AMLYZE onboards Advanzia Bank as client and investor in compliance tech push

By Gloria Methri

AMLYZE, a provider of Anti-Money Laundering (AML) and Countering the Financing of Terrorism (CFT) solutions, has announced the onboarding of Advanzia Bank,  a European digital bank, as both a client and investor.

Advanzia, known for its Cards-as-a-Service offering and digital-first approach, serves over 2.8 million credit card customers across Europe. To bolster its compliance infrastructure and support sustainable growth, the bank has adopted AMLYZE’s Transaction Monitoring and Customer Screening modules.

This partnership marks a significant milestone in AMLYZE’s expansion into Western Europe, with Luxembourg—home to a thriving financial services ecosystem—serving as a strategic entry point.

“It’s a privilege to welcome Advanzia Bank as our newest client,” said Gabrielius Erikas Bilkštys, CEO of AMLYZE.
“This collaboration shows how our solutions help modern financial institutions scale securely, enhance compliance, and future-proof their operations. We are excited to support Advanzia’s continued innovation with our regulatory expertise and modular technology.”

Advanzia Becomes Strategic Investor

The collaboration goes beyond software deployment. Advanzia Bank is also participating as an institutional investor in AMLYZE’s latest funding round. This dual engagement underscores the bank’s confidence in AMLYZE’s mission to redefine AML/CFT practices through smarter, more agile technology.

“At Advanzia Bank, we are committed to embracing innovation that strengthens our compliance framework,” said Nishant Fafalia, CEO of Advanzia Bank. Partnering with AMLYZE allows us to optimise processes, mitigate financial crime risks, and uphold regulatory excellence. Our investment reflects strong confidence in AMLYZE’s role in reshaping AML technology for the financial sector.”

With AMLYZE’s advanced compliance suite, Advanzia gains robust capabilities for transaction monitoring and customer screening, covering sanctions lists, politically exposed persons (PEPs), and adverse media. The modular platform is designed to provide efficient risk detection, streamlined operations, and proactive compliance, enabling banks to stay ahead of fast-evolving threats while scaling responsibly.