KYC Spider

What KYC Spider does

KYC Spider AG is a Swiss RegTech company founded in 2003 as a joint venture between compliance consultancy MME and ETH Zurich spin-off Eurospider Information Technology AG, and now operating as a business unit of Eurospider following the 2024 formal 'Fusion' merger. The company provides a digital KYC/AML compliance platform, the KYC Toolbox, which combines a daily-updated structured KYC Records database covering PEP, sanctions, crime/reputation, high-risk country, and economic background information with web-based screening tools, EDD reports, onboarding chatbots, document storage, blockchain address risk checks, and FINMA-compliant video identification via partners such as Intrum AG and IDnow. The platform is offered both as a self-service subscription (the KYC Toolbox, priced via a virtual KYC Coins usage system on annual auto-renewing contracts) and as a managed service (KYC Expert, with custom enterprise contracts where KYC Spider performs the full process on the customer's behalf), with API/Web Service integration for automated client-side screening. It serves over 500 customers primarily across Swiss banking, asset management, insurance, fintech/blockchain/crypto, casino/gambling, and industrial/trading companies, leveraging Swiss data residency, FINMA alignment, and an embedded partner ecosystem to deliver regulated compliance automation. In December 2025, Eurospider appointed Eva Selamlar as Co-CEO alongside founder Peter Schäuble to lead the next growth phase focused on combating money laundering and terrorist financing.

Name

KYC Spider

Legal name

KYC Spider AG

Website

https://kyc.ch

Company type

Private

Founded year

2003

Operating status

Operating

Headcount range

1–10 employees

Short description

KYC Spider is a Swiss RegTech company providing the KYC Toolbox platform and KYC Expert managed service for digital KYC/AML compliance, serving 500+ banks, asset managers, insurers, fintechs, crypto firms, casinos, and industrial clients across Switzerland and Europe.

Ownership category

akta.pro rank

Product category

Regulatory Technology (KYC/AML Compliance Software)

NAICS

Investigation and Personal Background Check Services (561611), Computer Systems Design and Related Services (54151)

SIC

Services-Computer Integrated Systems Design (7373)

akta.pro primary industry

KYC/KYB & Customer Onboarding (CIP, beneficial ownership, screening) (FSAGAFAB)

akta.pro secondary industries

KYC/KYB, Identity Verification & Customer Due Diligence (FSAFAOAE), Fraud, Risk, KYC/AML & Compliance Platforms (BPAMAFAI), KYC/KYB Identity Verification & Onboarding (FSADALAA), AML/KYC, KYB & Identity Verification (VASP/Travel Rule) (FSAPAJAC)

Keywords

• KYC compliance software
• AML compliance platform
• Regulatory technology
• Customer identity verification
• Adverse media screening

Headquarters

HQ city

Zug

HQ country

Switzerland

HQ region

Europe

Offices2 records

Markets served

GTM type

B2B

Offering type

Software

Cost components

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

Revenue model

1. KYC Toolbox Subscription: Subscription-based access to KYC compliance platform with coin-based usage system. Subscription term is 365 days, auto-renewing unless terminated 3 months prior. Prices are net totals excluding VAT.
2. KYC Coins: Virtual balance system where coins are debited based on service usage according to valid price list. Coins are not transferable and not refundable. Additional coins purchasable anytime.
3. KYC Expert: Full-service compliance outsourcing where KYC performs the KYC process for customers. Custom offer based on chatbot consultation, invoiced separately.
4. Video Identification: Third-party video identification service provided through partnership with Intrum AG, integrated into KYC platform.

Pricing tiers

Go-to-market motion3 records

Distribution channels4 records

Marketing channels6 records

Core offering

KYC Spider provides a digital KYC/AML compliance platform (KYC Toolbox) accessed via web or API, combining a structured KYC Records database covering PEP, sanctions, crime and high-risk country data with screening algorithms, EDD reports, video identification, chatbots, and document storage. The company also offers a managed KYC Expert service where its staff perform the full KYC process on behalf of clients. The offering serves banks, asset managers, fintechs, insurance companies, casinos, and industrial/trading companies needing customer and supplier screening under Swiss and EU regulations.

Product overview

KYC Spider offers a unified RegTech platform centered on the KYC Toolbox and KYC Expert managed service, supplemented by specialized modules. The KYC Toolbox provides web-based access to core tools including Check, Verify Risks, Enhanced Due Diligence Report, Onboarding Chatbot, Document Store, and BlockChain Crypto Property (BCP) Check. KYC Expert extends this by having KYC Spider staff perform the complete KYC process on behalf of clients. The platform is underpinned by KYC Records — structured data covering PEP, sanctions lists, crime information, and country risk — all maintained on Swiss servers with daily updates. A public API enables automated integration. Services are priced via a KYC Coins virtual currency system.

