Encompass Corporation

Know Your Customer regulation platform

Encompass Corporation logo
101-200 employees
  • B2B
  • Compliance
  • Business Intelligence
  • SaaS
  • Automation
City of London, London, UK

Jump to section

Company mission

To enable banks to create and maintain the identity of their corporate customers to create business opportunities, prevent financial crime and reduce regulatory risk.

Our take

The Know Your Customer (KYC) process is vital to any modern business, but ensuring KYC compliance can be challenging, especially at scale. Encompass solves this problem with its automated KYC regulation platform.

Encompass's platform helps companies to prevent fraud and financial crime, while also saving them time and money. It primarily targets banks and financial institutions that have to comply with a multitude of regulations. Since launching in 2012, Encompass has opened offices in seven global locations, testament to its value and growth potential.

The need for KYC automation is rising rapidly, and Encompass, which raised an impressive $33M in funding in 2022, is poised to take advantage of this demand.

Steph headshot

Steph

Company Specialist at Welcome to the Jungle

Benefits

  • Share Options plan: The Encompass employee Share Options plan is one of the benefits we are proudest to be able to offer. Every employee is an investor, and will benefit from our growth and success
  • Coaching and mental health support: We’ve partnered with Sanctus to launch a mental health and wellbeing coaching service for the whole company
  • Parental leave: Families come in all shapes and sizes. Our Adoption and Surrogacy pay and leave is the same as our maternity and paternity – six months full pay maternity leave plus full pension contributions for up to 12 months; four weeks full pay paternity leave
  • Perfromance and Development: Our Philosophy: Performance at Encompass will be about results and impact. For employees to understand their performance we need to be completely transparent and clear about our expectations. This means that we need to define what "great" looks like to maintain and improve employees' performance in line with the employees and organisation's objectives. It's not a single activity, but rather a group of practices that should be approached holistically
  • Carers and personal leave: We care about employees, not just about their lives at work, but as people. We offer 10 days per year that can be taken for you personally, or as a carer for a family member with physical or mental ill health. Our compassionate leave also covers pregnancy loss at any stage
  • Volunteering leave: We offer two days paid leave for volunteering – one for you to use as an individual, and one Company Volunteering Day that helps us give back to the communities we are located in

Funding (last 2 of 4 rounds)

Mar 2022

$33m

LATE VC

Feb 2020

$2.7m

GRANT

Total funding: $41.3m

Leadership

Wayne Johnson

(Co-Founder & CEO)

Previously CEO & Founder of Software Associates, and VP Australia at eHealthcare Asia. Then worked as an Independent Advisor for over 7 years.