Danish regtech Muinmos announced Tuesday it has signed Luxembourg audit and consulting firm HACA Partners to deploy its automated KYC and anti-money-laundering screening platform. The deal marks a notable shift for Muinmos beyond its traditional broker and crypto exchange client base into the professional services sector. HACA operates across Luxembourg, Paris, Casablanca and Dakar serving over 500 international clients and will use the platform to screen its own clients, their downstream customers, and entities using its outsourced compliance services.
The move comes as competition intensifies in the regtech screening space. Sumsub recently integrated Chainalysis monitoring for broker clients like Tickmill, while Goldman Sachs-backed ComplyAdvantage pushes AI-driven sanctions screening. Muinmos is positioning on breadth, claiming access to over 2,200 watchlists across 200-plus jurisdictions with customizable risk thresholds. HACA cited single API integration as critical for adoption, replacing what it called slow manual processes prone to inconsistency.
FXnCO Insight
Professional services firms adopting broker-grade compliance tech signals broader regulatory pressure and potential new revenue streams for vendors willing to adapt beyond transactional finance clients.
Source: Finance Magnates