Neterium
Neterium is a Belgium-based RegTech providing cloud-native watchlist and transaction screening REST APIs (JetScan and JetFlow) for banks, fintechs, insurers, and capital markets, embedding ML-powered compliance infrastructure into partner platforms via a SaaS subscription and usage-based model.
- Company typePrivate
- Founded2017
- HeadquartersLouvain-la-neuve, Belgium
- Headcount11–50
- GTM typeB2B
- OfferingSoftware
What Neterium does
Neterium is a Belgium-based RegTech company, founded in 2017 and headquartered in Louvain-la-Neuve, that provides cloud-native watchlist and transaction screening infrastructure for financial crime compliance. The company operates a focused, single-domain product strategy: two complementary REST API products — JetScan for counterparty screening (KYC and ongoing monitoring) and JetFlow for real-time transaction screening (fully ISO20022 compatible) — built on a shared matching engine that combines parallel computing, Machine Learning, rules-based logic, and geolocation. Differentiating features include Holistic Matching across all data points, an EXPLAIN function producing audit-grade explanations of detection decisions, Priority Scoring, multi-tenancy with per-request configuration, and a Zero Footprint architecture that avoids storing customer PII. Certifications include ISO 27001 (2023) and SOC 2 Type II.
Neterium sells exclusively through an API-first, partner-embedded distribution model rather than direct end-customer sales. Revenue is generated via SaaS subscriptions and usage-based API pricing with annual billing cadence; pricing is not publicly disclosed. The company embeds its screening APIs into partner platforms and solutions across four verticals — banks, digital platforms (fintechs, payment providers, crypto exchanges), insurers, and capital markets — and integrates with leading watchlist data providers including Dow Jones, LSEG/World-Check, Kharon, Acuris, and Open Sanctions. Named platform partners include SAS (joint Real-Time Watchlist Screening on SAS Viya), Feedzai, Altares-Dun & Bradstreet, Cascade, Lucinity, GSS, ION Treasury, and Deloitte.
The company is privately held with no disclosed external funding rounds and an estimated 11–50 employees. Leadership combines deep screening domain expertise (CTO Thomas Gilbert has been building screening engines since 2001; CPO Pascal Aerens has co-developed four screening solutions since 2003) with senior payments and FCC experience from SWIFT, McKinsey, and JPMorgan in CEO Luc Meurant. Anchor enterprise deployments include Erste Group (live since October 2024, supporting 17 million+ customers across seven Central and Eastern European markets) and Orange Bank (reported 65% reduction in false positives with ~10ms screening times via the SAS-Neterium solution).
Neterium firmographics
Firmographics- Name
- Neterium
- Legal name
- Neterium SRL
- Website
- https://neterium.io
- Company type
- Private
- Founded year
- 2017
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- Neterium is a Belgium-based RegTech providing cloud-native watchlist and transaction screening REST APIs (JetScan and JetFlow) for banks, fintechs, insurers, and capital markets, embedding ML-powered compliance infrastructure into partner platforms via a SaaS subscription and usage-based model.
- Ownership category
- akta.pro rank
Neterium industry classification
Industry- Product category
- Regulatory Technology (RegTech) — Watchlist Screening
- NAICS
- Investigation and Personal Background Check Services (561611)
- SIC
- Finance Services (6199)
- akta.pro primary industry
- Name Matching, Entity Resolution & Screening Optimization (FSAMAMAE)
- akta.pro secondary industries
- PEP & Adverse Media Screening / Watchlist Monitoring (FSAMAMAD), AML/Financial Crime for Securities (KYC, Sanctions, PEP) (FSACAJAE), AML/CTF & Sanctions Screening for Markets (Broker/Exchange Monitoring) (FSAFAKAE), Sanctions Screening & Watchlist/PEP Screening (Crypto) (FSADALAC)
Keywords
Where Neterium is headquartered
LocationHeadquarters
- HQ city
- Louvain-la-neuve
- HQ country
- Belgium
- HQ region
- Europe
Offices1 record
Markets served
Neterium business model
Business model- GTM type
- B2B
- Offering type
- Software
- Cost components
- Personnel, Technology or R&D, Infrastructure, Marketing or Sales, Operations
Revenue model
- SaaS API Subscriptions: Neterium offers Software as a Service watchlist screening solutions accessible through standardized REST APIs. Clients and partners integrate screening capabilities into their platforms. Revenue generated through API usage and subscription fees for cloud-native screening infrastructure.
