Encompass Corporation Raises $33M In Funding To Automate Kyc For Global Banks, Expand Globally
03/14/22, 7:00 AM
Money raised
$33 million
Encompass Corporation, the provider of intelligently automated Know Your Customer (KYC) solutions, today announced the completion of a successful capital raise of approximately $33M (£25M). Perennial Partners, a major Australian investment management company, served as the lead investor, joined by financial services focused principal investing firm Serendipity Capital, Seven Seat Capital, and FinTech investment firm Microequities Asset Management. There were also follow-on investments from several existing shareholders, including Alan McIntyre, former Global Head of Banking Services at Accenture, and Tim Frost, ex-Chairman of IHS Markit, as well as experienced technology investor Ray Scott.
Company Info
Additional Info
Encompass Corporation (Encompass) transforms regulatory compliance and customer onboarding with Know Your Customer (KYC) automation. As a global leader in automated KYC due diligence worldwide, Encompass serves global banks and financial institutions to streamline their KYC process and comply with regulations and requirements. Launched in 2012, Encompass serves customers across the globe and features offices in Amsterdam, Belgrade, Glasgow, London, New York, Singapore and Sydney. To learn more, visit EncompassCorporation.com.
SOURCE Encompass Corporation