Amlyze, a RegTech startup based out of Vilnius, has scored $1m in a pre-seed investemt headed by Practica Capital.
Also participating in the raise were Lithuania’s Firstpick accelerator as well as its venture capital fund.
Founded in 2019, Amlyze offers fully integrated solutions that aims to make the compliance process for users much more accessible, smoother, and efficient.
The company said it offers a sustainable solution to minimize financial and white-collar crime. The firm has a goal to help its clients not only to fulfil their compliance obligations imposed by the regulators but to increase security levels to a higher level, actualizing companies’ internal standards and avoiding reputational and financial damage…
Read full article: https://fintech.global/2023/05/18/lithuanian-regtech-amlyze-garners-1m-pre-seed-investment/
