- Kord is a secure FCA-regulated UK fintech that simplifies infrastructure to streamline client onboarding and payment processing.
- Trusted by the property, legal and financial sectors, the platform delivers a secure, end-to-end platform which enables businesses to seamlessly manage the entire transaction lifecycle.
- API-driven and easy to integrate, the platform also helps counter AI-enabled fraud by verifying client documents against a broader range of data sources.
Website: https://kord.com/
Tell Us About Kord
Founded in 2020 by CEO James Owusu, Kord is a UK-based fintech focused on simplifying and securing client onboarding, identity verification and payment processing for businesses. Through the platform, businesses can verify customer identities, run anti–money laundering (AML) and compliance checks, digitally manage onboarding and document signing, and securely collect and process payments.
Want to be featured as TechRound’s Startup of the Week? Find out more about this weekly feature, and how to get involved, here.
What Makes Kord Unique?
Kord replaces a patchwork of compliance and payment tools with a single system, enabling clients to onboard faster, save money and stay compliant in an ever-evolving regulatory landscape. The platform provides a frictionless user experience while still adhering to the necessary checks and balances.
Kord inherently understands that as AI reshapes the threat landscape, verification must adapt alongside it. In an age where AI-enabled fraud is becoming more prevalent and sophisticated, Kord harnesses multiple data sources and offers third-party verification to combat this growing challenge.
Is There A Market For Kord?
When high-value transactions, such as property sales or legal settlements, fall through due to administrative frictions or delays, it can cost the UK economy hundreds of millions of pounds.
It’s costly for the nation and for the people who have put their time, money, and energy on the line, only for it to fall through the cracks. Kord can help overcome this by simplifying and speeding up the onboarding and payments processes without cutting corners or compromising necessary, thorough checks.
Where Can We Find Kord?
Kord has big plans for the year ahead, having just raised £6.4 million in Series A funding, led by Guinness Ventures, with participation from Beringea, SFC Capital and angel investors! This fresh capital will be used to continue growing the Kord team and drive product development to support new customer acquisition. Kord is headquartered in central London.
