What AML GO does

AML GO is a South African cloud-based SaaS platform that provides anti-money laundering (AML) and credit risk screening tools to accountable institutions regulated under the Financial Intelligence Centre Act (FICA). Founded in 2023 and headquartered in Centurion, the platform screens customers, employees, and transactions against global sanctions, PEP, PIP, TFS, and adverse media lists in real time, using machine learning algorithms to assign risk scores and risk bands based on country, industry, and source of funds factors. Core product modules include real-time AML screening, KYC and customer due diligence, transaction monitoring, bank account and statement verification, address verification, automated regulatory reporting (SARs), and custom Risk Management and Compliance Programme (RMCP) development and review.

The platform serves banks and financial services providers, estate agents, legal practitioners, long-term insurance companies, crypto asset service providers, high-value goods dealers, gaming companies, and foreign exchange dealers across South Africa. AML GO monetizes through a credit-based usage pricing model (pay-as-you-go, R7.00 down to R1.00 per real-time enquiry at higher volumes; R1.75 down to R0.25 per batch enquiry) supplemented by one-time professional services engagements for custom RMCP development (from R7,000) and RMCP review (from R2,500). Go-to-market combines a product-led self-serve motion — free registration with 25 credits — with sales-assisted enterprise onboarding via demos and direct contact.

Name

AML GO

Legal name

AML GO

Website

https://amlgo.co.za

Company type

Private

Founded year

2023

Operating status

Operating

Headcount range

11–50 employees

Short description

AML GO is a South African SaaS platform providing real-time AML screening, KYC, transaction monitoring, and credit risk tools to FICA-regulated accountable institutions including banks, estate agents, legal firms, insurers, and crypto providers.

Ownership category

akta.pro rank

Product category

Regulatory Compliance Software (RegTech / AML)

NAICS

Investigation and Personal Background Check Services (561611)

akta.pro primary industry

Fraud, Risk, KYC/AML & Compliance Platforms (BPAMAFAI)

akta.pro secondary industries

Customer Identity (KYC/CDD/EDD) & Onboarding (FSAMAMAA), Case Management, Investigations & SAR/STR Filing (FSAMAMAF), AML/CTF Transaction Monitoring & Case Management (FSAGAFAC), Data, Evidence & Document Verification (IDV) for KYC (FSAMAMAN)

Keywords

• Anti-money laundering screening
• KYC verification platform
• FICA compliance software
• Sanctions screening software
• Credit risk assessment

Headquarters

HQ city

Centurion

HQ country

South Africa

HQ region

Africa

Offices1 record

Markets served

GTM type

B2B

Offering type

Software

Cost components

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

Revenue model

1. Credit-based API Enquiries: Usage-based model where customers purchase credits to perform AML screening, PEP checks, sanctions screening, and risk assessments. Volume tiers provide discounted per-enquiry rates for higher volume purchasers. Both real-time and batch processing options available.
2. RMCP Development and Implementation: Professional services for developing and implementing custom Risk Management and Compliance Programmes (RMCP) for accountable institutions. Includes RMCP review services.

Pricing tiers

Go-to-market motion1 record

Distribution channels2 records

Marketing channels4 records

Core offering

AML GO operates a cloud-based Anti-Money Laundering and Credit Risk screening SaaS platform that enables South African accountable institutions to conduct real-time and batch screening of customers, employees, and transactions against global PEP, PIP, TFS, sanctions, and adverse media lists. The platform bundles KYC tools, risk matrix assessments, transaction monitoring, regulatory reporting (SARs), bank account and statement verification, and address verification into a single client onboarding workflow aligned with FICA and FIC requirements. Revenue is generated through credit-based pay-as-you-go screening enquiries (realtime and batch) and separate professional services for custom Risk Management and Compliance Programme (RMCP) development and review.

