Tag: Know Your Customer

RegTech firm Know Your Customer has partnered with business expansion specialist Tricor to simplify and digitise Tricor’s onboarding and AML processes across Asia.

Founded in 2015, Know Your Customer provides digital onboarding solutions to financial institutions and regulated organisations globally. The company builds its KYC platform as an interconnected set of web apps, APIs, databases and pre-trained machine learning models – and is helping to change the game in digital corporate onboarding.

As investment into RegTech skyrockets in 2021, RegTech Analyst has named the 100 must know companies in the sector as we head into 2022.

The total value of fines issued so far in 2020 against companies failing to comply with anti-money laundering and know your customer rules totalled $5.6bn, with APAC regulators dramatically increasing their sanctions.

Irish RegTech platform Know your Customer has reportedly received a new investment from Hong Kong-based fundraising platform AngelHub.

RegTech 100 company Know Your Customer has landed a ?250,000 investment from Enterprise Ireland.

Kyckr, a Know Your Customer RegTech provider, has raised $5.3m via a placement from a small group of institutional and sophisticated investors.

A number of banks in the Nordic region are looking to create a common Know Your Customer (KYC) joint venture.

Cambridge Blockchain, a distributed digital identity system, has raised $7m in a Series A financing round.

KYC is looking to raise capital through a Series A funding in Q1 2018, with ICOs being ‘a recipe for disaster’ according to CEO Claus Christensen.