Fynhaus

What Fynhaus does

Fynhaus B.V. is a privately held Dutch banking software company founded in 2021 and headquartered in Amsterdam, with development and management personnel distributed across the Netherlands, Belgium, and Lebanon. The company sells a modular RegTech platform to financial institutions, built around four proprietary products: FORTE™ (end-to-end Anti-Money Laundering with real-time transaction analysis, sanction list screening, and risk-based KYC classification), TEMPO™ (SWIFT gpi payment tracking and traceability compliant with SWIFT gpi Standard Release 2021), LEGATO™ (an ISO 20022 transformer that automatically converts MT to MX/CBPR+ messages with data validation), and ALTO™ (FATCA and CRS regulatory reporting with case management). All products run on a shared platform featuring multi-institution hosting, GDPR-compliant data handling, LDAP authentication, Camunda-based workflow orchestration, and FYNConnect™, an integration middleware supporting multiple protocols (SOAP/REST, MQ/JMS, FTP/SFTP, database, UNC).

Fynhaus generates revenue primarily through enterprise software licensing of its RegTech products, with deployment and integration services delivered through channel partners. Its go-to-market relies on direct enterprise sales to financial institutions combined with strategic implementation partnerships with Turnkey Systems and MDSL, particularly in emerging markets. The disclosed customer base is concentrated in Iraq, where the company has signed partnerships with Iraqi Islamic Bank, Investment Bank of Iraq, and Ashur International Bank. Complementary technology alliances with Svipe (identity verification), Diligencia (corporate intelligence for Africa and the Middle East), Kyckr, Osphera, and edgeEvolve support a one-stop-shop KYC/AML/KYB proposition. Ownership rests with co-founders Jalal Haddad (CMO, Managing Partner) and Karim Sinno (CTO, Managing Partner); no external funding rounds or institutional investors have been disclosed.

Name

Fynhaus

Legal name

Fynhaus B.V.

Website

https://fynhaus.com

Company type

Private

Founded year

2021

Operating status

Operating

Headcount range

1–10 employees

Short description

Fynhaus B.V. is an Amsterdam-based RegTech software vendor founded in 2021 that sells modular AML, SWIFT gpi tracking, ISO 20022 transformation, and FATCA/CRS reporting products (FORTE™, TEMPO™, LEGATO™, ALTO™) to banks, with disclosed customers concentrated in Iraq.

Ownership category

akta.pro rank

Product category

Banking RegTech Software

NAICS

Financial Transactions Processing, Reserve, and Clearinghouse Activities (522320), Financial Transactions Processing, Reserve, and Clearinghouse Activities (52232)

SIC

Finance Services (6199)

akta.pro primary industry

Regulatory Reporting & Compliance Automation (FinCEN/CTR/SAR, EMIR/MiFID, etc.) (FSAGAFAG)

akta.pro secondary industry

Risk Scoring, Decisioning & Orchestration (rules, ML, workflow) (FSAGAFAF)

Keywords

• Banking software
• Regulatory compliance
• AML solutions
• Payment messaging
• Fraud detection

Headquarters

HQ city

Amsterdam

HQ country

Netherlands

HQ region

Europe

Offices2 records

Markets served

GTM type

B2B

Offering type

Software

Cost components

Personnel, Technology or R&D, Operations, Marketing or Sales, Infrastructure

Revenue model

1. Software Licensing: Enterprise software licensing for banking RegTech solutions (FORTE, TEMPO, LEGATO, ALTO). Solutions are offered as full end-to-end platforms with modular components, some available as standalone products (e.g., Name Checking module).
2. Professional Services: Implementation and deployment services through strategic partnerships with system integrators like Turnkey Systems and MDSL. Includes configuration, integration, and ongoing support.

Go-to-market motion2 records

Distribution channels2 records

Marketing channels3 records

Core offering

Fynhaus is a banking software vendor that delivers RegTech solutions to financial institutions covering Anti-Money Laundering (FORTE™), SWIFT gpi payment traceability (TEMPO™), ISO 20022 message transformation (LEGATO™), and FATCA/CRS regulatory reporting (ALTO™), supported by the FYNConnect™ integration layer for core banking connectivity.

