kompany, a Vienna, Austria-based regulatory technology RegTech provider of authoritative Global Company Intelligence for Know Your Customer (KYC) & Anti Money Laundering (AML) processes, received a seven-digit equity investment.
Backers included Hermann Hauser’s I.E.C.T. Capital Partners, Stefan Schneider (floor13.de) and other financial investors.
The company will use the funds to expand its global presence to cover 150 million companies worldwide and to develop new services such as an international Ultimate Beneficial Owner (UBO) analysis tool.
Founded in 2012 and led by Russell E. Perry, kompany provides real-time access to official and authoritative commercial register data, including company filings from more than 100 million companies in 150+ jurisdictions. The proprietary core engine ARTSS (Adaptive Real-Time Semantic Search) connects government registers and other KYC & AML sources worldwide. Value added services such as Politically Exposed Person (PEP) & Sanction list checks, enhanced VAT and IBAN number verifications and monitoring & alerting complete the cloud offering. The service can be instantly accessed via web or integrated into internal ERP or CRM systems through an API.
The current client base includes 35,000 businesses from over 100 countries.
FinSMEs
20/05/2017