How BVNK built a stronger, more scalable compliance program for a lean team

THE COMPANY

Pioneering stablecoin-powered payments

BVNK is a global fintech platform transforming cross-border money movement. With stablecoin rails, BVNK enables instant payments for businesses. The company is scaling across Europe, the U.S., and Asia, quickly gaining new enterprise customers. 

But with enterprise-level customers come enterprise-level security requirements. As they grew, BVNK realized they needed to build a mature, forward-looking compliance program to support rapid international growth and meet the high standards of customers and regulators.

‍

THE CHALLENGE

Manual evidence collection and compliance uncertainty slowed global expansion

As a cloud-first company operating globally, BVNK needed a reliable way to manage security and compliance across several frameworks. 

Lazar Lazarov, BVNK’s Head of Security, was the company’s first security hire. After joining the team, he could see they were spending significant time trying to understand their security posture and manually collecting evidence to prove it.

“Before introducing Vanta, we were spending a lot of time doing gap analysis and evidence gathering,” Lazar says. “We had to guess where we were and what we had to do to meet requirements.”

Lazar knew this process wasn’t scalable. “Usually, you'd need one or two people just collecting evidence—creating reports, screenshots, downloading logs,” he says. “It takes a lot of time and adds uncertainty.” Lazar evaluated several solutions but found that Vanta offered the best combination of automation, cloud integrations, and usability.

{{quote-2}}

‍

THE SOLUTION

Faster onboarding and clearer roadmaps with automation and cross-framework visibility

BVNK was able to stand up its Vanta instance in under a week. With seamless integrations across their cloud stack, the security team immediately gained visibility into their compliance status with a clear roadmap for future progress.

“Vanta shows us where we are today, and where we need to invest our bandwidth,” Lazar says. “It removed the guesswork.”

By connecting their tech stack to Vanta, BVNK automated evidence collection and audit preparation. That automation freed up significant time for the team while making audits easier for everyone involved.

“Now, instead of walkthroughs and file sharing during audits, our auditors just go into the platform and download what they need,” says Lazar. 

Vanta’s control mapping also helped BVNK scale into new frameworks with less friction. The company became ISO 27001 certified, which became the foundation for their DORA certification. Vanta was able to precisely identify all of the gaps BVNK needed to close and help them avoid duplicative work.

‍

THE IMPACT

A stronger, more scalable compliance program for a lean team

With Vanta, BVNK significantly reduced the manual effort required to maintain compliance year-round. “Using automated evidence collection saves us the time of one or two full-time team members,” says Lazar. “Without Vanta, our compliance journey would’ve been slower and far more resource-intensive.”

Lazar also highlights that Vanta enables better reporting and internal alignment. “We’re able to demonstrate our compliance to senior leadership in numbers, month by month,” he says. This allows executives to see the team’s progress and fully understand the impact of their investment in security.

And externally, using Vanta’s Trust Center has become an important differentiator for BVNK. It’s like the public face of the security team, Lazar says. The Trust Center shows BVNK’s security posture to partners and customers, and helps Lazar’s team skip a lot of back-and-forth on security questionnaires.

Vanta has become a strategic enabler for BVNK’s growth. By giving the security team the automation, visibility, and structure they need to scale securely, BVNK can meet evolving regulatory demands, move faster across global markets, and confidently support the business.

{{quote-3}}

‍