3 years ago

Encompass Secures $33 Million Funding to Accelerate Global Expansion

  • Encompass, a London, UK-based provider of intelligently automated Know Your Customer (KYC) solutions, raised $33 million in funding

  • The round was led by Perennial Partners, with participation from Serendipity Capital, Seven Seat Capital, Microequities Asset Management, Alan McIntyre, Tim Frost, and Ray Scott

  • The company intends to use the funds to accelerate its growth globally, including office openings and extensive recruitment in New York and Amsterdam, and ongoing product innovation and development, undertaken from three main engineering centers in Sydney, Belgrade, and Glasgow.

      • ProblemFinancial Services

      "making KYC compliance easier for financial institutions"

      Solution

      "transforming regulatory compliance and customer onboarding through automated KYC due diligence"

      Covered on