Compliance startup Letzz secures investment from former Kindred CEO Henrik Tjärnström
Letzz, a Malta-based regtech startup, has secured substantial funding from Henrik Tjärnström, the former CEO of Kindred Group. This investment will enable Letzz to realise its potential to revolutionise compliance in the iGaming industry with its innovative, AI-driven workspace.
Compliance has long been viewed as a costly and complex challenge for iGaming operators. Letzz is flipping this narrative by turning compliance into a strategic advantage. The workspace can currently reduce time spent on regulatory research by up to 90%, with works underway to optimise and automate further compliance processes, offering operators a competitive edge in an increasingly complex regulated landscape.
“Managing compliance in the iGaming sector has become a significant burden, with costs in regulated markets rising faster than revenues over the past few years,” said Daniel Gambin, co-founder of Letzz. “Our mission is to simplify this process without compromising on accuracy or security. We’re giving operators the tools to stay ahead of changes while saving time and resources.”
With features such as automated regulatory news scanning and an expert-validated compliance knowledge base, Letzz ensures operators have a single, reliable source of truth for compliance management. The platform’s transparency and auditability enables seamless collaboration across companies and advisors, fostering informed decision-making.
“Managing compliance in the iGaming sector has become a significant burden, with costs in regulated markets rising faster than revenues over the past few years,” said Daniel Gambin, co-founder of Letzz. “Our mission is to simplify this process without compromising on accuracy or security. We’re giving operators the tools to stay ahead of changes while saving time and resources.”
With features such as automated regulatory news scanning and an expert-validated compliance knowledge base, Letzz ensures operators have a single, reliable source of truth for compliance management. The platform’s transparency and auditability enables seamless collaboration across companies and advisors, fostering informed decision-making.
Managing compliance effectively is one of the biggest and potentially costliest pain points in iGaming today. Letzz is tackling this challenge head-on, developing a platform that’s secure, reliable, and practical for operators. I’m proud to support a solution that addresses such a critical industry need.
Henrik Tjärnström
Letzz was founded in 2023 by iGaming veterans Daniel Gambin and Predrag Spasojevic. Their approach is poised to make a significant impact on the iGaming industry, turning compliance into a strategic asset.
