IT Legals
IT Legals (operating as Amlexa) is a Malta-based AML/CFT compliance technology company founded in 2014 that provides an AI-powered platform for automated remote customer due diligence, serving regulated enterprises in cryptocurrency, gaming, banking/finance/insurance, and professional services across global markets.
- Company typePrivate
- Founded2014
- HeadquartersSliema, Malta
- Headcount11–50
- GTM typeB2B
- OfferingSoftware
What IT Legals does
IT Legals Ltd (ITL), operating commercially as Amlexa, is a Malta-incorporated private company founded in 2014 that builds Anti-Money Laundering (AML) and Counter-Terrorist Financing (CFT) compliance technology for regulated businesses. The company serves customers in cryptocurrency and virtual asset services, gaming and gambling, banking and finance, insurance, professional services (auditors, lawyers, notaries, trust and company service providers), money transfer, real estate, and online trading. ITL is described as one of Malta's largest AML compliance consultancies and states it operates worldwide with an international team of AML compliance lawyers and experts.
The core product is AMLEXA, a web-based, AI- and ML-powered platform for automated remote Customer Due Diligence (CDD). It is built around four integrated modules — Identification (non-face-to-face biometric facial recognition matched against government-issued ID documents, with patented authentication technology), Verification (PEP, sanction, watchlist, and blacklist screening), Risk Assessment (a patented AI algorithm weighing customer, transaction, product/service, interface, and geographical risk), and Transaction Monitoring (a patented ML algorithm providing continuous ongoing monitoring with automatic risk profile reassignment). The platform is offered via API and can be white-labelled into client systems, and an Advanced Electronic Signature (AdES) module is compliant with EU eIDAS Regulation n. 910/2014. Three patents cover the authentication, risk assessment, and transaction monitoring technologies. Sector-specific modules exist for crypto VASPs, gaming, banking/finance/insurance, and professionals.
ITL monetises through four revenue streams: (1) subscription SaaS licensing of the AMLEXA platform, sold primarily via direct enterprise sales with API integration; (2) managed AML/KYC outsourcing and MLRO back-office legal services where ITL effectively acts as the client's compliance team; (3) self-serve AML e-learning courses sold through the itlegals.eu online store across multiple sectors; and (4) bespoke AML documentation and procedures services. Named enterprise customers include UniCredit Group, Banca Popolare di Vicenza, Banca Progetto, Axa, Aon, Marsh & McLennan, Agos, Mazars, Wilkie Farr & Gallagher, Cushman & Wakefield, Engel & Volkers, XTB, and ACE Money Transfer. The company has no disclosed external funding, no parent, no subsidiaries, and no management team publicly listed in available sources.
IT Legals firmographics
Firmographics- Name
- IT Legals
- Legal name
- IT Legals Ltd
- Website
- https://amlexa.com
- Company type
- Private
- Founded year
- 2014
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- IT Legals (operating as Amlexa) is a Malta-based AML/CFT compliance technology company founded in 2014 that provides an AI-powered platform for automated remote customer due diligence, serving regulated enterprises in cryptocurrency, gaming, banking/finance/insurance, and professional services across global markets.
- Ownership category
- akta.pro rank
IT Legals industry classification
Industry- Product category
- AML Compliance Software
- NAICS
- Investigation and Personal Background Check Services (561611)
- SIC
- Services-Legal Services (8111), Security & Commodity Brokers, Dealers, Exchanges & Services (6200)
- akta.pro primary industry
- AML/CTF Transaction Monitoring & Case Management (FSAGAFAC)
- akta.pro secondary industries
- AML/KYC, KYB & Identity Verification (VASP/Travel Rule) (FSAPAJAC), Identity Verification, KYC/KYB & AML Screening (MPAEAKAD), AML/CTF Compliance Programs & Monitoring (MPAEAOAD), AML Case Management, Alerts & Workflow Orchestration (FSADALAH), Fraud, Risk, KYC/AML & Compliance Platforms (BPAMAFAI), Financial Crime Compliance (AML/KYC/Sanctions) (EDABADAD)
Keywords
Where IT Legals is headquartered
LocationHeadquarters
- HQ city
- Sliema
- HQ country
- Malta
- HQ region
- Europe
Offices1 record
Markets served
IT Legals business model
Business model- GTM type
- B2B
- Offering type
- Software
- Cost components
- Personnel, Technology or R&D, Marketing or Sales, Operations, Others
Revenue model
- AML Software Platform Licensing: AMLEXA AI-powered AML software platform for automated customer due diligence, identification, verification, risk assessment, and transaction monitoring. Available as web-based software with API integration capabilities for cryptocurrency, gaming, financial, and professional sectors.
