AMLYZE Signs Mano Bank to Its AML Compliance Platform

Lithuanian RegTech startup AMLYZE has signed an agreement with Mano Bank to supply the bank a platform for anti-money laundering (AML) and financial crime prevention. The deal adds another financial institution to a customer base of roughly 30 clients across two continents.

AMLYZE develops software for AML and counter-terrorist financing (CFT) compliance. Founded in 2019, the Vilnius-based company sells SaaS covering transaction monitoring, customer risk assessment, sanctions and politically exposed person (PEP) screening, and compliance investigations. Its clients include banks, electronic money institutions, fintech companies and payment service providers.

What does the deal cover?

Mano Bank will adopt AMLYZE's technology to centralise customer risk assessment, transaction monitoring, customer and payment screening, and compliance investigations. The platform automates repetitive tasks, consolidates risk-related information and helps compliance teams spot potential financial crime risks faster.

The timing isn't accidental. Mano Bank is expanding services and operations in foreign markets, which raises the need for scalable compliance processes. The bank wants several risk management functions in one environment and less manual workload in monitoring transactions and assessing customers.

The system will let the bank manage AML/CFT-related information centrally, automate selected routine tasks and organise investigations. The goal: help specialists prioritise cases that need closer attention while maintaining regulatory standards.

Who is Mano Bank?

Mano Bank provides business loans, payment services, currency exchange, deposits, leasing and e-commerce solutions. It received Lithuania's first specialised bank licence in 2018 and began operations in January 2019. The bank primarily serves small and medium-sized businesses in Lithuania and international markets.

"As the bank grows rapidly, we want our services to become simpler and more convenient for our clients, and our risk management more effective," says Ernestas Šteimantas, Head of AML/CFT Operations and Control at Mano Bank. "Regulatory requirements are an integral part of banking, but meeting them should not create unnecessary obstacles for clients. That is why we are investing in technology that helps us automate processes, identify risk more precisely and focus our specialists' attention where it is really needed. Our partnership with AMLYZE will help us better balance these two goals – a convenient customer experience and effective risk management."

What's behind AMLYZE's growth?

The partnership follows continued development of AMLYZE's compliance technology. In September 2026, the company introduced Sama, an AI-assisted name-matching model built in-house and offered as an optional feature across its screening products. The model provides matching scores to support analysts evaluating potential matches, while leaving final decisions to human specialists.

AMLYZE has been developing its core solutions since 2019 and began offering them commercially in autumn 2022. Its growth has drawn industry recognition: the company ranked 181st in Sifted's 2025 ranking of Europe's 250 fastest-growing startups, with a reported two-year compound annual growth rate of 132.89%.

"Financial institutions today face two equally important tasks: ensuring a smooth customer experience and managing financial crime risks effectively," says CEO and Co-Founder Gabrielius Erikas Bilkštys. "Technology makes it possible to achieve both – by automating routine processes, analysing information in one environment and helping specialists make well-founded decisions faster. We are pleased to contribute to Mano Bank's technology development."

Why does it matter?

The deal provides another example of how specialised RegTech providers are supplying financial institutions with technology to manage increasingly complex compliance requirements. For AMLYZE, each bank win in its home market strengthens the footprint it will need as it pushes deeper into banking and financial services beyond it.