- API Usage-Based Pricing: APIs designed to scale automatically and handle very large peak demand with no impact on performance or SLA. Solutions process thousands of requests per second, with pricing likely scaling with usage volume.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Subscription | Annual | Enterprise SaaS API access with sandbox and production environments |
Go-to-market motion3 records
Distribution channels4 records
Marketing channels7 records
Neterium product offering
Product offeringCore offering
Neterium provides Software-as-a-Service watchlist screening solutions delivered through standardized REST APIs for financial crime compliance. The platform offers two complementary products: JetScan for counterparty (KYC) screening and JetFlow for real-time transaction screening, both built on a cloud-native, AI-powered matching engine that combines Machine Learning, rules-based logic, and geolocation to reduce false positives.
Product overview
Neterium provides a SaaS watchlist screening platform delivered through two complementary REST API products: Jetscan for counterparty/entity screening (KYC and ongoing monitoring) and Jetflow for transaction screening (real-time payment screening). Both products share the same underlying matching engine with Machine Learning, rules-based logic, and geolocation capabilities, providing holistic matching, explainability features, and priority scoring. The APIs are designed for rapid integration (hours to test, days to deploy), auto-scaling infrastructure, and zero footprint data protection.
Differentiator
Problem solved
Functional benefit
Brands
- Jetscan: Counterparty screening API designed to facilitate KYC processes by verifying counterparties for ongoing monitoring and real-time customer onboarding.
- Jetflow
- Neterium Talks
- FCC-7 Podcasts
Products and services
- JetScan Highly efficient counterparty screening API designed to facilitate KYC processes by verifying counterparties for ongoing monitoring and real-time customer onboarding. Processes thousands of requests per second with extremely low false positive rates without configuration or tuning, integrated via standard REST API in days.
- JetFlow Infinitely scalable transaction screening API designed to process financial transactions in real-time. Fully ISO20022 compatible through standard REST API, automatically scales to handle thousands of transactions per second with screening times of approximately 10 milliseconds and extremely low false positive rates.
Quantifiable outcome
- 65% reduction in false positives reported by Orange Bank
- +3 more outcomes
Companies that use Neterium
Customer profileNamed customers5 records
Segments4 records
Ideal customer profiles3 records
Neterium technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- Yes
- API docs
- API detail
Core technology
AI maturity
App detail
Integration13 records
AI capability3 records
Feature9 records
Neterium partnerships and signals
Strategic signalPartnerships
Twelve partnerships are on record, tiered core and secondary.
- FeedzaicoreStrategic partnership integrating Neterium's cloud-native transaction screening infrastructure into Feedzai's existing watchlist screening capabilities. Creates unified real-time customer and transaction screening solution for financial institutions. Aims to reduce false positives, enable real-time compliance, and minimize vendor integrations required by compliance teams.
- SAScorePartnership delivering SAS Real-Time Watchlist Screening built on SAS Viya platform. Solution features real-time entity and payment screening, AI-powered fuzzy and semantic matching algorithms, and automated watchlist updates. Achieved Category Leader positioning in Chartis RiskTech Quadrants.
- Erste GroupcoreErste Group went live with Neterium's next-generation transaction screening in October 2024. System supports 17+ million customers across 7 core markets in Central and Eastern Europe. Year-long integration with extensive testing and full-scale parallel run completed.
- Dow Jones Risk & CompliancecoreData partnership offering Dow Jones's high-quality sanctions and risk data integrated with Neterium's screening APIs. Neterium hosts, updates, and manages watchlists for joint clients.
- LSEGcoreData partnership with LSEG (London Stock Exchange Group) providing access to World-Check and other risk data integrated through Neterium APIs. Joint webinars and events on instant payments and sanctions screening.
- KharoncoreData partnership with Kharon providing specialized risk analytics and sanctions data. Joint webinar planned on Smarter Compliance Screening with Integrated Intelligence.
- Acuris Risk IntelligencesecondaryData partnership providing access to Acuris risk and compliance data integrated with Neterium screening APIs.
- Open SanctionssecondaryData partnership with Open Sanctions offering open-source sanctions data through Neterium APIs.
- GSScoreGSS selected Neterium as exclusive watchlist screening technology partner. Joint white paper on centralized sanctions screening solutions and industry initiatives.
- LucinitysecondaryPartnership providing real-time transaction and counterparty screening through Lucinity's FinCrime prevention software platform.
- ION TreasurysecondaryExpanded cooperation with ION Treasury for treasury management screening integration.
- DeloittesecondaryTechnology partnership with Deloitte for consulting and implementation services related to Neterium screening solutions.
Scale indicators7 records
Recent moves6 records
Expansion highlights6 records
Neterium competitors and assessment
Company assessmentEmerging players
- Silent Eight: Silent Eight is a Singapore-headquartered AI-driven name and transaction screening platform that competes head-on with Neterium's JetScan and JetFlow. Both target banks with explainable AI, low-false-positive screening and real-time processing.
