PassFort

Compliance lifecycle management and KYC orchestration platform

Product Overview

PassFort is a compliance automation platform that streamlines Know Your Customer (KYC) and Anti-Money Laundering (AML) processes for regulated businesses. It offers a SaaS solution enabling companies to manage customer compliance information efficiently.

Features

  • Automated Compliance Workflows: Facilitates the automation of KYC and AML processes, reducing manual intervention and associated errors.
  • Customizable Compliance Policies: Allows businesses to build and manage compliance policies programmatically, adapting to various regulatory requirements.
  • Integration Capabilities: Supports system-to-system integrations with market-leading CRM and transaction monitoring systems, enabling seamless data exchange.
  • Low-Code Configuration: Provides a low-to-no-code solution with a smart policy builder featuring a drag-and-drop interface, simplifying the setup of complex workflows.
  • Real-Time Risk Monitoring: Offers tools for ongoing risk monitoring, helping businesses maintain up-to-date compliance status.
  • Secure Data Management: Ensures secure storage and management of customer data, adhering to industry standards for data protection.

Funding History

Series A

$16.2M

September 2021

Level Equity ManagementOpenOceanEpisode 1 VenturesEntrepreneur FirstShard Credit Partners

Undisclosed

Undisclosed
Moody's Investors Service

Company Details

Headquarters
🇬🇧 London, United Kingdom
Founded
2015
Type
Legal Tech Vendor
Total Funding
$16.2M
Funding Stage
Acquired
Investors
Entrepreneur First, Episode 1 Ventures, Level Equity Management, Moody's Investors Service, OpenOcean, Shard Credit Partners
Pricing
Custom
Deployment
Cloud