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ComplyPay

Can a non-bank, DLT-powered wallet infrastructure become the default escrow and payouts layer for European platforms?

HQCopenhagen, Denmark
FoundersStefan Krumbæk, Mads Stolberg-Mathieu
IndustryInfrastructure / Payments
The story

ComplyPay is the trading name of Danish payments company ZTLment ApS. The company offers API-based 'compliant wallet infrastructure' — virtual IBAN wallets, multi-currency payouts, escrow-like splits and KYC — pitched to marketplaces and SaaS platforms. The product is powered by distributed ledger technology and rides on Banking Circle's payment infrastructure for global payouts.

Last 12 months
2025-05
2025-03
Product timeline
0
ZTLment ApS founded in Copenhagen, CVR 41801298· founding
2025
Partners with Banking Circle to power global payouts under the ComplyPay brand· banking
Regulated entities
Payment Institution / FT registration
Denmark (DFSA)
ZTLment ApS (trading as ComplyPay)
The stack
Payments / PSP
ComplyPay (self-operated)
Banking / BaaS
Banking Circle
Ledger
ComplyPay distributed ledger (in-house)
Sponsor bank
Banking Circle
FX & payouts
Banking Circle
Accounting gap: significant