Differentiator

Problem solved

Functional benefit

Products and services

• KYC Toolbox Comprehensive web-based compliance platform providing KYC checks, EDD reports, video identification, intelligent chatbots, and document storage for financial intermediaries, banks, insurance, fintechs, casinos, and industry clients, accessible via web interface or API.
• KYC Expert Managed service offering where KYC Spider staff perform the complete KYC process for clients' customers, suppliers, and business relationships using the KYC Toolbox, with custom offers based on chatbot consultation.
• KYC Records Structured and processed reference database covering PEP, sanctions lists, terrorist lists, crime and reputation-related information, high-risk country connections, and economic background data, updated daily from defined public sources.
• Enhanced Due Diligence (EDD) Report Detailed enhanced due diligence reports for high-risk customers or situations requiring scrutiny beyond standard KYC checks.
• BlockChain Crypto Property (BCP) Check Verification service for blockchain addresses using BitRank that provides a risk rating for a specific blockchain crypto property, enabling crypto exchange and crypto-asset compliance screening.
• Video Identification Video-based customer identification and verification service provided in cooperation with Intrum AG, compliant with FINMA Circular 2016/7 requirements.
• Onboarding Chatbot Intelligent chatbot used during customer onboarding and for KYC Expert offer creation, gathering necessary KYC information through conversational interfaces.
• Document Store Long-term storage service for KYC files and documents beyond the standard four-week retention period, with optional extended storage for audit purposes.

Quantifiable outcome

• Automated compliance processes reduce manual workload for compliance officers
• +2 more outcomes

Named customers19 records

Segments6 records

Ideal customer profiles6 records

Technology focussed Yes

API detail

Has API

Yes

API docs

API detail

Core technology

AI maturity

App detail

Integration4 records

AI capability7 records

Feature4 records

Partnerships

Four partnerships are on record, tiered core and minor.

• Eurospider Information Technology AGcoreTechnology or Integration · 1 January 2003KYC Spider was founded in 2003 as a joint venture between MME (Compliance) and Eurospider (Information retrieval and AI). Eurospider is an ETH Zurich spin-off and leads in semantic technologies, data analysis, and machine learning. KYC Spider was acquired by Eurospider two years ago (around 2024).
• MMEcoreStrategic or Co-development Partner · 1 January 2003MME is an innovative consulting firm for law, taxes, and compliance. They support and represent companies and individuals in all economic matters in Switzerland and internationally. Co-founder of KYC Spider providing compliance expertise.
• CURENTIS AGminorImplementation/ SI/ Consulting PartnerCURENTIS AG in Zurich is a reliable partner for consulting and business process outsourcing in AML and Core Banking (Avaloq). The engaged team of 40 consultants combines proven expertise with innovation for tailored solutions. Supports KYC process, transaction monitoring, regulatory implementation, and risk analysis.
• Green CapitalminorStrategic or Co-development PartnerPart of KYC Spider ecosystem for sustainability-focused compliance.

Scale indicators3 records

Recent moves7 records

Expansion highlights7 records

Direct peers

• Veriff: Identity verification and KYC platform serving fintechs, crypto businesses, and financial institutions. Comparable in the AI-driven onboarding and document/sanctions screening layer, with growing European presence overlapping KYC Spider's mid-market segment.
• Onfido: AI-based digital identity verification provider offering KYC, document verification, and AML screening via API to banks, fintechs, and crypto platforms. Comparable on the identity-verification layer that KYC Spider delivers through partnerships with Intrum/IDnow.
• Sumsub: All-in-one identity verification and AML/KYC platform serving fintechs, crypto, and banks with onboarding, document verification, and screening. Direct competitor in the API-driven KYC space, particularly relevant for KYC Spider's fintech, crypto, and BCP Check offerings.
• ComplyAdvantage: London-headquartered RegTech offering AML/KYC screening, transaction monitoring, and customer onboarding for banks, fintechs, and crypto firms. Directly comparable in product scope (PEP/sanctions, adverse media, KYC onboarding) and customer verticals, with materially larger scale.
• IDnow: European identity verification platform offering video identification, e-signature, and KYC/AML compliance. KYC Spider partners with IDnow for video ID; IDnow is both an ecosystem partner and a direct competitor in regulated onboarding across DACH and broader Europe.

Broad incumbents

• LexisNexis Risk Solutions: Global data and analytics provider offering KYC, AML, beneficial ownership, and identity verification solutions to financial services and regulated industries. Overlaps with KYC Spider across onboarding, screening, and compliance workflows at significantly greater scale.
• Refinitiv World-Check (LSEG): Industry-standard KYC risk intelligence database (now part of LSEG) covering PEP, sanctions, adverse media, and beneficial ownership. Overlaps directly with KYC Spider's KYC Records and screening modules and serves many of the same bank and asset manager clients globally.
• Dow Jones Risk & Compliance: Provides PEP/sanctions/adverse-media screening data and due diligence reports to financial institutions and corporates. Comparable core offering to KYC Spider's structured KYC Records database and EDD reports, with broader geographic coverage.

Emerging players

• TRM Labs: Blockchain intelligence and crypto compliance platform offering KYC, transaction monitoring, and wallet screening for VASPs and crypto exchanges. Directly comparable to KYC Spider's BCP Check and crypto compliance module via BitRank/Merkle Science, with stronger crypto-native depth.

Others

• Intrum AG: Swiss identity-as-a-service and digital onboarding provider — partner in KYC Spider's video identification offering. Relevant as both an ecosystem partner and a Swiss-headquartered competitive force in regulated onboarding workflows.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks5 records

Key highlights6 records

Customer concentration

• Xx.com/KycSpider
• LinkedInlinkedin.com/company/kyc-spider-ag

Compliance3 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles8 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 KYC Spider