Bits raises €12M Series A to unify AML for European fintechs

Bits raises €12M Series A to unify AML

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Built for AMLR 2027

Every case
already knows
the customer.

Every case already
knows the customer.

Every case already
knows the customer.

Onboarding, screening, risk, transaction monitoring and procedures on one Customer Record. AML compliance for regulated businesses in Europe.

Book a demo

Book a demo

Get sandbox access

Get sandbox access

4x

4x

faster approvals

faster approvals

1 week

1 week

go live

go live

1,300+

1,300+

screening lists

screening lists

SA
Storm AB483475-1438
1.2Risk score
  1. KYB onboardingApprovedOnboarding

    24/24 data points

  2. PEP & sanctionsNo matchesDue diligence

    1,300+ lists, screened daily

  3. Beneficial owners2 verifiedOnboarding

    Confirmed with BankID

  4. Transfer 62,500 SEKRule matchedTransaction monitoring

    Above the 50,000 SEK limit

  5. Risk score 1.2 → 2.5RecalculatedRisk score

    Based on new behaviour

  6. Case #1204 openedEnhanced reviewCases

    Assigned to Sara Feldt

Coinmotion logo
Bits in motionOnboarding, screening, a decision and a Bits AI workflow, on one customer record.

Designed to work as one.

Onboarding, transaction monitoring, AML risk scoring, ongoing due diligence and case management, all in one platform.

Onboarding, transaction monitoring, AML risk scoring, ongoing due diligence and case management, all in one platform.

KYB and KYC onboarding in the Bits dashboard
KYB & KYC Onboarding

Onboard business customers faster, build custom compliance workflows and run automated checks, across all your markets.

Explore

Transaction Monitoring

Transaction Monitoring that knows your customer, built for AMLR 2027 requirements. Fewer false positives, faster case handling, and a full audit trail.

Explore

AML Risk Score

Build a configurable risk scoring model with custom variables, weights, and a live score for every customer.

Explore

Ongoing due diligence in the Bits dashboard
Ongoing due-diligence

Monitor customers daily across 1,300+ lists, configure granular rules, and stay ahead of AMLR 2027 ODD interval requirements.

Explore

Bits AI in the dashboard
Bits AI

Tasks that previously took hours can now be automatically sorted and delivered by AI agents. We test and use the most secure combination of AI.

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Case Management System

View, manage, and action all customer cases in one place, with full audit trail, team collaboration, and PEP and sanctions data built in.

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AMLR readiness check

How ready is your
team for AMLR?

The new Anti-Money Laundering Regulation applies across the EU from July 2027. It requires the customer record to be accessible across onboarding, screening and monitoring. And that's how Bits is built. Check your AMLR readiness here.

0:00 / 0:56

Ready for AMLR. 56 seconds, with subtitles.

Results achieved by Bits customers

Question 1 of 6About 3 minutes
Customers and ownersArt. 20(1)

Do you identify and verify every customer and its beneficial owners, including the ownership structure of legal entities?

A planning aid, not legal advice
Question 1 of 6About 3 minutes
Customers and ownersArt. 20(1)

Do you identify and verify every customer and its beneficial owners, including the ownership structure of legal entities?

A planning aid, not legal advice

Already running on Bits.

  • Photo for the Alisa Bank customer quote

    "Bits gives us the automation and flexibility to deliver strong customer experiences while staying compliant."

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  • "By centralising and supporting compliance work for our portfolio founders, we allow them to focus on building."

    Read more

  • Photo for the Qliro customer quote

    "We are accelerating our onboarding process together with Bits Technology and capitalising on our growth initiatives."

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  • Photo for the Brite customer quote

    "With Bits, we’re improving speed, clarity, and efficiency across the board. This will help us scale as we grow."

    Read more

  • We provide our customers with a secure and compliant payment solution. With Bits, we can leverage compliance to grow smarter."

    Read more

  • David Lundqvist, CEO of Walley

    "Our vision has always been about giving merchants a partner that helps them convert, grow and build loyalty."

    Read more

  • Photo for the Alisa Bank customer quote

    "Bits gives us the automation and flexibility to deliver strong customer experiences while staying compliant."

    Read more

  • "By centralising and supporting compliance work for our portfolio founders, we allow them to focus on building."

    Read more

  • Photo for the Qliro customer quote

    "We are accelerating our onboarding process together with Bits Technology and capitalising on our growth initiatives."

    Read more

  • Photo for the Brite customer quote

    "With Bits, we’re improving speed, clarity, and efficiency across the board. This will help us scale as we grow."

    Read more

  • We provide our customers with a secure and compliant payment solution. With Bits, we can leverage compliance to grow smarter."

    Read more

  • David Lundqvist, CEO of Walley

    "Our vision has always been about giving merchants a partner that helps them convert, grow and build loyalty."

    Read more

Any team. Any market.

From onboarding to case closure, Bits runs compliance end to end for banks, payment providers, lenders and fund managers across Europe.

From onboarding to case closure, Bits runs compliance end to end for banks, payment providers, lenders and fund managers across Europe.

Modern office space with warm lighting and wooden chairs
Banks & neobanks
Modern dining area with hanging pendant lights
Payments
A tall building with a clock on the top of it
AMLR compliance
Apartment building windows reflecting sunset colors
Lenders & credit companies
Concrete stairs cast long shadows in sunlight
Replace the fragmented stack
a tall building with a lot of windows next to it
Investment & fund managers
a narrow cobblestone street in a european city
Expand to new markets
brown desk lamp beside computer monitor on desk
In-house solutions & Bits

Say yes to more good customers.

