ComplyAdvantage announces ComplyLaunch, a free AML program for early-stage startups

2021-04-28 01:30

ComplyAdvantage announced a new early-stage anti-money laundering program aimed at growth-focused startups called ComplyLaunch.

The program provides qualified startups with free access to the company's AML and Know Your Customer tools and resources needed to uncover and reduce the threat of money-laundering activities so they can onboard new customers with lower risk and greater trust.

ComplyAdvantage has partnered with the global financial crime compliance consultancy FINTRAIL to provide AML education and ongoing training for program participants.

"At ComplyAdvantage, we believe that free early access to AML tools and education on setting up a compliance program is a benefit to our entire fintech ecosystem," said Charles Delingpole, founder and CEO of ComplyAdvantage.

"We're excited to join as a launch partner for ComplyLaunch and to provide program members with access to our world-class AML training", said James Nurse, Managing Director of FINTRAIL EMEA. "There are future fintech unicorns waiting to grow and early money-laundering and risk prevention resources will only help them to reach their success, faster."

"And finally, Max Rimple a Principal at Index Ventures and a lead investor in ComplyAdvantage also shared his thoughts on the program launch,"with the staggering amount of investment capital going into fintech and related financial services, it's important that startups have early access to intelligent AML and risk management tools so they can grow with integrity and confidence.

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