Coinfirm Announces Strategic Partnership With FinTech AML Provider Flagright


LONDON, October 12, 2022 – Coinfirm has announced a strategic partnership with Flagright, a move that is seen as a way for Coinfirm to expand its offering and provide enhanced due diligence measures to its current and prospective customers to help increase the safety and security of the wider FinTech market’s interaction with the crypto ecosystem.

“The security and compliance of fintechs is our top priority at Flagright. With Coinfirm’s blockchain capabilities, we can now support our current and prospective customers with robust data in the Crypto space that will provide an extra layer of protection against financial crime.” – Baran Özkan, Flagright Co-founder & CEO

In an era where crypto-assets and transactions are becoming increasingly mainstream, it is more important than ever to ensure that businesses operating in this space adhere to proper compliance standards.

“Our key partnership with Flagright enables Coinfirm to strengthen its support of off-ramping crypto to fiat with AML compliance risk reports of the history of a client’s blockchain transactions and addresses to the wider FinTech market.” – Dr. Mircea Mihaescu, Coinfirm CEO

Coinfirm is at the forefront of innovation in crypto AML, compliance, and analytics. Coinfirm’s industry-leading risk management offerings help cryptocurrency protocols and virtual asset service providers scale sustainably. Flagright will now be able to provide its customers with Coinfirm’s best-in-class offerings.

About Coinfirm

Coinfirm is the world leader in blockchain analytics and RegTech solutions, creating a safer blockchain economy – by protecting entities from being tainted with funds originating from illicit activities like ransomware hacks, human trafficking and terrorist financing – through risk scoring entities, addresses and transactions.

The company, using 350+ proprietary risk algorithms while monitoring 25k+ blockchain entities, provides seamless, scalable tools to comply with stringent regulatory requirements for both CeFi and DeFi.

Founded in 2016, Coinfirm is headquartered in the UK, with the company retaining offices in Poland, Canada, France and Japan. Over 300 entities have trusted the company to provide RegTech solutions.

For more information visit:

About Flagright

Flagright’s developer-friendly API and no-code back office allow fintechs to quickly set up all the required infrastructure for AML and fraud prevention in 4 – 10 days. Flagright is accelerating its mission of helping fintech and startups prevent and protect themselves against financial crime with proprietary products such as real-time transaction monitoring, dynamic customer risk scoring, and automated fintech license application, all with superior user experience to its customers with real-time responses.

For more information visit: