BitDATA Exchange
BitDATA Exchange (bitex.sg) is a Singapore-based fintech that provides AI-driven AML, KYC compliance, and Web3 address risk analytics via subscription APIs to 150+ traditional banks, digital asset platforms, and RegTech integrators across 25+ countries.
- Company typePrivate
- Founded2019
- HeadquartersSingapore, Singapore
- Headcount11–50
- GTM typeB2B
- OfferingSoftware
What BitDATA Exchange does
BitDATA Exchange (operating as bitex.sg) is a Singapore-headquartered, private fintech founded in 2019 that builds AI-driven compliance and security technology for both traditional financial institutions and Web3 businesses. Its platform centers on four products: an AI Anti-Money Laundering Engine using machine learning and Graph Neural Networks for behavior recognition across multi-currency and cross-border transactions; a Global Data Compliance System with real-time scoring and dynamic threshold alarms that integrates with KYC workflows; a Smart Payment Screening API for automated audit and Suspicious Activity Report (SAR) generation; and Web3 Address Risk Modeling for smart contract pattern recognition, DeFi asset path analysis, and on-chain transaction tracking. The underlying technology stack incorporates homomorphic encryption and federated learning for privacy-preserving model training and a proprietary, explainable model framework, supporting multi-standard compliance coverage (MAS, FATF, GDPR) and ISO/IEC 27001 certification with SOC 2 Type II audit in progress.
The company monetizes through an API-first, subscription- and usage-based SaaS model, distributing compliance modules directly to enterprise buyers and via OEM/embedded integration with RegTech platforms. It reports 150+ financial institution customers, 100M+ transactions monitored, and 25+ countries served, targeting primary segments in traditional banking and digital asset platforms with secondary coverage of RegTech platform providers and financial infrastructure operators. The go-to-market is enterprise field sales, evidenced by demo-request and trial-request CTAs and a consultative sales motion. The company has raised $30,000,000 in a single 2019 funding round, has 11–50 employees, and is led by founder and CEO Ken Wong; no revenue figures, follow-on funding events, or institutional investor identities are disclosed.
BitDATA Exchange firmographics
Firmographics- Name
- BitDATA Exchange
- Legal name
- BitDATA Exchange
- Website
- https://bitex.sg
- Company type
- Private
- Founded year
- 2019
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- BitDATA Exchange (bitex.sg) is a Singapore-based fintech that provides AI-driven AML, KYC compliance, and Web3 address risk analytics via subscription APIs to 150+ traditional banks, digital asset platforms, and RegTech integrators across 25+ countries.
- Ownership category
- akta.pro rank
BitDATA Exchange industry classification
Industry- Product category
- Regulatory Technology (RegTech) — AI Compliance and Security Software
- NAICS
- Financial Transactions Processing, Reserve, and Clearinghouse Activities (522320)
- SIC
- Security & Commodity Brokers, Dealers, Exchanges & Services (6200), Finance Services (6199)
- akta.pro primary industry
- Governance, Controls & Policy Automation (GRC for Web3) (FSAPAJAG)
- akta.pro secondary industry
- Settlement, Reconciliation & Merchant Treasury Tools (Crypto) (FSADAIAK)
Keywords
Where BitDATA Exchange is headquartered
LocationHeadquarters
- HQ city
- Singapore
- HQ country
- Singapore
- HQ region
- Asia
Offices1 record
Markets served
BitDATA Exchange business model
Business model- GTM type
- B2B
- Offering type
- Software
- Cost components
- Technology or R&D, Personnel, Infrastructure, Operations, Marketing or Sales
Revenue model
- API Services and SaaS Platform: Bitex.sg generates revenue through API-based compliance services and modular SaaS platform offerings. The company provides AI-powered AML, compliance screening, and Web3 risk modeling services on a subscription or usage basis, with 'Ready-to-Use API Documentation and SDK' indicating a developer-centric revenue model.
Go-to-market motion1 record
Distribution channels2 records
Marketing channels1 record
BitDATA Exchange product offering
Product offeringCore offering
BitDATA Exchange (bitex.sg) provides AI-driven compliance and security technology services for anti-money laundering, data security, and regulatory compliance. It delivers a modular fintech platform with four core products — AI Anti-Money Laundering Engine, Global Data Compliance System, Smart Payment Screening API, and Web3 Address Risk Modeling — together with ready-to-use API documentation and SDKs for integration by financial institutions and digital asset platforms.
Product overview
BitDATA Exchange (bitex.sg) offers a modular fintech platform for AI-driven compliance and security technology targeting Web3 businesses and traditional financial institutions globally. The core product suite includes the AI Anti-Money Laundering Engine, Global Data Compliance System, Smart Payment Screening API, and Web3 Address Risk Modeling. These are complemented by modular applications including Traditional Banking Compliance Modules, Compliance Extensions for Digital Asset Platforms, RegTech Platform Integration, and Financial Infrastructure Services. The platform provides enhanced AI modeling capability, ready-to-use API documentation and SDK, and supports multi-standard compliance coverage (MAS, FATF, GDPR).
Differentiator
Problem solved
Functional benefit
Brands
- AI Anti-Money Laundering Engine: Behavior recognition model with multi-currency and cross-border behavior modeling capabilities.