- AML Compliance Outsourcing Services: Managed services providing complete outsourcing of AML compliance functions including customer due diligence, KYC documentation, AML records, enhanced due diligence, and MLRO back office support. Acts as compliance team for subject persons.
- AML E-learning Training Courses: Online AML training courses sold through the company's online store (itlegals.eu) covering general AML, sector-specific courses for banking, finance, auditors, lawyers, real estate, gaming, and cryptocurrency sectors. Includes certification upon completion.
- AML Documentation and Procedures: Custom AML documentation services including AML manuals, AML registers, AML procedures, and compliance documentation for regulated entities.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Subscription | Pay-as-you-go | AML Online Training Courses - Sector-specific programs |
| Subscription | Annual | AML Software Platform - API-based SaaS |
| Subscription | Annual | AML Outsourcing Services - Managed compliance services |
Go-to-market motion2 records
Distribution channels3 records
Marketing channels4 records
IT Legals product offering
Product offeringCore offering
IT Legals develops and sells the AMLEXA AI-powered Anti-Money Laundering (AML) software platform for automated remote customer due diligence (KYC/CDD), covering identification, verification, risk assessment, and ongoing transaction monitoring. In addition to software licensing, the company provides outsourced AML compliance services (KYC, CDD, MLRO back-office support) and sector-specific e-learning courses for regulated industries including cryptocurrency, gaming, banking/finance, and professional services.
Product overview
AMLEXA is a cloud-based AI platform for Anti-Money Laundering (AML) compliance and remote customer due diligence. The platform consists of a core AML software with four integrated modules (Identification, Verification, Risk Assessment, and Transaction Monitoring) plus sector-specific variants for cryptocurrency, gambling/gaming, banking/finance, and professional services. Additional offerings include Digital Signature (AdES) for electronic document signing, E-Learning for AML training certification, Outsourcing services for CDD/KYC compliance, and Legal Back Office services for MLRO support. The platform uses patented AI and biometric authentication technologies for automated identity verification and real-time risk scoring.
Differentiator
Problem solved
Functional benefit
Brands
- AMLEXA: First Artificial Intelligence Platform for Remote Customer Due Diligence (CDD) that automates processes of Identification, Verification, Risk Assessment, and Ongoing Monitoring for cryptocurrency, gaming, financial, and professional sectors.
Products and services
- AMLEXA AML Platform Cloud-based AI-powered Anti-Money Laundering platform for automated remote customer due diligence (CDD). Web-based software integrating Identification, Verification, Risk Assessment, and Transaction Monitoring modules for cryptocurrency, gaming, banking/finance, and professional services sectors. Includes API integration, PEP/sanction screening, and AML certification.
- AMLEXA Digital Signature (AdES) Advanced Electronic Signature solution compliant with EU Regulation 910/2014 (eIDAS), enabling legally binding digital signatures on electronic contracts and AML declaration forms via SMS One Time Password (OTP) authentication.
- AML E-Learning Platform Online AML training platform delivering sector-specific e-learning courses with certification upon completion. Courses cover general AML plus sector tracks for banks, credit institutions, financial institutions, auditors, accountants, tax advisors, notaries, lawyers, real estate agents, trust & company service providers, art galleries/auction houses, gaming operators, and cryptocurrency exchanges/wallet providers.
- AML/KYC Outsourcing Services Outsourced AML compliance services acting as a client's compliance department. Includes Customer Due Diligence (CDD), KYC, beneficial owner verification, online identity verification, enhanced due diligence, risk analysis, and AML records management for regulated entities.
- AML Procedures and Documentation Custom AML compliance documentation services including AML manuals, AML registers (AUI), internal AML procedures, and tailored policy development for cryptocurrency, gaming, financial, and professional sectors.
- AML Legal Back Office Services (MLRO Support) Expert AML legal back-office service where ITL's team of AML compliance lawyers analyzes alerts and notifications generated by the AMLEXA software, investigates suspicious activity, prepares internal reports, and assists the client's MLRO in responding to FIU inquiries and reporting requirements.