Product overview

AML GO is a single unified SaaS platform for Anti-Money Laundering (AML) and Credit Risk solutions targeting South African accountable institutions. The platform offers a Client Onboarding Platform providing essential modules including Realtime AML Screening (PEP, Sanctions, Adverse Media checks with Risk Matrix assessments), KYC Tools (identity verification, affordability calculations, proof of address), Risk Assessments (due diligence tools), Transaction Monitoring (real-time analysis), Regulatory Reporting (automated SAR filing), Bank Verification, Bank Statement Aggregation, and Address Verification. Additional services include RMCP development and review. The platform screens against PEP lists, Sanctions lists, Adverse Media lists, and Global Watchlists with daily updates and uses machine learning algorithms for risk scoring. Free registration provides 25 credits; volume pricing ranges from R 7.00 per enquiry for 1-500 credits down to R 1.00 per enquiry for 500,001+ credits.

Differentiator

Problem solved

Functional benefit

Products and services

• Realtime and Batch Anti-Money Laundering Screening

Quantifiable outcome

• Daily updates to PEP, PIP, and sanctions lists ensuring regulatory compliance with latest data

Segments8 records

Ideal customer profiles2 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

AI capability6 records

Feature6 records

Recent moves5 records

Expansion highlights4 records

Direct peers

• ComplyAdvantage: ComplyAdvantage offers AI-driven AML/KYC, sanctions/PEP screening, transaction monitoring, and customer risk scoring through a unified SaaS platform. It is a direct competitor to AML GO with global coverage and substantially greater scale, competing for the same accountable-institution buyer in financial services.
• Veriff: Veriff delivers AI-powered identity verification, KYC onboarding, and AML compliance tools. It is a direct peer because it offers the same identity-verification and KYC workflow components that AML GO provides, including PEP/sanctions screening integrations.
• Sumsub: Sumsub provides an all-in-one identity verification, KYC/AML, transaction monitoring, and fraud prevention platform. It competes directly with AML GO for regulated onboarding use cases across fintech, crypto, and gaming verticals, and similarly targets accountable institutions globally.
• Onfido: Onfido provides AI-based digital identity verification and KYC/AML onboarding solutions for regulated businesses. It is comparable to AML GO in its productized identity verification, document checks, and PEP/sanctions screening workflow modules.
• Trulioo: Trulioo operates a global identity verification and AML/KYC platform covering 195+ countries with business and individual verification. It competes directly with AML GO for enterprise clients needing AML screening and onboarding compliance across multiple regulated verticals.

Emerging players

• ID.me: ID.me offers identity verification and KYC/AML solutions for regulated industries including financial services and government. It is an emerging peer with similar identity verification, document checks, and risk scoring capabilities that overlap with AML GO's onboarding workflow.
• Persona: Persona provides a unified identity verification, KYC, and AML platform targeting fintech and digital businesses. It is an emerging peer with comparable KYC/onboarding functionality to AML GO, particularly for crypto and fintech accountable institutions.

Broad incumbents

• Refinitiv World-Check (LSEG): Refinitiv World-Check, now part of LSEG, is the established incumbent for KYC/AML screening data, providing global watchlists, PEP data, and adverse media feeds. It is a broader incumbent that offers screening as a core data service rather than an end-to-end onboarding platform like AML GO.
• LexisNexis Risk Solutions: LexisNexis Risk Solutions offers AML, KYC, fraud detection, and compliance data solutions across financial services, insurance, and government. It is a broad incumbent with deeper global data assets and serves many of the same regulated verticals as AML GO.
• Dow Jones Risk & Compliance: Dow Jones Risk & Compliance provides PEP, sanctions, adverse media, and watchlist data used by compliance teams worldwide. It is a broader incumbent and data provider that powers many KYC/AML platforms, including potentially AML GO's underlying screening data sources.

Market position

Strengths1 record

Weaknesses1 record

Competitive moat3 records

Key risks6 records

Key highlights6 records

Customer concentration

• Facebookfacebook.com/AML-GO-61568691626043
• LinkedInlinkedin.com/company/aml-go

Revenue estimate

Valuation estimate

Number of profiles

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 AML GO