PassFort is on a mission to digitally transform the way compliance professionals work, breaking the compromise between compliance and customer experience in the fight against financial crime.
We stop financial crime not good customers.
Born in the cloud, PassFort’s SaaS solutions are designed for the digital economy. They are hardware-free, affordable, flexible to configure and easy to use, with constant feature innovation and a choice of deployment options.
Our low to no-code solution thrives on complexity, such as multiple customer types, multiple product lines and multi-jurisdictions, solving challenges at scale without being costly to implement and evolve.
We enable regulated financial services companies to rapidly onboard customers then manage risk and compliance standards throughout the customer lifecycle. Our integration model enables us to ingest datasets from any provider and interoperate with any system. We help you build a data ecosystem, with pre-built connectors to more than 25 data providers and growing.
PassFort’s dynamic orchestration of customer due diligence (CDD), enhanced due diligence (EDD), Know Your Customer (KYC), Know Your Business (KYB) and anti-money laundering (AML) workflows puts the weight of compliance activity on automation and our risk engine, not your customers.
We layer automation to speed up manual processes and remedial tasks that can’t be automated, bringing your compliance team in where they add most value for analysis, judgement and decision-making.
More efficiency and greater customer experiences. No compromise.
We stop financial crime not good customers.
Born in the cloud, PassFort’s SaaS solutions are designed for the digital economy. They are hardware-free, affordable, flexible to configure and easy to use, with constant feature innovation and a choice of deployment options.
Our low to no-code solution thrives on complexity, such as multiple customer types, multiple product lines and multi-jurisdictions, solving challenges at scale without being costly to implement and evolve.
We enable regulated financial services companies to rapidly onboard customers then manage risk and compliance standards throughout the customer lifecycle. Our integration model enables us to ingest datasets from any provider and interoperate with any system. We help you build a data ecosystem, with pre-built connectors to more than 25 data providers and growing.
PassFort’s dynamic orchestration of customer due diligence (CDD), enhanced due diligence (EDD), Know Your Customer (KYC), Know Your Business (KYB) and anti-money laundering (AML) workflows puts the weight of compliance activity on automation and our risk engine, not your customers.
We layer automation to speed up manual processes and remedial tasks that can’t be automated, bringing your compliance team in where they add most value for analysis, judgement and decision-making.
More efficiency and greater customer experiences. No compromise.
Location: United Kingdom, England, London
Employees: 51-200
Total raised: $16.2M
Founded date: 2015
Investors 4
| Date | Name | Website |
| - | Volution | volution.v... |
| - | Episode 1 ... | episode1.c... |
| 14.09.2021 | Level Equi... | levelequit... |
| - | Entreprene... | joinef.com |
Funding Rounds 1
| Date | Series | Amount | Investors |
| 21.09.2021 | Series A | $16.2M | Level Equi... |
Mentions in press and media 11
| Date | Title | Description |
| 15.06.2022 | Shard Credit Partners launches £75 million venture debt fund to back fintech and SaaS firms | Venture debt is becoming increasingly popular with high-growth technology companies globally in recent years. While the asset class is highly developed in the U.S., the venture lending market is in its infancy in the U.K. Betting big on the... |
| 08.11.2021 | UK consumers skeptical about 'common digital identity' | The idea of a 'common digital identity' (CDI), that would allow access to a range of services, offers huge benefits to financial institutions in delivering better, faster, and more reliable checks for consumers. Consumers themselves, howeve... |
| 21.09.2021 | Regtech start-up PassFort lands $16.2m Series A funding round | Software-as-a-Service (SaaS) regtech platform PassFort has closed a Series A funding round, raising $16.2 million. PassFort CEO Donald Gillies The fundraise was led by US growth equity fund Level Equity, with participation from existing inv... |
| 15.09.2021 | Regtech startup PassFort banks $16.2M Series A | London-based PassFort has raised $16.2 million in a round led by Level Equity, with participation from Open Ocean, Episode 1 Ventures and Entrepreneur First. Shard Credit Partners also provided $4.9 million in venture debt. The startup's pl... |
| 14.09.2021 | PassFort Secures $16.2M in Series A Funding | PassFort, a London, UK-based SaaS RegTech platform, raised 16.2m USD in Series A funding. The round was led by Level Equity, with participation from existing investors OpenOcean, Episode 1 and Entrepreneur First. $4.89m worth of venture deb... |
| 14.09.2021 | SaaS RegTech PassFort closes on $16.2 million Series A | London-based SaaS RegTech provider PassFort has closed a $16.2 million Series A funding round. The Series A was led by the US growth equity fund, Level Equity, with participation from PassFort’s existing investors OpenOcean, Episode 1 and E... |
| 14.09.2021 | Regtech PassFort Raises $16.2 Million Series A, Looks Towards Global Expansion | PassFort, a Regtech that offers automated financial crime and compliance services, has raise $16.2 million in Series A funding with the intent to pursue a global expansion. The funding round was led by Level Equity in the US with participat... |
| 14.09.2021 | PassFort, a regtech SaaS for KYC and AML, nets $16.2M | London-based PassFort, a SaaS provider that helps business meet compliance requirements such as KYC (Know Your Customer) and AML (Anti-Money Laundering) reporting, has closed a $16.2 million Series A led by U.S. growth equity fund Level Equ... |
| 14.09.2021 | RegTech Provider PassFort Closes $16.2 Million Series A Funding Round | PassFort Announces Close of Series a Round, Securing $16.2 Million to Fund Global Expansion PassFort, the SaaS RegTech provider whose platform automates financial crime and compliance processes, announced the close of its Series A funding, ... |
| 16.09.2016 | The Missing Regtech Startups In Singapore & Hong Kong | Regtech might not be a familiar name to most people but it is an important component in the fintech space. Regtech stands for regulatory technology which exists to help financial institutions and other organizations comply with increasingly... |
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