RegTech Startups London #1 REGULATORY STARTUPS LONDON 2020 UK Guide
Yes it’s a real term and falls within the larger GovTech category and we should 100% encourage them because ultimately they exist to ease the completion of regulatory information by reducing friction and make it more transparent. They are the ultimate red tape cutters of the 21st century so let’s take a look at the best regulatory scale ups the capital has to offer.
Onfido want to create a more open world, where identity is the key to access by being the new identity standard for the internet.
Their AI-based technology assesses whether a user’s government-issued ID is genuine or fraudulent, and then compares it against their facial biometrics.
That’s how they give companies like Revolut, Zipcar and Bitstamp the assurance they need to onboard customers remotely and securely.
Napier AI are big on the compliance side of regulation and one of their services is to rapidly load and cleanse external data, They do this by automatically cleansing data from internal and external sources to prepare for optimal screening as well as for watch- and sanction lists from different providers.
Passfort was founded in 2015 by Donald Gillies and Henry Irish. They were on a mission to revolutionise customer onboarding and work hardto change the way compliance and trust were managed in regulated markets.
Technology and teamwork brought their vision to life. Now, based in the heart of London, the PassFort team has created a KYC/KYB (Ed: Nope, no idea either…) and fully serviced customer onboarding solution that you will love.
If you like our RegTech Startups London & UK Guide do also check out our full Best London Startups 2020 Guide as well as our categories guides for Legal, Wealth, Health, Sports, FemTech, Eco, Ethical, Energy, FashTech, AI, Blockchain, FinTech, Edtech and GovTech