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Advapay and Complytek strike alliance on compliance

Complytek, a leader in AML compliance solutions, and Advapay, a specialist in core banking systems, have partnered to offer fintech companies a complete end-to-end solution—ensuring that businesses can grow their business while remaining fully compliant with local and global regulations.

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Complytek provides innovative AML compliance tools, including AI-powered AML screening, onboarding automation, transaction monitoring, and risk assessment. These tools are designed to streamline complex compliance processes, enabling fintech companies to stay compliant and minimize risks.

Meanwhile, Advapay delivers core banking software—a comprehensive front-end and back-end system, and Embedded Payments solutions to empower businesses in efficiently setting up robust payment infrastructures.

This partnership ensures that while both companies maintain their own unique offerings, fintech businesses can easily benefit from the integrated solution. By combining the strengths of each company, fintech clients have the ability to optimize their operations for growth and compliance.

Faisal Islam, CEO of Complytek, explains, “Our technology is designed to simplify compliance, giving fintech companies peace of mind when navigating complex regulatory frameworks. Our partnership with Advapay ensures that fintech businesses are well-equipped to handle both banking operations and compliance seamlessly.”

Gustav Korobov, Head of Sales at Advapay, emphasizes, “Through our collaboration with Complytek, we can offer our fintech clients a comprehensive solution. The seamless integration of our core banking systems with Complytek’s compliance tools provides a unique

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