Sandbar provides an all‑in‑one, self‑service AML screening platform that lets businesses configure and automate compliance checks via a single API. Users can choose from modular components—including OpenSanctions data, a configurable rules engine, and an autonomous alert management system—and integrate them through API, CSV upload, or manual input, with pricing starting at $500 per month and a free trial.
Funding
$4.8M 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.
9OLGFounders
Product
Problem
Financial institutions and fintech companies must screen customers against sanctions and watchlists to meet regulatory requirements, but existing AML solutions are often inflexible, costly, and require lengthy integration, leading to high false‑positive rates and delayed onboarding.
Solution
Sandbar offers a self‑service AML screening platform that delivers comprehensive sanction data, a highly configurable rules engine, and autonomous alert management through a single API. Users can submit records via API, CSV upload, or manual entry, then define custom segmentation, fuzzy‑logic rules, and granular alert filters such as date of birth, location, or NAICS code. The system enriches matches with AI‑generated summaries, provides performance metrics, and supports data export for downstream workflows. All components are accessible through one API, enabling engineers to deploy a tailored AML program in as little as ten minutes without negotiating contracts or managing separate services.
Target Audience
Primary customers are compliance teams at banks, fintechs, and other regulated businesses that need fast, customizable AML screening without building an in‑house solution.
Features
- Access to OpenSanctions data covering 1,000+ sources across 275+ countries
- Fully configurable rules engine with segmentation, fuzzy logic, sensitivity settings, and unlimited alert filters
- Autonomous case management with AI‑generated summaries and performance dashboards
- Multi‑method data ingestion (REST API, CSV upload, manual input) via a single integration point
- Real‑time data exports and metrics for compliance reporting
- Pay‑as‑you‑go pricing starting at $500 per month with a 14‑day free trial including 5,000 screens