Muinmos Selected for Prestigious RegTech 100 List for Eighth Consecutive Year
Muinmos has been selected for the RegTech 100 list for the eighth consecutive year. The RegTech 100 2025, compiled by RegTech Analyst, showcases some of the biggest disruptors and market leaders in regulatory technology helping financial institutions deal with the headwinds caused by technological innovation and regulatory change.
The financial industry this year has seen a large increase in regulatory fines, underlining some of the critical challenges that firms face in staying compliant amid growing regulatory scrutiny. In just the first half of 2024, global financial regulators levied 80 fines totalling $263.2m for non-compliance with AML regulations, including KYC sanctions, SARs and transaction monitoring violations.
This dynamic regulatory environment is boosting the growth prospects of the RegTech industry as it grew from $12.8bn in 2023 to $15.8bn in 2024. The sector is expected to reach a whopping value of $85.92bn by 2032, at a CAGR of 23.6% over the period.
As the sector continues to roar ahead, this led to the selection process for this year’s RegTech100 to be one of the most intense and sought after to date. A distinguished panel of analysts and industry experts examined a longlist of nearly 1,500 businesses, which was produced by RegTech Analyst. The panel looked to highlight the technological solutions as well as risk and compliance offerings that all financial institutions need to be aware of in 2025.
RegTech Analyst Director of Research, Mariyan Dimitrov said, “As financial institutions get to grips with the challenges of staying compliant amid rapidly changing regulatory obligations, as well as the growing presence of AI, the importance of working with the right RegTech partner is becoming critical.
“This year’s RegTech100 list highlights the leading movers-and-shakers in areas such as communications surveillance, onboarding, risk management and financial crime prevention that are working at the frontline of innovation, seeking to integrate latest AI technologies into their offerings to help financial institutions stay ahead of regulatory updates, improve customer experience and bring operational efficiencies.”
Remonda Kirketerp-Møller, CEO at Muinmos comments, “Being selected for the RegTech 100 for the eighth consecutive year and being recognised as one of the world’s leading regulatory technology innovators is a major endorsement. It is a real testament to our ongoing innovation and our commitment to enabling financial institutions to better their client experience while not compromising compliance. Onboarding better, quicker and at lower costs doesn’t mean less compliant; on the contrary, they go hand in hand with our solution”.
Muinmos has a unique proprietary solution which automates the entire onboarding chain. Its platform incorporates traditional KYC / KYB checks, Regulatory Classification and Client Risk Assessment (CRA) in one smooth process and is the only solution in the market that offers true STP. The platform incorporates all types of KYC / AML checks, including screening for PEPs, Sanctions and Adverse Media against over 1,400 databases, several methods of identity verification, comprehensive corporate data (KYB), and more.
A full list of the RegTech100 and detailed information about each company is available to download for free at www.RegTech100.com.