RelyComply, a South African anti-financial crime platform, is expanding to the UK.

The firm specialises in Anti-Money Laundering (AML), Know-Your-Customer (KYC), and Know-Your-Business (KYB) processes. It says it plans to vastly overhaul how financial crime is combated across the country.

Founded in 2020, it says the business is one of a new wave of RegTechs focused on global problems that may not be considered ‘flashy’ yet can quietly save financial institutions and FinTechs millions of pounds.