Reform Technologies develops the Reform Digital Twin, a digital replica of banks' legacy AML systems that enables financial institutions to simulate, validate and optimise transaction monitoring frameworks before deploying changes to production. The company positions itself to help banks move beyond static legacy AML approaches toward continuous, measurable frameworks that can integrate newer technologies such as AI. Reform was co-founded by Louis Wittock, who serves as CEO, and Filip Verbeke, an AML expert. The business announced a €1 million equity funding round that included participation from several incoming board and advisory members. Following the financing, Reform appointed former ECB supervisory board member Elizabeth McCaul as chair, Larry Sobin as vice-chair, Jeff Lavine as a non-executive board member and Markus Schulz as chair of the advisory board. The article does not disclose revenue, user metrics, prior funding rounds, or a valuation.

Total raised

$1M

Funding rounds

1

Latest round

Equity

Latest activity

Jun 2026