Danish FSA Bars Inpay from New iGaming Agreements After Finding Serious AML Control Failures
TL;DR — Finanstilsynet has blocked Inpay A/S from new iGaming agreements after a March review found serious AML violations, including inadequate customer due diligence on high-risk clients. The breaches affected the majority of its gaming portfolio and involved complex, non-EU ownership structures. Inpay must demonstrate approved fixes before the ban lifts.
SCCG Take — This order shows Danish authorities will freeze expansion for payments providers with AML gaps in the igaming sector. Vendors and operators must treat customer due diligence as a non-negotiable licensing condition.
The Danish Financial Supervisory Authority has barred Inpay A/S from entering any new agreements with online gaming operators until it corrects serious violations of Denmark’s Money Laundering Act. Finanstilsynet imposed the temporary restriction after a March inspection uncovered deficiencies in the payments provider’s anti-money laundering controls, according to Focus Gaming News.
Inpay A/S holds a licence under the Danish Payments Act as an e-money institution authorised to provide international payment services. Its client base includes online gaming companies alongside corporate entities, financial institutions and crypto businesses. The company has agreed to suspend new igaming relationships until it can document strengthened procedures that receive explicit regulatory approval.
The March review determined that Inpay failed to provide sufficient evidence of adequate customer due diligence on its igaming clients. Specific breaches included failing to properly identify the purpose and nature of flagged business relationships and failing to conduct thorough assessments of high-risk customers.
Regulator’s Assessment of Violation Severity
Finanstilsynet stated: “The Danish FSA assesses that the violations are serious, and that the scope and type of customer, including the complexity of ownership structures and activities across many countries, are aggravating factors in terms of how significant the violation is.” The authority added that the issues affected the majority of the company’s igaming portfolio.
It further noted: “These customers operate within online gaming, which is an industry with an increased risk of money laundering, and the majority are located outside Denmark and often outside the EU.”
Requirements to Lift the Restriction
Inpay A/S must present documentation proving it has addressed the identified shortcomings in customer due diligence and risk assessment. Finanstilsynet will not permit resumption of igaming portfolio expansion until those corrections receive formal approval. This enforcement action rests solely on the specific AML breaches recorded during the March inspection.
The case underscores the exacting standards applied to payments firms handling igaming flows in Denmark. Providers must maintain verifiable controls calibrated to the sector’s documented risk profile and the cross-border nature of its customers. Operators reliant on such partners face immediate commercial limits when those standards are not met.
Reporting: Focus Gaming News
Generated by SCCG’s automated editorial system from published source reporting. SCCG Management holds editorial responsibility.
Denmark just proved payment providers with weak AML hygiene will lose the license to grow — no exceptions.
We work across 545 partners in every regulated market, and the message here is clear: AML compliance is now an expansion gate, not a checkbox. Danish FSA didn't fine Inpay — they froze growth. That's the new playbook. Operators choosing payment partners and processors building igaming books need bulletproof due diligence or risk the same paralysis.
- Finanstilsynet blocked all new iGaming deals until Inpay fixes customer due diligence failures across majority of gaming portfolio
- Violations centered on high-risk, non-EU clients with complex ownership — exactly the profile regulators scrutinize hardest
- Growth freeze stays until regulator approves remediation; compliance is now a commercial gate, not back-office issue
SCCG angle: SCCG vets and connects operators with payment processors, compliance tech, and KYC vendors across all regulated markets. When a partner faces an AML freeze like this, we help clients audit their own stack and source vetted alternatives fast — because we already know who passes regulatory inspection in Denmark and every other jurisdiction.
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