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Passfort
Compliance solution for onboarding
- 21-100 employees
- Fintech
- B2B
- Security
- Compliance
- SaaS
- Automation
- Identity
- London, UK
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Company mission
We are on a mission to digitally transform the way compliance professionals work.
53% employee growth in 12 months
Our take
The global RegTech market size is expected to continue its growth due to a rising number of fraudulent activities. The increasing need for risk and compliance management has led to the increased adoption of RegTech solutions.
PassFort is a London-based SaaS provider that helps regulated financial services companies rapidly onboard customers each year, and then manage risk and compliance standards throughout the customer lifecycle. In 2021, PassFort announced a new partnership with Trulioo, a leading global identity verification company. Through this partnership, the companies will offer regulated businesses a way to digitally transform Know Your Customer (KYC) and Know Your Business (KYB) processes, no matter where in the world the business or their customers are based.
Competitors in the market include Refinitiv, G2 Deals, and WorkFusion. PassFort have global growth plans and an ambition to be the category leader in compliance automation for regulated businesses. The company is scaling up the implementation of its RegTech solution worldwide.
Freddie
Company Specialist at Welcome to the Jungle
Benefits
- L&D - an annual learning and development budget of £700. In addition, every month you can request books for personal or professional development that will be on us!
- Flexible Working- We offer flexible hours, working from home, bank holiday swap, and 1-week work from anywhere!
- Pension - We offer 5% employer pension contributions - industry leading for an employer of our size and stage!
- Birthday Off - Take advantage of an extra day annual leave to celebrate your big day in style!
- Unlimited Unpaid Leave - We think you're the best judge of when you might need some time away from the office to reset
- Free therapy - We subsidise the costs of mental health services that you engage in directly, and offer free access to therapy and counselling through Spill - that way you can get help when you need it
- Enhanced Parental Leave - enhanced maternity, paternity and shared parental leave pay to all our people. The only thing we ask for in return are some pics ;)
- Team Events - We run quarterly events across the year. We've got a pretty awesome track record - axe throwing, white water rafting, go-karting, trampolining..
- We also offer access to discounted products and services, a cycle to work scheme, and a pick your own equipment budget to help you get set up.
Company values
- Trust - Trust is at the heart of what we do. We help our financial services customers establish trust online with their customers. You get complete dependability across our team, delivering the future of RegTech and solutions your team wants to use
- Empowerment - See a problem, fix it. Action is the way we effect change for our customers and across the world of RegTech. We empower people to speak up and do the right thing, even when no-one is watching.
- Growth - We help customers grow and want growth too. Our desire for candid feedback enables us to become the best versions of ourselves - building a better product and company. We support any opportunity to learn, reflect and improve
Funding (last 2 of 3 rounds)
Sep 2021
$11.4m
SERIES A
Jun 2017
$0.9m
SEED
Total funding: $13m
This company has top investors
Leadership
Donald A Gillies
(CEO)Co-founded PassFort in 2015. Current CEO of PassFort and Managing Director at Moody's Analytics.
Henry Irish
(CPTO)Co-founded PassFort in 2015. Current CPTO of PassFort and Managing Director at Moody's Analytics.