AMLYZE Partners Vinted Pay as It Expands Payment Infrastructure

AMLYZE, a leading RegTech company and Software-as-a-Service (SaaS) provider, announces its partnership with Vinted Pay, the payments subsidiary of the European online marketplace for second-hand items, Vinted. As Vinted gradually expands the use of Vinted Pay across its markets, AMLYZE’s technology supports a compliant and secure rollout.

Vinted, headquartered in Vilnius, Lithuania, is the leading second-hand fashion marketplace in Europe and a go-to destination for all kinds of second-hand items, with a mission to make second-hand the first choice worldwide. By integrating AMLYZE’s technology, Vinted Pay will benefit from real-time and retrospective transaction monitoring and customer risk assessment, helping ensure that onboarding and payment processes meet AML/CFT requirements as Vinted Pay is introduced step by step.

“We are proud to partner with Vinted, a key player in the online marketplace industry,” said Gabrielius Erikas Bilkštys, CEO and Co-Founder of AMLYZE. “Now that Vinted Pay has successfully joined our platform, our advanced solutions will support Vinted Pay in maintaining strict compliance standards, including as onboarding progresses, helping ensure it continues to be a safe and trusted platform for its users. This collaboration underlines our commitment to providing world-class AML/CFT services and improving the prevention of financial crime across Europe.”

“Vinted Pay is dedicated to providing a safe and reliable payment experience for our community,” said VP of Payments at Vinted, Modestas Tursa. “The expertise and innovative technology of AMLYZE helps ensure we continue to foster trust within our platform as we gradually introduce and scale Vinted Pay across markets.”

AMLYZE’s team of highly experienced professionals, with backgrounds from the European Central Bank, the European Banking Authority, the Financial Intelligence Unit, the Bank of Lithuania, and major financial corporations, brings unparalleled regulatory expertise to the partnership. This depth of knowledge, combined with state-of-the-art technology, ensures that AMLYZE can deliver efficient and effective compliance solutions tailored to Vinted Pay’s needs.