ComplyControl Launches SafeStart to Empower Fintech Startups with Seamless Compliance
ComplyControl, a UK-based provider of AI-driven compliance technology, has unveiled ComplyControl SafeStart — a specialized initiative aimed at supporting fintech startups across the EU and UK. This new program is designed to empower early-stage companies with the tools and guidance needed to establish trust, accelerate growth, and maintain regulatory compliance from the very beginning of their journey.
Navigating compliance can be especially burdensome for startups, as it often comes with steep costs and operational complexity. Research indicates that small businesses typically spend around $7,000 per employee each year on compliance—substantially more than their larger counterparts. For resource-limited startups, these demands can be overwhelming. Yet opting to delay or bypass compliance can expose startups to far greater risks, including regulatory penalties, diminished investor confidence, broken partnerships, or even the loss of the business itself.
By providing entrepreneurs with an easy-to-use, affordable route to a strong compliance infrastructure, SafeStart seeks to allay these worries. Accepted startups gain full access to ComplyControl’s complete suite of AI-powered tools, including transaction monitoring, sanctions screening, AML and CTF detection, and policy analysis. The offering is designed to be easy to adopt, with no-code configuration and support for up to 50,000 transactions per month at no cost for the first 12 months.
What sets the program apart is not only the technology, which processes transactions in under five seconds and cuts false positives by up to 80%, but also the hands-on support provided by the ComplyControl team. Rather than handing over a complex system and leaving startups to figure things out, the company actively guides them through the setup and ongoing use, helping to build compliance capabilities that can scale with their growth.
ComplyControl founder Roman Eloshvili emphasizes that SafeStart is about removing barriers. As compliance grows increasingly intricate, he sees the program as a way to let fintech innovators focus on product development while ComplyControl handles the regulatory complexity.