UiPath acquires WorkFusion to expand agentic automation for financial services

UiPath has completed the acquisition of WorkFusion, strengthening its position in agentic automation for banking and financial services. The transaction brings together UiPath’s orchestration and automation platform with WorkFusion’s purpose-built AI agents designed for financial crime compliance, including anti-money laundering and know your customer operations.

The acquisition is positioned as a strategic move to broaden UiPath’s industry solutions portfolio, particularly for institutions facing rising regulatory pressure and increasingly complex financial crime threats. By combining the two platforms, UiPath aims to offer banks and financial institutions a more integrated approach to automating end-to-end compliance workflows while maintaining governance and regulatory controls.

The deal closed during UiPath’s first quarter of fiscal 2027. Financial terms were not disclosed. The announcement was made in Singapore on 10 February, underscoring the importance of Asia-Pacific as a growth market for enterprise automation and compliance technology.

Expanding automation across financial crime compliance

WorkFusion is known for its pre-built library of AI agents that automate labour-intensive compliance tasks, including customer screening, transaction monitoring and investigations. These agents are designed to handle high volumes of alerts and data, reducing manual effort while improving consistency and speed across compliance operations.

Integrated with UiPath’s agentic automation and orchestration capabilities, the combined solution is intended to automate complex workflows that span multiple systems and teams. This includes analysing large data sets to identify patterns, routing cases based on risk and priority, and escalating decisions that require human judgement. The approach reflects a growing shift towards human-in-the-loop automation, where AI supports compliance teams rather than replacing them.

For financial institutions, the combined platform promises operational cost reductions alongside improved effectiveness in meeting regulatory obligations. By automating repetitive tasks and improving case prioritisation, banks can focus specialist resources on higher-risk investigations while maintaining auditability and transparency, which remain critical requirements for regulators.

Leadership perspectives on scale and strategy

Adam Famularo, CEO of WorkFusion, described the acquisition as a milestone for the company’s mission in financial crime compliance. “Joining UiPath is a moment of validation for the years our team has poured into creating something bold, different, and deeply needed in financial crime compliance, AI agents that automate work and mitigate risk,” Famularo said. “Now, UiPath gives us the scale to grow faster than we ever could alone, without losing the heart of who we are, our people, our products, and our mission. Together, we’re creating something bigger than any one company: we are modernizing financial crime compliance. I’ve never been more excited for our future or more proud of the team carrying us there.”

From UiPath’s perspective, the acquisition supports a broader push into industry-specific agentic solutions. Daniel Dines emphasised the need for more intelligent and specialised tools in the face of evolving financial crime risks. “Financial institutions need intelligent solutions to combat sophisticated financial crimes and navigate evolving compliance requirements,” Dines said. “Incorporating WorkFusion’s purpose-built AI agents for financial crime compliance into our platform expands our portfolio of agentic AI solutions for these industries, extending our ability to deliver comprehensive business orchestration and automation solutions to our customers. We’re delivering a powerful set of AI-powered solutions capable of automating and orchestrating critical compliance processes and workflows while working alongside people to deliver impact.”

The comments highlight UiPath’s focus on orchestration as much as automation, positioning agentic AI as a way to coordinate systems, data and human decision-making rather than simply speeding up isolated tasks.

Implications for banks and the broader market

The acquisition reflects wider trends in financial services technology, where compliance functions are under pressure from both regulators and rising operational costs. Financial crime compliance remains one of the most resource-intensive areas for banks, particularly as transaction volumes grow and criminal techniques become more sophisticated.

By integrating WorkFusion’s AI agents into its platform, UiPath is signalling an intent to move deeper into regulated, mission-critical workflows. This contrasts with general-purpose automation, which often struggles to meet the governance and audit requirements of regulated industries. The combined offering aims to address these concerns by embedding security, controls and transparency into automated processes.

For banks, the deal may accelerate adoption of agentic automation as a practical tool for compliance transformation rather than a future concept. The promise of reduced false positives, faster investigations and better use of skilled staff aligns closely with the operational challenges faced by large financial institutions globally.