Kord, a secure FCA-regulated UK fintech, simplifies its infrastructure to streamline client onboarding and payment processes.
The solution, relied upon by firms in real estate, law and finance, offers a safe, full system that lets companies efficiently oversee every stage of a transaction.
Built on APIs and straightforward to embed, the solution also combats AI-powered fraud by checking client paperwork against an expanded set of data repositories.
Established in 2020 under the leadership of CEO James Owusu, Kord operates from the United Kingdom as a financial-technology firm that aims to streamline and protect customer onboarding, identity checks, and payment handling for companies.
Using the service, firms are able to confirm client identities, perform AML and regulatory screenings, handle onboarding and e-signatures online, and safely gather and execute payment transactions.
Kord consolidates numerous compliance and payment applications into one platform, allowing users to accelerate onboarding, reduce expenses, and remain aligned with ever-evolving regulations.
Read Also: Experts Urge Businesses to Strengthen Cybersecurity Measures
The solution delivers a smooth user journey yet continues to observe essential verification steps and safeguards.
Major deals, like real-estate purchases or court settlements, may collapse because of bureaucratic bottlenecks or holdups, costing the United Kingdom’s economy hundreds of millions of pounds.
Kord addresses the issue by streamlining and accelerating both onboarding and payment workflows, all while preserving full and rigorous verification.
Looking forward, Kord intends to expand after securing £6.4 million in Series A financing, headed by Guinness Ventures and supported by Beringea, SFC Capital and several angel backers.
The new funds will be allocated to further enlarge Kord’s staff and accelerate product enhancements aimed at attracting additional clients.
Leave a Reply