THE COMPLIANCE LAYER THAT MAKES EXPORT-CONTROLLED PAYMENTS PROVABLE
Verax is an AI-native compliance orchestration layer for UK importers of dual-use and export-controlled industrial goods — semiconductor tooling, photonics, lab and scientific instrumentation, precision components — paying suppliers across the EU and Asia. We are the compliance, AI and UX layer; licensed money movement will run on an FCA-authorised EMI's rails (agent registration in progress).
CLASSIFY, SCREEN, AND PROVE IT.
Verax is the compliance, AI and UX layer for export-controlled cross-border payments. Licensed money movement will run on an FCA-authorised EMI's rails (agent registration in progress); any stablecoin leg runs on licensed BaaS partners. Verax holds no client funds and takes no crypto custody — we make the payment provable.
Export-control classification, built into the payment
HMRC SPIRE / OGEL and ECJU dual-use classification run inside the payment flow. Every invoice is checked against the UK Strategic Export Control List before funds move, so the licence question is answered at clearance time — not after.
AI compliance agents
Agents read the invoice, screen counterparties for adverse media, and draft Suspicious Activity Reports for a human compliance officer to review and sign. The analyst stays in control; the busywork goes away.
An audit trail a regulator can read
Every check, decision and approval is written to an immutable, cryptographically hash-chained record. Any regulator or auditor can replay exactly what happened, when, and why — without taking our word for it.
BUILT FOR DUAL-USE IMPORTERS.
Verax serves UK Ltd importers of export-controlled industrial goods — typically £10M–£100M turnover, 5–50 invoices a month, £25k–£100k an invoice — paying suppliers across the EU and Asia. The hard part is not the wire; it is proving the goods are cleared to move.
Semiconductor & advanced electronics
Wafer-fab tooling, test and metrology equipment, advanced components and the electronics supply chain — much of it dual-use under the UK Strategic Export Control List. Verax classifies and clears these payments at source.
Photonics & optics
Lasers, optical assemblies, imaging and sensing hardware sourced from EU and Asian suppliers. End-use and licence questions are answered inside the payment, not chased afterwards.
Scientific & lab instrumentation
Analytical, measurement and laboratory instruments where classification turns on technical thresholds. AI agents read the invoice and map the goods to the right control entry.
Precision industrial components
Machined parts, specialist materials and defence-adjacent components for UK manufacturers. Verax keeps the evidence trail an auditor or regulator can replay end to end.
Licensed rails, no custody at Verax
Fiat money movement will run on Clear Junction, an FCA-authorised EMI (agent registration in progress); any stablecoin leg will run on licensed BaaS partners with custody held by the partner via Fireblocks. Verax never holds client funds.
Hard sanctions exclusions
Russia, Belarus, Iran, North Korea and Syria are excluded as a matter of constitution — written into the customer agreement, the AML and screening stack, and the articles of association.
Verax Systems Ltd is a technology provider, not a bank, EMI or cryptoasset service provider. Regulated services are provided by authorised third-party partners; Verax holds no client funds.
BUILT BY COMPLIANCE & SYSTEMS PEOPLE
Verax is built by an engineer who has spent his career on high-performance data and compliance systems. The compliance engine, the AI agents and the hash-chained audit trail are all in-house. Senior compliance and engineering hires follow as we scale the pilot.
- •Builder of the Verax compliance orchestration stack end to end
- •Background in high-performance data and compliance systems
- •Designed the AI agents and hash-chained audit trail
- •UK fintech AML and financial-crime experience
- •Export-control / dual-use familiarity (ECJU, SPIRE)
- •ICA Diploma (AML) or equivalent
- •Scaled payments infrastructure at fintech grade
- •Deep distributed systems and data engineering
- •Security-first, audit-ready engineering posture
We are recruiting a small group of UK importers as design partners, and in conversation with advisors across compliance, export control and payments. We introduce a named partner or advisor only once the arrangement is in place.
DON'T TRUST US. REPLAY THE EVIDENCE.
The model is structural, not promotional. Licensed rails belong to an FCA-authorised EMI; custody belongs to a licensed partner; the classification, screening and audit trail belong to Verax. We are preparing a private pilot with design partners and label what is live versus designed.
“Every classification, screen, decision and approval is hash-chained, so an HMRC or ECJU reviewer — or an auditor — can replay exactly what happened on any invoice, and verify it has not been altered.”
BECOME A DESIGN PARTNER.
We are working with a small number of UK importers of dual-use and export-controlled goods to clear supplier payments to the EU and Asia with the compliance built in. If you move 5–50 invoices a month at £25k–£100k each, we would like to talk.
- A walkthrough of the compliance layer on your own invoice types
- Dual-use classification (SPIRE / OGEL / ECJU) mapped to your goods
- Onboarding target: roughly two weeks, not the usual six to ten
- Single-invoice clearance in hours — design target
- An immutable, hash-chained audit trail your auditors can read
A short call to see if it fits.
Tell us what you import and where your suppliers are. No obligation, no sales theatre.