Trapets Ab

What It Does

Trapets is a Swedish software company that builds financial-crime prevention tools for banks, financial institutions and regulated firms. Its products cover anti-money-laundering transaction monitoring, customer and account screening, and Know Your Customer (KYC) checks, with a stated focus on automatically flagging suspicious activity and transaction patterns. The platform is sold to compliance teams rather than to law firms directly, so its relevance to legal practitioners is largely through regulatory and financial-crime advisory work.

What We Found

Trapets was founded in 2000 and is headquartered in Stockholm. In 2021 it acquired Regtech Solutions, a Swedish KYC and screening vendor, and brought in the investor Monterro as a majority shareholder in a deal reported to value the company at around SEK 320M. The company describes itself as serving 200+ customers and monitoring billions of transactions per day.

What We Haven’t Verified

• Transaction volumes (“over 3 billion per day”) and customer counts (“200+”) are vendor-reported figures we have not independently confirmed.
• Headcount and current revenue — third-party profiles (RocketReach, Tracxn) list estimates that we have not verified.
• Pricing is not published.
• This is a financial-compliance vendor, not a law-firm tool; its fit for legal practitioners is indirect.