Click here for the Danish article on the Børsen website.

This article from the Danish newspaper Børsen, written by Julie Søltoft, profiles Avallone CEO and Co-Founder Anders Meinert Jørgensen and his decision to leave his role as Head of Compliance at Danske Bank to co-found Avallone, a company built to help large organisations manage the rising burden of KYC and financial crime compliance.

In the piece, Jørgensen explains that after more than two decades in banking he had seen first-hand how damaging money laundering can be and how overwhelming KYC obligations have become for corporates and banks alike. He describes KYC as an “enormously intense job” for companies and notes that the growing number of requirements has turned compliance into a major operational challenge.

The article highlights how Avallone was founded in 2020 after Jørgensen and his co-founders interviewed a range of large companies who confirmed the scale of the compliance workload. Jørgensen shares that his motivation came from wanting to use his experience to create better solutions, rather than return to big-bank life. He adds that the move was driven by a desire to build something new and help businesses navigate complex KYC demands more efficiently.