kompany, a Vienna, Austria-based RegTech platform for Business KYC (KYB), raised newly €6m in funding.
The round was led by Fairway Global Investment, together with Global Brain, a major venture capital firm based in Tokyo, Japan, who acted as co-investor. with participation from existing shareholders, including the European Super Angels Club and the management team.
The company intends to use the funds for the continued development of key technologies to serve its international client base.
Led by Founder & CEO Russell E. Perry and COO Johanna Konrad, kompany provides a RegTech platform for Global Business Verification and Business KYC (KYB) for AML compliance. Its API platform and collaborative web-based KYC workspace provide financial institutions, payment providers, insurers and other regulated corporations the automation platform and tools required for Business KYC (KYB) and audit-proof business verification for anti-money-laundering compliance. Clients include global and international banking groups, FinTechs, Big Four accounting firms, law firms, Banking-as-a-Service and compliance platforms, as well as multinational corporations.
kompany is an alumnus of Mastercard Startpath, Plug and Play FinTech, Raiffeisen Bank International’s Elevator Lab, the Oracle Scale Up programme and founding member of the International RegTech Association and the Austrian Blockchain Association.
The company also has offices in London, New York, and Singapore.