Марія Бровінська Startup 21 July 2025, 11:00

Ukrainians have created a RegTech product that automates compliance and financial monitoring procedures. How AI FINTECH startup AML.point saves Ukrainian companies time and money

Ukrainian financial institutions — banks, MFIs, insurance and leasing companies, payment transaction providers — are now forced to meet the requirements of the NBU on financial monitoring, sanctions, and compliance. Manual verification of clients and generation of reports take up dozens of hours of specialists' time and company resources every day, and increase the likelihood of errors and fines.

With recent changes in legislation, financial monitoring in Ukraine has turned from an «option for banks» into a mandatory procedure for a much wider range of businesses. Now, not only financial institutions are subject to the requirements, but also accountants, auditors, notaries, bar associations, lottery organizers, and others. Ignoring the new rules is too risky: fines for violations can reach tens of millions of hryvnias. So Ukrainian business has found itself facing a new reality — in which automated solutions are indispensable.

Fintech company Finpay and leasing company Winner Leasing know how to avoid unnecessary costs and determine 100% compliance with the NBU criteria. Thanks to the use of the AML.point service, created by the Ukrainian IT company AI FINTECH, these businesses built all financial monitoring processes on a turnkey basis. This made it possible to significantly reduce the time and costs of resources and personnel required to perform customer identification and procedures aimed at preventing money laundering and terrorist financing.

dev.ua talked to the CEO of the AML.point startup, Oksana Gubina, and learned how the service works, which helps avoid penalties and save money and business reputation.

From idea to MVP

The specialized CRM system AML.point appeared back in 2021. This is a comprehensive solution for automating financial monitoring processes. The initiative to create such a product belongs to Oksana Gubina, who knows well how financial monitoring works from the inside since 2002, when the first profile law appeared in Ukraine. At first, she was responsible for compliance in the banking system, and later moved to fintech. There, the specialist encountered a problem: while banks still had some tools for automating financial monitoring, other financial institutions were completely silent. «I had to create a mini-product for a specific company every time,» she recalls.

Later, analytical platforms YouControl, Opendatabot, and FinAP appeared on the market — they simplified individual tasks, but did not solve the problem comprehensively. Oksana decided to fix this — and suggested that the AI FІNTECH company create a universal tool for automating all financial monitoring processes. That’s how AML.point appeared.

The product MVP was tested by the first AI FІNTECH clients. Their feedback became the basis for further investments, team expansion, and product launch on the open market.

«A constant circle of users ensures the proper level of revenue. In 2023, AML.point became a participant in the Mastercard Start Path Ukraine program and received a $10,000 grant to improve UX/UI and functionality,» adds Oksana.

Team and technology

A compact but efficient team of six specialists works on AML.point: Project Manager, Product Owner (Oksana Gubina), Tech Lead, two developers and two QA (manual + automated tests). DevOps support the infrastructure.

The tech stack at AML.point ensures fast service operation, a user-friendly interface, and reliability. This allows for fast processing of large amounts of information, flexible scaling, and integration with other systems.

Learn more about AML.point functionality in a series of webinars from the product team

Backend (server part):

PHP is the main development language;
Laravel is a framework for building web applications based on the MVC architecture;
Symfony is a framework used to create complex and scalable functionalities;
PostgreSQL is a reliable relational DBMS for data storage;
Elasticsearch is a high-performance search and analytics engine for processing large amounts of data.

Frontend (client side):

TypeScript — used for typing in Vue.js (especially in Vue 3);
JavaScript — for layout of interfaces in Vue 2;
Vue.js 2 and 3 — for creating SPA applications with component architecture;
Vuetify is a framework for implementing modern UI according to Material Design;
Vue-Bootstrap is a set of UI components based on Bootstrap, adapted for Vue.js.

Users receive a modern online service with a convenient account, automated checks and reports, which meets the requirements of the National Bank of Ukraine and international compliance standards.

AML.point operates entirely in the cloud, and all customer data is stored in a securely protected environment — in accordance with current information security standards. Thanks to this, the system provides speed, flexibility, reliability, and integration with other CRM and ERP systems.

A convenient structured API specification allows you to quickly establish data exchange with other user systems and easily integrate AML.point into processes.

The IT department does not need to perform complex actions to refine its systems. It is enough to implement the API and the system is ready to use all the available functionality.

According to the project founder, the product undergoes a security audit every year: independent specialists, including «white hat hackers», test the system for reliability and look for potential vulnerabilities. During all this time, no critical errors have been detected — the service consistently passes the checks without any comments.

How AML.point works

AML.point is a B2B solution for companies that are required to comply with financial monitoring. This includes not only banks and MFIs, but also insurance companies, lessors, gambling businesses, notaries, lawyers, auditors and accountants. All of these are primary financial monitoring entities (PFMs) that are subject to NBU regulation.

The product covers three key blocks:

storage of CDD results, maintenance of electronic questionnaires and client lists, checking against sanction lists, client risk assessment;
accounting of client financial transactions and monitoring of transactions in real time and aggregated over the period;
automated statistical reporting — AML.point currently implements four types of reports, the data for which the system automatically collects and generates a report in the required format.

The team states: not a single report generated using the service has yet been rejected by the National Bank.

The system allows you to check counterparties in public person registers, sanctions lists, terrorist databases, state registers, and other sources. Everything is as automated as possible, with up-to-date data.

AML.point has a built-in risk assessment module that complies with the NBU guidelines, says Oksana. It automatically determines the client’s risk level, analyzes transactions, and signals those that are subject to financial monitoring. A separate module is responsible for generating and sending reports to the NBU and the State Financial Monitoring Service — in compliance with all current regulations.

The project team constantly monitors legislative changes and helps the technical team implement them into the product, adds the startup CEO. «And there are situations when the team is working hard on the functionality, and then there is a change in the legislation and this report or an entire section becomes unnecessary. This, of course, is somewhat demotivating, but we always find a way out of the situation — we reuse what was created for similar tasks, which are always in focus,» notes the service manager.

The product is already used by payment institutions, leasing companies, insurance companies, MFOs and other entities of primary financial monitoring. A license to use AML.point for a company costs from $1000, depending on the volume of activity of the user company. There are also monthly payments — they start from $300 — for SPFMs operating without forming a legal entity, and are calculated individually for corporate users-SPFMs.

«Our product became especially useful after the start of the full-scale invasion of the Russian Federation and the significant expansion of the NBU’s regulatory functions, sanctions compliance, etc.,» says Oksana.

AML.point, she said, regularly updates its functionality, both at the request of users and necessarily in connection with changes in legislation, so the development process is ongoing.

Plans and ambitions

The creators of the automated financial monitoring system do not plan to stop there. The service team plans to cover as many companies as possible as clients. «We want to be useful to all primary financial monitoring entities in Ukraine, without exception, and later to AML-reporting companies in Europe,» says Oksana.

The project team is currently studying the requirements and demand. «We are happy to enter into collaborations and partnerships, we are especially interested in the experience of interacting with developers of CRM systems for other purposes, ERP systems that replace Russian accounting software, etc. We are currently planning this for the short and medium term, given the state of war,» adds the CEO of AML.point .

In addition, the team is considering joining Diya.City and participating in professional tech communities.

Try AML.point to save time and money on financial monitoring and compliance verification