KYC Wallet

What KYC Wallet does

KYC Wallet (legally Complianx GmbH, registered in Frankfurt am Main, Germany) is a B2B SaaS provider of KYC/AML compliance software for banks and financial institutions that serve corporate clients. Founded in 2017 by a team of bankers, compliance officers, corporate treasurers, and scientists, the company targets the manual, slow, and fragmented corporate onboarding workflows that traditional banks still rely on, offering a modular platform that the company claims can complete KYC in minutes rather than weeks. The platform is built around automated company verification, automated ultimate beneficial owner (UBO) determination with configurable calculation methods and thresholds, PEP/sanctions/adverse media screening via third-party APIs, extended due diligence (EDD), risk scoring and classification, and auditable reporting for regulators.

The underlying technology is an API-first, modular workflow engine that supports on-premises or cloud deployment, role-based access, and integration with 90+ public and commercial company registers covering 100+ million companies worldwide. Screening for PEPs, sanctions, and adverse media is delivered through third-party API integrations rather than in-house models, and the platform is positioned to support compliance with FATF, FSA, FINMA, Hong Kong Monetary Authority, MAS, BaFin, FCA, and GDPR. Distribution is exclusively direct enterprise field sales — customers engage via a "Request a Demo" mechanism, and pricing is quote-based on an annual subscription cadence; no public pricing tiers or named customer logos are disclosed on the company's materials.

Name

KYC Wallet

Legal name

Complianx GmbH

Website

https://kycwallet.com

Company type

Private

Founded year

2017

Operating status

Operating

Headcount range

11–50 employees

Short description

KYC Wallet (Complianx GmbH) is a B2B SaaS platform that automates KYC and AML compliance for banks and financial institutions serving corporate clients. Its modular workflow engine integrates with 90+ company registers and third-party screening APIs to deliver UBO determination, screening, EDD, and audit-ready reporting.

Ownership category

akta.pro rank

Product category

RegTech / KYC-AML Compliance Software

akta.pro industry

PRIMARYFSAGAFAB

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

Financial & Insurance/Financial Technology (Fintech)/RegTech (Compliance, KYC/AML, Fraud, Identity)

SECONDARYFSAMAMAK

Beneficial Ownership (UBO) & Corporate Registry Verification (KYB)

Financial & Insurance/Payments & Transaction Processing/Payment Compliance, KYC/AML & Screening

SECONDARYBPAMAFAI

Fraud, Risk, KYC/AML & Compliance Platforms

Business & Public Services/Web, Mobile & Digital Platforms/Payments, Wallets & Digital Banking Platforms

Keywords

• KYC compliance software
• AML verification platform
• Beneficial owner determination
• Regulatory compliance solutions
• Corporate onboarding automation

Headquarters

HQ city

Amsterdam

HQ country

Netherlands

HQ region

Europe

Offices2 records

Markets served

GTM type

B2B

Offering type

Software

Cost components

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

Revenue model

1. SaaS Subscription: KYC Wallet operates as a B2B SaaS platform providing KYC/AML software to financial institutions. The platform appears to follow a subscription model based on the enterprise sales motion and demo-request only approach. Pricing is quote-based for enterprise customers.

Pricing tiers

Go-to-market motion2 records

Distribution channels1 record

Marketing channels3 records

Core offering

KYC Wallet is a modular, end-to-end SaaS platform that automates KYC and AML workflows for banks onboarding and monitoring corporate clients. It consolidates company verification across 90+ registers, UBO determination, PEP/sanctions/adverse-media screening, Extended Due Diligence, risk classification, collaborative data collection, and regulatory reporting into a single configurable workflow engine.

Product overview

KYC Wallet is a unified end-to-end KYC/AML platform designed for banks serving corporate clients. The platform operates as a modular system that adapts to individual bank KYC/AML policies, incorporating a core KYC Wallet Platform with integrated modules for UBO determination, company verification, screening services (PEP, sanctions, adverse media), Extended Due Diligence (EDD), collaborative information exchange, risk scoring, and audit reporting. The platform aggregates all customer data into a single standardized KYC file and provides access to 90+ public and commercial company registers worldwide.

Differentiator

Problem solved

Functional benefit

Products and services

• KYC Wallet Platform

Quantifiable outcome

• 35% cost reduction in KYC processes
• +3 more outcomes

Segments2 records

Ideal customer profiles1 record

Technology focussed Yes

API detail

Has API

Yes

API docs

API detail

Core technology

AI maturity

App detail

Integration4 records

AI capability3 records

Feature6 records

Partnerships

One partnership is on record.

• Third-Party Screening Service ProviderscoreTechnology or IntegrationIntegrated third-party services including PEP (Politically Exposed Persons), sanctions lists, and adverse media screening through API integrations. These integrations extend the platform's compliance capabilities without KYC Wallet building these services in-house.

Scale indicators4 records

Recent moves6 records

Expansion highlights5 records

Market position

Competitive moat5 records

Key risks6 records

Key highlights6 records

Customer concentration

• Facebookfacebook.com/kycwallet
• LinkedInlinkedin.com/company/kycwallet

Compliance9 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

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 Wallet