RegTech firm Kyckr has announced strong growth for its latest financial year ending June 26th. Founded in March 2007 and about to enter its twentieth year, the firm achieved 46% revenue growth year over year. As a result, the firm is celebrating the strongest year in its history.
This is a great start for CEO Steve Lamb, who was promoted to the role in August 2025. Lamb has since strengthened the leadership team with appointments of Ian Jones as its new Chief Technology Officer and Andrew Kellett as Head of Customer Delivery. The firm has also grown over the last year, recently hiring staff from both Veriff and Moody’s in recent months. The firm is still hiring, with currently two open positions.
Steve Lamb, CEO, Kyckr, said: “It’s a testament to the work of our incredible team that in its milestone 20th year, Kyckr has just delivered its strongest ever financial performance. The foundational KYB requirements for regulated firms are shifting, and demand for live company register data is only going to increase further.
“Over the past year we’ve recruited a new senior team, redrawn the product roadmap and expanded our network of partners to ensure our clients are ahead of changing requirements, not caught out by them. Our strong business performance this year is just the beginning.”
An expanding Customer Base
Over the last 12 months, Kyckr has also added 45 new clients. That includes its sixth Global Systemically Important Bank (G-SIB) – as defined by the Financial Stability Board. In total, there are only 29 G-SIBs on the current list.
The growth was in part due to the increasing regulation in both Australia and North America. In Australia, under the AML/CTF Reforms, newly regulated businesses providing designated services from July 1st 2026, must create an AUSTRAC Online account and complete enrolment by July 29th 2026.
In the US, FinCEN, now requires most of the previously exempt private fund managers to implement AML/CFT programs and report suspicious activities, as of January 1st 2026. In both regions, not only is regulation tightening, but firms are under increasing pressure to demonstrate that KYBprocesses are robust and dynamic rather than using static records.
Kyckr’s partner ecosystem has also expanded in the last year. The firm now has over 50 AML orchestration partners. Recent additions include Athennian in North America and Infotrack in Australia.
Looking forward
KYB solutions such as Kyckr are growing in importance. Regulation, both legal and oversight, is increasing. Despite this, there is still a huge problem. According to McKinsey, Interpol believes that the financial industry detects only about 2 percent of global financial crime flows.
According to the 2026 INTERPOL Global Financial Fraud Threat Assessment, “AI-enhanced fraud is 4.5 times more profitable than traditional methods. “Agentic AI” systems can autonomously plan and execute complete fraud campaigns – from reconnaissance to ransom demands.”
Organisations can no longer rely on static lists but must move as fast as criminals. 360 Research reports indicate that there is a growing need for KYB Tools for compliance. The KYC and ID Verification market is estimated at USD 6,012.27 million in 2026, and will rise to USD 36,802.39 million by 2035, at a CAGR of 22.3%.
At the start of the year, research from Kyckr, “The Data Blind Spot: Uncovering a Major Cause of UK AML Fines”, found that 68% of UK regulatory anti-money laundering fines were linked to poor data quality.
Lamb commented, “These findings show that policy alone isn’t enough and that data quality now plays a significant role in AML effectiveness. Financial institutions must be able to prove that their customer information is both accurate and verified in real time.”
Kyckr intends to further enhance its platform. It is already one of the most comprehensive live registry networks in the industry with connections to over 300 official sources worldwide. The firm has a robust roadmap; it will invest in the core network and is developing a solution to support the European Business Wallet framework that will provide a reusable business identity within the EU.
Enterprise Times: What does this mean?
Kyckr is well placed to take advantage of the increasing demand for KYB solutions. Under Lamb’s leadership, the firm has thrived. The solid revenue growth, an enlarged ecosystem and a solid roadmap bode well for the future.
However, as a private company, it has shared little more than what was in the press release. There is no indication of how it intends to expand. It currently has offices in London, Ireland and Australia, but may need to open more if it wishes to continue this rapid expansion.
For Kyckr, the path forward is clear: leverage its 46% growth to fund a strategic US expansion. With FinCEN’s new rules creating a surge in demand for dynamic KYC, a physical presence in the US could be the differentiator that turns its ‘strongest year’ into a decade of dominance. The question isn’t if they will expand, but how fast they can scale their network to meet the US regulatory tide.
