INSART Announces a Strategic Partnership with Complify to Help Transform Fintech Compliance Landscape

[Boca Raton, Florida and Richmond, Virginia 06/10/2024] – Complify, an innovative AI-driven compliance platform for financial services and fintechs, has signed a strategic partnership agreement with INSART, Fintech Engineering Startup Studio & Innovation Lab.

Complify is a next-generation software platform that combines embedded AI, workflow automation, and open API architecture to provide an advanced, simple-to-use, and streamlined solution designed to handle the avalanche of manual, repetitive processes and fragmented systems in traditional compliance management. Complify’s global platform orchestrates siloed data sources into a unified, user-friendly, and coherent workflow. The enhanced software platform boosts department collaboration, improves operational transparency, and reduces the need for team expansion.

“Despite modern tech advancements, compliance departments face eye-watering operational costs, persisting inefficiencies, and high risks of non-compliance. Post-pandemic, non-compliance costs rose by 45%, and AML and KYC penalties in 2022 swept $5 billion from financial institutions. We are set to change that,” said Miguel Zepeda, CEO and Co-Founder of Complify.

To help enhance and scale this revolutionary cloud-based compliance software, Complify has chosen INSART as its strategic partner. Headquartered in Florida, we are known for our extensive expertise in engineering software solutions for Fintech startups and established companies. As a Startup Studio and Innovation Lab, INSART not only designs and develops innovative, high-quality products and services for optimized cost but also helps Fintech founders fund their ideas. By organizing Fintech startup Demo Days and arranging direct introductions, we match an extensive network of accredited investors and VCs with vetted, promising startups.

“We only partner with innovative startups, and so we have chosen Complify. Its software platform is purpose-built and bound to change the financial compliance landscape for financial institutions and fintech. We are so excited to be helping fund and enhance it to meet Complify’s global vision. It's a pleasure and honor to partner with founders such as Miguel and Enzo,” said Vasyl Soloshchuk, CEO of INSART.

Complify has received grants and incubation support from Antler VC, SVB, and Startup Virginia, recognizing its potential to revolutionize compliance management. Its founders, Miguel Zepeda (CEO) and Enzo Vicidomini (CTO), have decades of combined experience in operations, products, partnerships, and software engineering in companies like Applied Blockchain, Comcast, Payactiv, and Brinks Money.

About Complify:
Headquartered in Richmond, Virginia, Complify is an innovative AI-driven compliance platform that provides next-generation solutions for financial institutions, credit unions, community banks, and Fintech companies, including digital assets. Complify utilizes AI and automation to transform compliance management, ensuring efficiency, security, and operational transparency.

Contact miguel@complifynow.com

About INSART:
INSART Fintech Engineering Startup Studio & Innovation Lab is a leading Fintech solution provider with a unique approach to software engineering and tech funding. Equipped with deep industry expertise and a commitment to innovation, INSART aims to transform how Fintech products and services are built and accelerated.

Contact us:
vsolo@insart.com
Schedule a call by this link