Meo

Meo, a Copenhagen-based RegTech firm founded in 2017, operates as a modern compliance operating system for businesses in highly regulated sectors. Initially established as NewBanking in 2015 with a focus on blockchain transaction verification, the company, under founder Christian Visti Larsen, pivoted after recognizing a more significant challenge in compliant customer onboarding. This led to the development of its current platform. The company rebranded to Meo, derived from the Latin for "My/Mine," to underscore its core principle of individual data ownership and privacy.

The firm's primary offering is a comprehensive, all-in-one platform designed to automate and streamline compliance workflows. It specializes in Know Your Customer (KYC) and Know Your Business (KYB) processes, providing an end-to-end solution for client onboarding, risk assessment, and continuous due diligence. The platform serves industries such as law firms, capital management, private equity, and financial services that face stringent regulatory requirements like the European Anti-Money Laundering (AML) directive and GDPR. Its business model is B2B, providing its software as a service to these entities.

Meo's platform integrates with financial databases, business registries, and fraud prevention APIs to create a unified hub for managing compliance data. Key features include automated document verification, multi-source identity checks, ongoing sanctions and Politically Exposed Persons (PEP) screening, and adverse media monitoring. A distinct characteristic is its client-controlled data management system, which empowers end-users to securely store and share their own compliance information, thereby reducing data redundancy for businesses. The platform is built with a "Privacy-by-Design" architecture, employing AES-256 encryption and holding ISO 27001 certification to ensure data security.

Keywords: RegTech, compliance management, KYC, KYB, AML, GDPR compliance, data security, identity verification, financial services, legal tech