Advapay and Complytek Join Forces to Provide Fintechs with Integrated Compliance and Core Banking Solutions
Complytek, a leader in AML compliance solutions, and Advapay, a specialist in core banking systems, have formed a strategic alliance to deliver a comprehensive end-to-end solution for fintech companies—allowing businesses to scale while staying fully compliant with both local and international regulations.
Complytek offers cutting-edge AML tools, including AI-driven screening, automated onboarding, transaction monitoring, and risk assessment, which simplify complex compliance processes and help fintechs mitigate risks efficiently.
Advapay, on the other hand, provides core banking software that includes a complete front-end and back-end system, along with Embedded Payments solutions, enabling businesses to set up robust payment infrastructures with ease.
This partnership integrates both companies’ strengths, allowing fintech firms to benefit from a unified solution that optimizes their operations for growth and regulatory compliance.
Faisal Islam, CEO of Complytek, stated, “Our technology simplifies compliance, providing fintechs peace of mind as they navigate complex regulatory landscapes. Our partnership with Advapay ensures fintech businesses can seamlessly handle banking operations and compliance.”
Gustav Korobov, Head of Sales at Advapay, added, “Collaborating with Complytek allows us to offer our fintech clients a fully integrated solution. The combination of our core banking systems with Complytek’s compliance tools creates a unique value proposition.”