PayLynxs, Inc.

PayLynxs, Inc. is a veteran in the field of financial software solutions, boasting 13+ years of experience in the industry. Their SimpliRisk platform is designed to automate BSA/AML compliance for financial institutions, providing a modern solution that streamlines AML/BSA workflows, fraud monitoring, watchlist scanning, and more. This innovative approach aims to assist credit unions, banks, MSBs, and other entities to adhere to strict compliance standards and effortlessly pass regulatory exams. In addition to SimpliRisk, PayLynxs also offers SimpliTap, a specialized Title 31 solution tailored for casinos. SimpliTap simplifies and enhances MTL/MIL logging with integrated TIN and sanction screening checks, ultimately aiming to automate the entire Title 31 workflow for casinos. Founded in 2006, PayLynxs operates within the Financial Services, Fintech, Information Technology, and SaaS industries. While the details of their headquarters and last investment are currently undisclosed, the company's commitment to simplifying and automating compliance processes in the financial sector presents an intriguing opportunity for potential investors in the evolving fintech landscape.