Product overview

Fynhaus offers a unified banking software platform with four core RegTech solutions built on a common core foundation. FORTE™ is the end-to-end AML solution for transaction monitoring, sanctions screening, and risk-based classification. TEMPO™ provides SWIFT gpi payment traceability and compliance tracking. LEGATO™ handles ISO 20022 message format transformation between MT and MX standards. ALTO™ manages FATCA and CRS regulatory reporting. These solutions share platform features including data manipulation, business process management (Camunda BPM), multi-institution architecture, GDPR compliance, LDAP authentication, and advanced reporting. FYNConnect™ serves as the integration middleware layer enabling connectivity to core banking systems and third-party providers.

Differentiator

Problem solved

Functional benefit

Brands

• FORTE™: End-to-End Anti Money Laundering solution providing real-time transaction analysis, pattern detection, name checking against sanction lists (OFAC, UK Treasury Consolidated List, UN, FATF), and risk-based classification combining KYC and financial elements.
• TEMPO™
• LEGATO™
• ALTO™
• FYNConnect™

Products and services

• FORTE™ End-to-end Anti-Money Laundering solution providing real-time transaction analysis, pattern detection over longer durations, name checking against sanctions lists (OFAC, UK Treasury Consolidated List, UN, FATF), and risk-based classification combining KYC and financial category elements. Includes Name Checking module available as standalone product.
• TEMPO™ Advanced SWIFT gpi Tracking solution for cross-border payment traceability, providing faster payments, higher transparency, accurate traceability, and detailed charge breakdowns. Available in three variants from strict compliance features to full advanced parametrization, fully compliant with SWIFT gpi Standard Release 2021.
• LEGATO™ Modular ISO 20022 Transformer that automatically translates any format including SWIFT MT to its MX counterpart and vice versa, with data validation and full traceability. Pre-loaded with required transformation mappings for fast deployment and enables better AML control and regulatory reporting through richer transaction data.
• ALTO™ FATCA & CRS Reporting solution providing comprehensive A-Z capability from detection, through case management, to report generation. Features rule-based analysis with preset and customizable detection mechanisms, a visual reporting engine, secure encryption, and secure data transfer.
• FYNConnect™ Embedded plug-in layer enabling communication through multiple protocols (UNC folders/files, database tables/views, FTP/SFTP/FTPS, SOAP/REST APIs, MQ/JMS messaging, HTTP/HTTPS) for integration with core banking solutions and third-party providers. Supports custom adapters for flexible, rapid deployment.

Quantifiable outcome

• Faster cross-border payments with higher transparency and accurate traceability
• +2 more outcomes

Named customers3 records

Segments1 record

Ideal customer profiles1 record

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration2 records

AI capability4 records

Feature7 records

Partnerships

Four partnerships are on record, tiered core and strategic.

• Turnkey SystemscoreImplementation/ SI/ Consulting Partner · 31 August 2024Turnkey Systems is a key implementation partner for Fynhaus, collaborating on multiple client deployments including Iraqi Islamic Bank (FORTE AML solution) and Ashur International Bank (advanced AML solution).
• MDSLcoreTechnology or Integration · 19 March 2024MDSL partnered with Fynhaus for the Investment Bank of Iraq project, where Fynhaus' LEGATO solution works in collaboration with MDSL for transfer information automation.
• DiligenciastrategicStrategic or Co-development Partner · 7 November 2022Strategic partnership with Diligencia, a leading provider of corporate intelligence and due diligence solutions in Middle East and Africa. Focuses on KYB processes, compliance screening, and client onboarding with seamless integration into Fynhaus platform.
• SvipestrategicStrategic or Co-development Partner · 26 September 2022Strategic partnership with Svipe, a pioneer in cryptographic identification verification. This collaboration provides a one-stop-shop for AML and KYC regulatory compliance, combining Svipe's passport/identity verification with Fynhaus' AML solutions.

Scale indicators3 records

Recent moves6 records

Expansion highlights4 records

Broad incumbents

• Oracle Financial Services Anti Money Laundering:
• NICE Actimize: Large incumbent AML, fraud, and compliance platform vendor serving global banks. Directly competes with Fynhaus FORTE™ in the AML transaction monitoring and sanctions screening space but operates at much larger scale with broader product portfolio.
• SAS Anti-Money Laundering: Enterprise analytics vendor with a flagship AML and financial crimes suite used by major global banks. Competes with FORTE™ on AML transaction monitoring and pattern detection but offers a broader data analytics platform beyond RegTech.
• FICO (Tonbeller / Siron): Provides AML, fraud detection, and financial compliance solutions acquired via Tonbeller/Siron. Directly competes with Fynhaus in the bank AML space with deeper global footprint and larger sales organization.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat4 records

Key risks5 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/fynhaus

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Profiles2 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Fynhaus