Lithuanian P2P lending and crowdfunding platform Savy chooses Amlyze as its primary compliance solutions provider for international expansion.
Facts
- Savy, operated by Bendras finansavimas, partners with Amlyze for compliance solutions.
- They will utilize Amlyze’s core modules, including customer risk assessment, retrospective transaction monitoring, case management, and international sanctions screening.
- Founded in 2014, Savy claims to be Lithuania’s first P2P lending platform and is supervised by the Bank of Lithuania.
- Savy has disbursed over €80 million in loans since its launch, with 40,000+ investors and 200,000+ registered borrowers.
- Gabrielius Bilkštys, CEO and founder of Amlyze, emphasizes the importance of compliance in light of evolving regulations.
- Danatas Čerjazdanovas, CEO of Bendras finansavimas, trusts market experts to navigate international expansion amidst stricter regulations.
