Algoreg (Algoreg Tech SAS) is a Luxembourg-based RegTech company providing AML/KYC compliance and identity verification solutions, part of Olky Group. Three core products: Go!Vid (customizable video onboarding with identity verification, fraud detection, selfie-to-document matching, voice scanning in multiple languages), Go!Scan (watchlist screening against global AML/PEP/sanctions lists with alert management), and Go!Risk (risk assessment with custom decision trees for enhanced due diligence). Founded by experts with 20+ years in compliance and payment industry. $1M raised (Mar 2025, fintech.global) to enhance onboarding offering. ~5 employees. ~347 LinkedIn followers. CFI.co award: ‘Most Innovative Identity Compliance Solutions Europe 2018.’ Listed in Deloitte RegTech Universe 2024. Cited by European Banking Authority in remote KYC solutions assessment. Cited by Loyens & Loeff in Luxembourg AML comparative guide. LHoFT (Luxembourg House of Financial Technology) member. Featured in Paperjam Delano: ‘real customer-centric company dedicated to flexibility and efficiency.’ Cited in Manitoba Law Journal academic article on RegTech for robo-advisers. Data encrypted at rest and in transit per vendor. Part of Olky Group (Luxembourg neobank). Primarily serves European financial institutions for client onboarding compliance.
Company Info
- Founded: 2018
- Team size: 1-10 employees
- Funding: $1M
- HQ: Australia
- Sector: Governance/Compliance/Risk Management
What We Haven’t Verified
This page was assembled from publicly available information. Feature claims and workflow mappings are based on what the vendor and third-party listings publish — not hands-on testing or practitioner feedback.
Workflows
Based on practitioner evidence, Algoreg is used in these workflows:
What practitioners struggle with
Real frustrations from legal professionals — the problems Algoreg addresses (or should address). Sourced from practitioner reviews, Reddit threads, and case studies.
Fund manager's compliance team needs to verify KYC/AML for every LP in a new fund — 40 investors across 12 jurisdictions, each with different beneficial ownership structures, and the 31 CFR deadline is approaching while half the investors haven't submitted their compliance documentation
New FinCEN beneficial ownership rules (31 CFR) require fund managers to collect and verify investor identity information by 2026 — the compliance team is manually screening each LP against sanctions lists using spreadsheets and can't keep up with the pace of new fund closings
Where it fits in your workflow
Before Algoreg
Financial institution needs to onboard new client or investor → AML/KYC regulations require identity verification, PEP/sanctions screening, and risk assessment → manual processes involve document collection, watchlist checks across multiple databases, and risk scoring → compliance team needs automated, auditable onboarding workflow
After Algoreg
After Algoreg processes client → Go!Vid verifies identity (video, document, selfie match) → Go!Scan screens against global watchlists → Go!Risk calculates risk score → compliance officer reviews flagged cases → approved clients onboarded with full audit trail → ongoing monitoring for sanctions list changes → when regulator audits AML compliance, Algoreg provides evidence trail
Integrations & hand-offs
Algoreg → compliance team (KYC review decisions); → relationship managers (client onboarding status); → regulators (AML compliance evidence); → Olky Group (parent company neobank integration). Olky Group's OlkyPass service redirects to Algoreg for identity verification.
Community Data
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