in the realm of AML/KYC compliance. Together, they will offer businesses a holistic, user-centric approach to managing regulatory compliance. By combining AMLYZE’s expertise in RegTech and TransactionLink’s cutting-edge no-code platform, clients will be able to streamline their AML/KYC processes like never before.

About AMLYZE:

AMLYZE is a Software-as-a-Service (SaaS) RegTech offering a suite of anti-financial crime solutions for all types of financial services providers.

Comprehensive modules include real-time and retrospective transaction monitoring, customer risk assessment, AML/CFT investigations, PEP, sanctions, and adverse media screening.

The company’s products have been developed by a team of AML experts and former regulators leveraging an extensive experience in supervising financial institutions while working with central banks and law enforcement agencies.

Being regulatory insiders and understanding the pain points of market participants from the inside has enabled the creation of cutting-edge technology solutions that streamline AML/CFT and compliance processes to unprecedented levels of efficiency.

Last year, the company successfully closed a €1 million pre-seed investment round led by Practica Capital, one of the leading venture capital firms in the Baltics, and FIRSTPICK, an accelerator and venture capital fund investing in technology companies across the Baltics.

For more information, visit AMLYZE website and LinkedIn page.

About TransactionLink:

TransactionLink is a Berlin-based no-code platform that empowers businesses to create their own unique onboarding processes and streamline AML/KYC compliance. Their intuitive drag-and-drop builder revolutionizes the way companies handle KYC data collection and verification, making the process more efficient and secure.

In October last year, TransactionLink raised a €5 million seed round. The round was led by White Star Capital and includes participation from existing investor Target Global and angel investment from existing and new investors.

The platform now offers over 150 ready-made integrations to the most common KYB/KYC data sources across more than 100 geographies – it can be fully white-labeled.

For more information, visit TransactionLink website, LinkedIn, or X page.

About the author

Author
AMLYZE
AMLYZE is a fully automated service created for the financial sector and businesses that are obliged to comply with AML/CFT regulations.

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