Consumer and business lenders use Bits to verify applicants, score risk per product and keep every borrower under review, with KYC and credit checks in the same flow.

Explore

Transaction monitoring that
understands your business.

Most monitoring systems work alone. Bits works with all the data you already have.

Most monitoring systems work alone. Bits works with the data you already have.

Read more

Rules that understand the customer
C
CoinbaseCard
€5,000.0012 Sep
Checking against risk profile
Cleared
N
NorwegianCard
€1,240.0013 Sep
Checking against risk profile
Cleared
N
NordeaBank transfer
€8,500.0014 Sep
Checking against risk profile
Cleared
Risk score2.5
ScreeningsDone
Verified individualDone
Fewer false positives with risk-based monitoring

Coverage across 100+ markets.

Coverage across
100+ markets.

Bits has 60+ data sources built in, with the deepest coverage in the Nordics and the rest of Europe. Our API connects to your core systems and approval chains.

Bits has 60+ data sources built in, and our API connects to your core systems and approval chains.

Bits has 60+ data sources built in, and our API connects to your core systems and approval chains.

  • Bolagsverket

    KYB Sweden

  • SCB

    KYB, KYC Sweden

  • Companies House logo
    Companies House

    KYB UK

  • Bogard logo
    Bogard

    KYB, KYC Sweden

  • itsme logo
    itsme

    eID Belgium

  • DigiD logo
    DigiD

    eID Netherlands

  • bankID logo
    bankID

    eID Norway

  • MitID logo
    MitID

    eID Denmark

  • BankID logo
    BankID

    eID Sweden

  • Veriff logo
    Veriff

    IDV Europe

  • PRH logo
    PRH

    KYB, KYC Finland

View all

60+ data sources

  • Loading globe data…

    Worldwide coverage

    From Stockholm to Singapore

  • API ready to fit your workflow

    Built for easy integration

    Sandbox & full API reference

  • The compliance operating system

    ONBOARDINGAML RISK SCOREONGOING DUE DILIGENCECASE MANAGEMENTTRANSACTION MONITORINGcOSTHE COMPLIANCE OS

  • Insights to understand your risk

    Cases by type

    4 statuses

    All assignees

    181 results

    Number of cases

    Open

    In progress

    In review

    On hold

    Application review

    PEP match

    Adverse media match

    Sanction match

    0

    30

    60

    90

  • Loading globe data…

    Worldwide coverage

    From Stockholm to Singapore

  • API ready to fit your workflow

    Built for easy integration

    Sandbox & full API reference

  • The compliance operating system

    ONBOARDINGAML RISK SCOREONGOING DUE DILIGENCECASE MANAGEMENTTRANSACTION MONITORINGcOSTHE COMPLIANCE OS

  • Insights to understand your risk

    Cases by type

    4 statuses

    All assignees

    181 results

    Number of cases

    Open

    In progress

    In review

    On hold

    Application review

    PEP match

    Adverse media match

    Sanction match

    0

    30

    60

    90

From our blog.

From our blog.

Cover image for What AMLR 2027 changes in a compliance team's week, not just in its policy
What AMLR 2027 changes in a compliance team's week, not just in its policy
What AMLR 2027 changes in a compliance team's week, not just in its policy

Cover image for AMLR 2027 webinar (on-demand): Due diligence, UBO mapping and transaction monitoring
AMLR 2027 webinar (on-demand): Due diligence, UBO mapping and transaction monitoring
AMLR 2027 webinar (on-demand): Due diligence, UBO mapping and transaction monitoring

Cover image for AMLA's October release on AMLR standards (RTS): What changes for compliance teams.
AMLA's October release on AMLR standards (RTS): What changes for compliance teams.
AMLA's October release on AMLR standards (RTS): What changes for compliance teams.

Cover image for What AMLR 2027 changes in a compliance team's week, not just in its policy
What AMLR 2027 changes in a compliance team's week, not just in its policy

Cover image for AMLR 2027 webinar (on-demand): Due diligence, UBO mapping and transaction monitoring
AMLR 2027 webinar (on-demand): Due diligence, UBO mapping and transaction monitoring

Greens Ventures chooses Bits for investor onboarding and compliance essentials.

A stack of report pages with an arrow pointing to a target
File goAML SAR and STR reports without leaving Bits

A row of transactions with one highlighted and opened as a case
Transaction monitoring cases that explain themselves

Insights charts in the Bits dashboard: cases over time, cases by type, and risk score distribution
Insights: your compliance operation at a glance

A grid of tiles with a few colored ones and one being added
Custom properties: model your own data in Bits

Cover image for Live in a week: Always Summer launches compliance infrastructure with Bits.
Live in a week: Always Summer launches compliance infrastructure with Bits.

Greens Ventures chooses Bits for investor onboarding and compliance essentials.

A stack of report pages with an arrow pointing to a target
File goAML SAR and STR reports without leaving Bits

Automate your compliance

Accelerating KYC, KYB, and AML compliance through intelligent onboarding, risk scoring, and transaction monitoring for regulated businesses.

Book a demo

Automate your compliance

Accelerating KYC, KYB, and AML compliance through intelligent onboarding, risk scoring, and transaction monitoring for regulated businesses.

Book a demo