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algoreg

www.algoreg.com

Fintech sector: Regtech

Country of incorporation: Luxembourg

Year of incorporation: 2017

Team names, roles
and company contact

Mr Jean-Pierre Bitton, Co-founder and Chief Sales Officer
Mr Mathis Ries, Head of Marketing

Elevator pitch

On-board 100% of your customers in a fully automated fashion and in full compliance with the regulations with algoreg. Our state-of-the-art suite of products offers a cutting-edge user experience wherever your customers are and whenever they want, and decrease the operational costs of traditional onboarding. The digital transformation of customer journey is our DNA.

Problem solved

> Reduce churn rate

> Reduce time of customer on-boarding

> Decrease operational costs of on-boarding

> Improve customer UX during on-boarding

> Be compliant with all sets of regulations

Solution / technology

Video and photo on-boarding; risk scoring and name screening (AML, KYC, PEP, CTF…).

Competitive

algoreg is the only regtech company offering a seamless, 24-7 and multilingual suite of on-boarding products. End to end, fully customisable and in full compliance with all sets of regulations. algoreg is also planning to be licensed soon by the CSSF.

Market size

EUROPEAN MARKET: 2bn EUR

GLOBAL MARKET: 8bn USD
Source: PwC - 2017

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