Onboarding processes for financial institutions can be labour-intensive and time-consuming. This is why Cense created its regulatory platform, allowing digital asset holders and financial companies to automate their compliance journeys whilst staying within the rules of regulating bodies for Anti-Money Laundering and Countering the Financing of Terrorism.
Cense’s founders’ extensive experience within blockchain companies has helped the fintech to plug a gap in the industry. Its platform provides a detailed overview of virtual asset holders and their risk profiles, ensuring that all are screened within AML and CFT regulations. In the past, this has been a time-consuming yet necessary process, but it is made simple, confidential, and transparent via the Cense reporting software.
Focusing on one aspect of the ever-evolving fintech compliance sphere provides Cense with focus and clarity of mission. Though young, the company has the potential to grow its customer base exponentially.
Steph
Company Specialist at Welcome to the Jungle