BlueMonks to Open New Office in Vilnius
New investments, Tech

BlueMonks to Open New Office in Vilnius

June 18, 2024

BlueMonks, a specialist in KYC/AML services, is expanding its operations to Vilnius, Lithuania, with the opening of a new office in June 2024. This expansion is set to create up to 20 highly skilled new jobs over the next two years, bolstering the company’s capabilities to serve its European clients. 

BlueMonks was founded in 2020 by Robert van Asch and Mark van Wijk, both with more than 20 years of experience in the financial industry. It is the product of their combined vision. The company offers a comprehensive end-to-end Know-Your-Customer (KYC) solution, assisting clients in onboarding and reviewing their customers according to the strict European Anti-Money Laundering Directive (AMLD). The company follows a unique hybrid approach, combining tools, human capital, and comprehensive services to fully unburden clients. 

According to the company’s founders, Lithuania was chosen for its strategic location, robust digital infrastructure, and supportive labour regulation. The country’s growing tech sector and availability of skilled professionals in the fields of KYC and AML make it an ideal location for BlueMonks’ new office. Additionally, the Lithuanian government’s initiatives to support the AML/KYC market and favourable business environment further influenced the decision. 

Expanding to Lithuania is a strategic step for BlueMonks. The vibrant tech ecosystem and the availability of highly skilled professionals here are perfectly aligned with our growth strategy. We are excited to bring our innovative solutions closer to our European clients from our new base in Vilnius.
Robert van Asch, Co-owner and Managing Director of BlueMonks

In the first six months, BlueMonks plans to establish its office and start hiring its initial employees, including a local Team Lead to support the KYC/AML team in the Netherlands for international clients.  

BlueMonks' establishment here highlights the strength of our tech sector and the quality of our talent pool. The rising number of newcomer companies in this field, alongside the proactive work of our national Centre for Anti-Money Laundering, brings us closer to becoming a regional AML powerhouse.
Elijus Čivilis, General Manager of Invest Lithuania
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Aistė Žebrauskienė
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    Aistė Žebrauskienė Press Officer
    Thank you!

    Thanks for reaching out to us, this means a lot! We will get back to you shortly.

    Meanwhile, we invite you to discover what’s new in the Lithuanian business landscape.

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