AMLYZE Raises €2.35 Million in Seed Round
AMLYZE, a Vilnius, Lithuania-based RegTech company focused on anti-financial crime solutions for banks, FinTechs, and Virtual Asset Service Providers (VASPs), has raised €2.35 million in seed funding.
The round was led by Practica Capital, with participation from FIRSTPICK, Coinvest Capital, NGL, and international investors such as Advanzia Bank.
The funds will accelerate the development of AMLYZE’s AI-driven cross-border information-sharing platform, designed to enhance financial compliance and streamline processes globally.
Practica Capital is a premier early-stage venture capital firm dedicated to supporting Baltic founders. With over €130 million in assets under management and a robust portfolio, Practica Capital invests in ambitious companies at the seed and Series A stages.
AMLYZE is a RegTech SaaS provider offering a comprehensive suite of AML/CFT solutions for financial service providers. Its advanced modules include real-time transaction monitoring, customer risk assessment, and screening for politically exposed persons (PEPs), sanctions, and adverse media. AMLYZE leverages cutting-edge technologies, including artificial intelligence and synthetic data, to enhance the detection and prevention of financial crimes. One of its key offerings is the development of a cross-border information-sharing platform, which aims to facilitate collaboration among financial institutions.
Funding Details
Company: UAB AMLYZE
Raised: €2.35M
Round: Seed Round
Funding Date: October 2024
Lead Investor: Practica Capital
Additional Investors: FIRSTPICK, Coinvest Capital, NGL, Advanzia Bank
Company Website: https://amlyze.com/
Software Category: AML Solutions