Full service customer due diligence solution
First AML automates the highly manual Anti-Money Laundering (AML) Customer Due Diligence/Know Your Customer (CDD/KYC) process.
Our cloud-based platform, a team of local compliance analysts and global pre-verified entity ecosystem, automates the traditional AML compliance process by taking it completely off our clients’ hands. Delivering efficiency improvements and cost savings to them and a smoother customer experience for end-users.
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- Funding stage
- Series B
The Matchstiq Top 2023
Snapshot of First AML
First AML's mission is to create a world where customer onboarding is secure, fast and frictionless.
The Market Opportunity Ahead for First AML
First AML fully automates the end to end Anti-Money Laundering (AML) Customer Due Diligence (CDD) process, resulting in a fast and frictionless customer onboarding experience. The RegTech platform is revolutionising the antiquated AML compliance process, while delivering efficiency improvements and cost savings to reporting entities, and a smoother experience for end users.
The market for AML customer onboarding is global, estimated at approximately $184 billion. First AML’s current target markets include NZ ($300M), AU ($2Bn), Singapore ($6Bn), South Africa ($2Bn), UK ($137Bn) and Canada ($32Bn), with 12% market growth year on year.
They have recently launched a Sydney office, further expanding their business in the Australian market.
Working with us
Trusted Guardians of Compliance
We handle all data with respect and we ensure security and privacy measures are best in class to maintain the trust of our users.
Innovate and Blaze Our Own Trail
We continuously experiment and innovate, to develop creative solutions that challenge the status quo. We encourage each other to think big, seeking out growth opportunities as individuals and as a company.
Ownership and Execution for the Win
We take initiative to solve problems, acting in the best interests of the entire company to drive our collective success. It’s never “that’s not my job”. We do what we say we’re going to do, take pride in our work, and put in the hard yards.
Positive Vibes to Pull Each Other Up
We are honest, respectful and authentic with one another. We proudly foster an inclusive environment and welcome different backgrounds or perspectives. We work hard but take time to enjoy the journey, celebrate successes, live balanced lives and look after each other.
Create Customer Delight
We work with empathy to give our customers and end users the best possible product and service. We delight customers in every possible way so they become advocates for us. When they win, we also win.
Holly O'Brien, Customer Success Lead at First AML
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Jessie Mao, Customer Delivery Lead at First AML
From aspiring diplomat to catching bad guys, Jessie Mao is an excellent example of the fast career progression...
Dina Veljanovska, Brand and Content Manager at First AML
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Bion Behdin, Chief Revenue Officer and Co-founder at First AML
From corporate banking to focusing on a compliance pain point that used to infuriate his customers, Bion and...
Nick Cheetham, Account Executive at First AML
A commerce graduate now helping grow the customer base of an exciting New Zealand startup, Nick shares some...