- ThetaRay: ThetaRay provides AI-based AML and sanctions screening solutions to banks and fintechs. Its AI-driven screening focuses on transaction monitoring and customer screening, overlapping the use cases Neterium addresses through JetFlow and JetScan.
- Lucinity: Lucinity is a Neterium technology partner that embeds Neterium's screening APIs into its FinCrime prevention software. As an emerging FinCrime platform, it also competes for the same bank/fintech AML modernisation wallet against Neterium's larger bundled platform partners.
Broad incumbents
- Oracle Financial Crime and Compliance Management: Oracle offers a full AML/sanctions platform to tier-1 banks competing head-to-head with Neterium's screening APIs at the enterprise level. As a broad incumbent, Oracle bundles screening inside a comprehensive financial crime suite rather than via standalone APIs.
- NICE Actimize: NICE Actimize provides enterprise-grade AML, KYC, and transaction monitoring suites to large banks, competing against Neterium at the platform layer. It is a broader incumbent whose screening functionality is part of a wider financial crime portfolio rather than a focused API product.
- Finastra: Finastra offers financial crime compliance and core banking platforms to global banks, often bundled with KYC and screening tooling. As a broad incumbent, it competes with Neterium where banks seek integrated compliance stacks rather than headless screening APIs.
Direct peers
- Dow Jones Risk & Compliance: Dow Jones is both a Neterium data partner and competing vendor through its Risk & Compliance screening tools and watchlist feeds. It targets the same sanctions/PEP screening buyers served by JetScan and JetFlow, often in bundled offerings.
- SAS Real-Time Watchlist Screening: SAS is both a Neterium platform partner (via SAS Viya-based screening) and a direct vendor selling 'SAS Real-Time Watchlist Screening' powered by Neterium to banks like Orange Bank. As a partner with internal AML capabilities, it occupies a hybrid competitor/partner role analogous to the OEM channel.
- LSEG World-Check Risk Intelligence: LSEG is both a Neterium data partner and a direct competitor through its World-Check KYC and Risk Intelligence screening platform serving global banks. It competes on the same counterparty screening and watchlist use cases that Neterium's JetScan addresses.
- Fircosoft: Fircosoft is a long-standing specialist in sanctions and transaction screening, founded by Neterium CTO Thomas Gilbert's former colleagues. It is the closest direct competitor in watchlist screening algorithms for banks and payment screening, with overlapping enterprise customer base and similar name-matching technology roots.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks5 records
Key highlights7 records
Customer concentration
Neterium social profiles
Digital presenceNeterium compliance and trust
Trust signalCompliance2 records
Neterium financial estimates
Financial estimateRevenue estimate
Valuation estimate
Neterium leadership team
Management profileNumber of profiles
Profiles7 records
Neterium funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Neterium 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 Neterium
What does Neterium do?
Neterium provides Software-as-a-Service watchlist screening solutions delivered through standardized REST APIs for financial crime compliance. The platform offers two complementary products: JetScan for counterparty (KYC) screening and JetFlow for real-time transaction screening, both built on a cloud-native, AI-powered matching engine that combines Machine Learning, rules-based logic, and geolocation to reduce false positives.
Is Neterium a public or private company?
Neterium is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was Neterium founded?
Neterium was founded in 2017. It employs 11 to 50 people.
Where is Neterium based?
Neterium is headquartered in Louvain-la-neuve, Belgium, in the Europe region.
How does Neterium make money?
Two revenue lines are on record. SaaS API Subscriptions are the primary driver. The others are API Usage-Based Pricing.
Who are Neterium's main competitors?
Emerging players on record are Silent Eight, ThetaRay and Lucinity. Broad incumbents are Oracle Financial Crime and Compliance Management, NICE Actimize and Finastra. Direct peers are Dow Jones Risk & Compliance, SAS Real-Time Watchlist Screening, LSEG World-Check Risk Intelligence and Fircosoft.
Does Neterium have an API?
Yes. Neterium offers REST API solutions for watchlist screening. The Jetscan API provides counterparty screening for KYC processes and real-time customer onboarding, while the Jetflow API enables real-time transaction screening with ISO20022 compatibility. APIs scale automatically to handle thousands of requests per second with extremely low false positive rates, without configuration or tuning. Developers can access sandbox environments for testing with basic sanctions lists, and can contact Neterium for unlimited test instance access. Developer documentation is at portal.neterium.io.
What industry is Neterium in?
Neterium's product category is Regulatory Technology (RegTech) — Watchlist Screening. Its primary akta.pro industry code is FSAMAMAE, Name Matching, Entity Resolution & Screening Optimization, with a secondary code of FSAMAMAD, PEP & Adverse Media Screening / Watchlist Monitoring. Its NAICS code is 561611 and its SIC code is 6199.