UiPath buys WorkFusion to strengthen AML and KYC automation

By Vriti Gothi

UiPath has acquired WorkFusion, a provider of AI agents focused on financial crime compliance, as the automation software company deepens its presence in banking and financial services. The transaction closed in UiPath’s first quarter of fiscal 2027. Financial terms were not disclosed.

The deal brings WorkFusion’s pre-built AI agents into the UiPath platform, expanding its portfolio of industry-specific automation solutions. WorkFusion’s technology is designed to automate labour-intensive compliance tasks across anti-money laundering (AML), know your customer (KYC), customer screening and investigations—areas facing growing regulatory scrutiny and operational complexity.

Financial institutions are under increasing pressure to strengthen controls against fraud, money laundering and sanctions breaches, while also managing rising compliance costs. Manual review processes, high case volumes and evolving regulatory expectations have driven demand for AI-enabled tools that can improve detection accuracy and reduce turnaround times. By integrating WorkFusion’s AI agents with its broader agentic automation and orchestration platform, UiPath aims to offer banks a more unified approach to managing compliance workflows.

According to UiPath, the combined platform will enable financial institutions to automate end-to-end processes, identify complex risk patterns and prioritise cases requiring human review, while maintaining governance, security and regulatory controls. The acquisition aligns with the company’s broader strategy to expand its agentic AI capabilities software agents designed to execute tasks autonomously within defined workflows.

“Financial institutions need intelligent solutions to combat sophisticated financial crimes and navigate evolving compliance requirements,” said Daniel Dines, CEO of UiPath. He added that incorporating WorkFusion’s purpose-built AI agents would extend the company’s ability to deliver orchestration and automation solutions tailored to regulated industries.

Adam Famularo, CEO of WorkFusion, described the transaction as an opportunity to scale the company’s financial crime compliance technology within a larger platform. “Together, we’re creating something bigger than any one company: we are modernising financial crime compliance,” he said.

The acquisition reflects a broader trend in the FinTech and enterprise software sectors, where automation providers are moving beyond generic workflow tools toward verticalised, compliance-focused AI solutions. As banks continue to invest in technology to manage regulatory risk and operational efficiency, targeted AI capabilities in areas such as AML and KYC are becoming central to digital transformation strategies.