Magnolia Financial, the Bitcoin-native financial services company focused on simplifying onramp and custody for Bitcoin businesses, today announced its partnership with Amboss Technologies. Through this collaboration, Magnolia will integrate Reflex, Amboss’s advanced compliance and risk management platform, into its Lightning Network operations.
“As we build a trusted onramp and custody experience for Bitcoiners, we knew that risk and compliance couldn’t be an afterthought,” said Harsha Goli, CEO of Magnolia Financial. “Our core requirement was finding a partner who shares our philosophy on Bitcoin and responsibility. Reflex is not only aligned with our values but also purpose-built for the nuances of Lightning. It was the clear choice.”
Reflex delivers a powerful suite of features tailored for Bitcoin-native companies, including automated Anti-Money Laundering (AML) policy enforcement, real-time sanctions screening, and comprehensive risk monitoring. With Reflex, Magnolia can continuously evaluate payment channels, verify sources of funds, and flag potential compliance risks—all while maintaining the fast, peer-to-peer integrity of Lightning transactions.
“We’re proud to support Magnolia Financial’s mission to deliver regulated, Bitcoin-forward financial services,” said Jesse Shrader, Co-founder and CEO of Amboss Technologies. “Reflex provides the compliance infrastructure needed to operate responsibly at scale, without compromising the principles that make Bitcoin valuable.”
This partnership marks a major step forward in developing the financial stack for Bitcoin-native businesses. With Reflex, Magnolia will be equipped to meet its regulatory obligations while preserving the privacy, speed, and ethos of Bitcoin’s Lightning Network.
Together, Magnolia Financial and Amboss Technologies are building the infrastructure to power the next generation of global Bitcoin services.
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