- Global Data Compliance System
- Smart Payment Screening API
- Web3 Address Risk Modeling
Products and services
- AI Anti-Money Laundering Engine
Quantifiable outcome
- 100M+ transactions monitored across 25+ countries
Companies that use BitDATA Exchange
Customer profileSegments4 records
Ideal customer profiles4 records
BitDATA Exchange technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- Yes
- API docs
- API detail
Core technology
AI maturity
App detail
AI capability4 records
Feature6 records
BitDATA Exchange partnerships and signals
Strategic signalScale indicators3 records
Recent moves6 records
Expansion highlights5 records
BitDATA Exchange competitors and assessment
Company assessmentDirect peers
- Chainalysis: Market-leading blockchain analytics and compliance platform used by financial institutions, crypto exchanges, and regulators for AML, sanctions screening, and transaction monitoring — directly overlaps with BitDATA's Web3 Address Risk Modeling and AML Engine.
- TRM Labs: Blockchain intelligence platform for crypto compliance, fraud detection, and investigations, serving banks, exchanges, and regulators — a direct competitor to BitDATA's on-chain analytics and AML offerings.
- Elliptic: Provides blockchain analytics and crypto AML/compliance tooling for financial institutions and digital asset businesses, with deep coverage of transaction monitoring and wallet screening — closely comparable to BitDATA's compliance stack.
- ComplyAdvantage: AI-driven AML, KYC, and transaction-monitoring platform used by banks, fintechs, and crypto businesses — competes with BitDATA's Smart Payment Screening API and Global Data Compliance System.
- Sumsub: Identity verification, KYC/AML, and fraud prevention platform serving crypto exchanges, banks, and fintechs — overlaps with BitDATA's KYC-integrated compliance and SAR reporting modules.
- Crystal Intelligence (Bitfury): Blockchain analytics and compliance platform offering transaction monitoring and risk scoring for VASPs and financial institutions — comparable to BitDATA's Web3 address risk and AML offerings.
Emerging players
- Merkle Science: Next-generation blockchain analytics and compliance startup focused on predictive risk monitoring for crypto businesses and regulators — emerging alternative in the same compliance analytics niche.
- Scorechain: Provides blockchain analytics, AML, and risk scoring solutions for crypto companies and financial institutions, with strong presence in Europe and APAC — comparable to BitDATA's cross-border compliance coverage.
- Solidus Labs: Crypto-native market integrity and AML surveillance platform for exchanges and token issuers — addresses adjacent regulatory and compliance needs for digital asset platforms that BitDATA also serves.
- Hawk AI: AI-driven AML and transaction surveillance platform purpose-built for banks and fintechs, including crypto-exposed institutions — directly comparable to BitDATA's AI AML Engine and payment screening API.
Market position
Strengths4 records
Weaknesses4 records
Competitive moat4 records
Key highlights6 records
Customer concentration
BitDATA Exchange social profiles
Digital presenceBitDATA Exchange compliance and trust
Trust signalCompliance3 records
BitDATA Exchange financial estimates
Financial estimateRevenue estimate
Valuation estimate
BitDATA Exchange leadership team
Management profileNumber of profiles
Profiles1 record
BitDATA Exchange funding detail
Funding detailFunding overview
Funding rounds1 record
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
BitDATA Exchange M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about BitDATA Exchange
What does BitDATA Exchange do?
BitDATA Exchange (bitex.sg) provides AI-driven compliance and security technology services for anti-money laundering, data security, and regulatory compliance. It delivers a modular fintech platform with four core products — AI Anti-Money Laundering Engine, Global Data Compliance System, Smart Payment Screening API, and Web3 Address Risk Modeling — together with ready-to-use API documentation and SDKs for integration by financial institutions and digital asset platforms.
Is BitDATA Exchange a public or private company?
BitDATA Exchange is a private company. It is classified as unknown and is currently operating.
When was BitDATA Exchange founded?
BitDATA Exchange was founded in 2019. It employs 11 to 50 people.
Where is BitDATA Exchange based?
BitDATA Exchange is headquartered in Singapore, Singapore, in the Asia region.
How does BitDATA Exchange make money?
One revenue line is on record: API Services and SaaS Platform.
Who are BitDATA Exchange's main competitors?
Direct peers on record are Chainalysis, TRM Labs, Elliptic, ComplyAdvantage, Sumsub and Crystal Intelligence (Bitfury). Emerging players are Merkle Science, Scorechain, Solidus Labs and Hawk AI.
Does BitDATA Exchange have an API?
Yes. Provides API interface services for Smart Payment Screening to automatically generate audits and reports (SAR). Includes Ready-to-Use API Documentation and SDK. Offers modular deployment with enhanced AI modeling capability for multi-standard compliance coverage. Developer documentation is at www.bitex.sg.
What industry is BitDATA Exchange in?
BitDATA Exchange's product category is Regulatory Technology (RegTech) — AI Compliance and Security Software. Its primary akta.pro industry code is FSAPAJAG, Governance, Controls & Policy Automation (GRC for Web3), with a secondary code of FSADAIAK, Settlement, Reconciliation & Merchant Treasury Tools (Crypto). Its NAICS code is 522320 and its SIC code is 6200.