Meo accelerates European expansion with launch in Austria

Meo
July 9, 2024
5 min read

Meo accelerates European expansion with launch in Austria

Today, we're thrilled to announce that Meo is expanding into the Austrian market through a partnership with Compass-Gruppe. This move marks a significant milestone as we continue our mission to help our customers set new standards in compliance operations globally.

We're also excited to welcome Steffen Bilde, our former Chief Product & Technical Officer, as Meo’s new CEO. Steffen’s leadership will usher in a new phase of growth as we prepare to introduce even more advanced digital compliance solutions across markets.

Partnership with Compass-Gruppe

Our partnership with Compass-Gruppe is a key highlight of this expansion. Compass-Gruppe is the leading provider of business information in Austria and has been supplying companies and institutions with reliable and up-to-date data for 157 years.

"This partnership allows us to offer unique Austrian company and ownership data, streamlining operations for compliance teams and enhancing their efficiency," says Steffen Bilde, CEO at Meo.

Why Austria?

Austria is a natural fit for our growth ambitions due to its strong adherence to EU AML regulations and proactive adoption of digital compliance solutions. This market presents a robust opportunity for Meo to demonstrate our capabilities and expand our footprint.

With our entry into Austria, Meo now operates in five EU countries, reinforcing our dedication to providing tailored compliance solutions internationally.

Welcoming Steffen Bilde as our new CEO

Steffen Bilde brings a wealth of expertise from his previous roles at Dixa and Coinify, where he led product and customer-driven growth. We are excited to embark on this next chapter of our journey under his leadership.

"Steffen’s extensive experience is invaluable as we continue to innovate and enhance our platform for compliance teams," says Lars Jensen, Chairperson of the Board at Meo. "His ability to balance perfecting products with timely delivery, along with his deep customer focus and leadership across all organizational levels, will drive our next phase of growth."

About us

Meo is a modern operating system for compliance teams in AML-regulated businesses. Our end-to-end platform for KYC and KYB enhances compliance capabilities for B2B clients in the legal and financial services sectors. Founded in 2017, our mission is to simplify complex regulatory landscapes into manageable, user-friendly solutions, fostering safer business operations.

Stay tuned for more updates as we continue to grow and innovate!

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