Ospree is a SaaS platform providing B2B compliance solutions for the digital-asset industry. It helps teams meet Anti-Money Laundering (AML) and Counter-Terrorism Financing (CTF) requirements globally and locally through automated modules for whitelisting, monitoring, case management, smart-rules, and reporting.
Funding
$120K raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
Founders
Product
Problem
Digital asset businesses face increasing complexity in meeting Anti-Money Laundering (AML) and Counter-Terrorism Financing (CTF) regulatory requirements across different jurisdictions. Ensuring compliance with the Travel Rule and other evolving standards demands significant resources and expertise.
Solution
Ospree offers a modular SaaS platform designed to automate and streamline compliance processes for businesses in the digital asset industry. The platform provides a suite of tools to manage global and local regulatory obligations, including Travel Rule compliance, blockchain analytics, and accounts directory management. Ospree's modular design allows businesses to select and integrate the specific compliance capabilities they need, ensuring adaptability to changing regulations and business requirements. By automating key compliance tasks and providing pre-validated data, Ospree helps reduce errors, improve efficiency, and lower compliance costs. The platform also facilitates secure and interoperable information transfer, enabling businesses to conduct thorough risk assessments and ensure safe transactions with counterparties.
Target Audience
Ospree is designed for crypto-asset companies and financial institutions, including neo-banks, payment companies, asset managers, liquidity providers, crypto exchanges, and OTC desks.
Features
- Modular design for customizable compliance solutions
- Travel Rule compliance module for secure data transfer and FATF framework adherence
- Blockchain analytics for risk assessment and AML risk flagging
- Accounts Directory for standardized data exchange and accurate communication
- REST API for seamless integration with existing systems
- Reporting Hub for generating audit-ready compliance documentation
- VASP due diligence for establishing secure relationships with counterparties
- Sanction screening to meet counterparty screening requirements