Quantifiable outcome
- No employees required for AML compliance procedures
- +3 more outcomes
Companies that use IT Legals
Customer profileNamed customers25 records
Segments7 records
Ideal customer profiles3 records
IT Legals technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- Yes
- API docs
- API detail
Core technology
AI maturity
App detail
AI capability6 records
Feature5 records
IT Legals partnerships and signals
Strategic signalScale indicators3 records
Recent moves6 records
Expansion highlights6 records
IT Legals competitors and assessment
Company assessmentDirect peers
- Elliptic: Crypto-native AML and blockchain analytics platform providing transaction monitoring, wallet screening, and KYC for crypto businesses. Overlaps with Amlexa's cryptocurrency module and VASP-focused offerings.
- Chainalysis: Blockchain analytics and AML compliance platform for VASPs and crypto exchanges. Directly comparable to Amlexa's cryptocurrency module covering transaction monitoring and KYC for virtual asset service providers.
- Shufti Pro: AI-based KYC/AML verification platform serving banks, fintech, crypto, and iGaming. Directly comparable to Amlexa given overlapping verticals (crypto, gaming, finance), biometric verification, and AML transaction monitoring offerings.
- Sumsub: Global identity verification and AML/KYC platform serving crypto, fintech, gaming, and trading. Competes head-to-head with Amlexa in remote CDD, biometric verification, and AML transaction monitoring for VASPs and iGaming.
- Ondato: Lithuania-based KYC/AML compliance platform serving banks, fintech, and crypto clients across Europe. Closely comparable to Amlexa given similar EU focus, modular SaaS architecture, and target verticals including crypto and gaming.
- ComplyAdvantage: UK-based AI-driven AML/KYC platform offering transaction monitoring, customer screening, and beneficial ownership detection. Directly competes with Amlexa across banking, fintech, and crypto verticals with similar SaaS-plus-data positioning.
- Jumio: Identity verification and KYC/AML platform combining biometric authentication, document verification, and AML screening. Comparable to Amlexa's identification module across regulated industries including crypto, banking, and gaming.
- Onfido: AI-based digital identity verification provider offering document and biometric verification plus AML screening integrations. Directly comparable to Amlexa's identification and KYC verification capabilities for regulated enterprises.
- Veriff: Identity verification platform offering AI-powered document and biometric verification with AML screening integrations. Comparable to Amlexa's identification and verification modules for regulated fintech, crypto, and gaming operators.
Broad incumbents
- Refinitiv (World-Check / Risk & Compliance): Large incumbent KYC/AML data and screening provider (now part of LSEG) offering PEP/sanctions/watchlist screening used by major banks and corporates. Comparable to Amlexa's verification module but as part of a much broader financial data portfolio.
Market position
Competitive moat6 records
Key risks6 records
Key highlights7 records
Customer concentration
IT Legals social profiles
Digital presenceIT Legals financial estimates
Financial estimateRevenue estimate
Valuation estimate
IT Legals leadership team
Management profileNumber of profiles
IT Legals funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
IT Legals 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 IT Legals
What does IT Legals do?
IT Legals develops and sells the AMLEXA AI-powered Anti-Money Laundering (AML) software platform for automated remote customer due diligence (KYC/CDD), covering identification, verification, risk assessment, and ongoing transaction monitoring. In addition to software licensing, the company provides outsourced AML compliance services (KYC, CDD, MLRO back-office support) and sector-specific e-learning courses for regulated industries including cryptocurrency, gaming, banking/finance, and professional services.
Is IT Legals a public or private company?
IT Legals is a private company. It is classified as unknown and is currently operating.
When was IT Legals founded?
IT Legals was founded in 2014. It employs 11 to 50 people.
Where is IT Legals based?
IT Legals is headquartered in Sliema, Malta, in the Europe region.
How does IT Legals make money?
Four revenue lines are on record. AML Software Platform Licensing is the primary driver. The others are AML Compliance Outsourcing Services, AML E-learning Training Courses and AML Documentation and Procedures.
Who are IT Legals's main competitors?
Direct peers on record are Elliptic, Chainalysis, Shufti Pro, Sumsub, Ondato, ComplyAdvantage, Jumio, Onfido and Veriff. Refinitiv (World-Check / Risk & Compliance) is listed as a broad incumbent.
Does IT Legals have an API?
Yes. AMLEXA is described as a web-based AML compliance software that is 'easily customizable and integrable with API into any system with a minimum configuration'. The platform offers API Integration as a key feature, enabling fast and easy integration with external systems.
What industry is IT Legals in?
IT Legals's product category is AML Compliance Software. Its primary akta.pro industry code is FSAGAFAC, AML/CTF Transaction Monitoring & Case Management, with a secondary code of FSAPAJAC, AML/KYC, KYB & Identity Verification (VASP/Travel Rule). Its NAICS code is 561611 and its SIC code is 8111.