About Blacksmith!
Blacksmith! is a Financial Services company based in Singapore (Singapore) founded in 2019, and was acquired by Encompass in January 2024. It operates as an AI-enabled KYC and customer due diligence solutions for multiple sectors. It operates in the Financial Services and Technology sectors. Blacksmith! offers products and services including Digital Policy Manager, CDD File Generator, and DataHub. Its focus areas include FinTech, RegTech, KYC and Enterprise Infrastructure. Its competitors include Perfios, Quantexa, Signicat, ComplyAdvantage and IDnow and 5 more; 10 of its 10 listed competitors have raised funding.
Company details
Blacksmith! was established in 2019 in Singapore. AI-enabled solutions for know-your-customer (KYC) processes and customer due diligence are offered by the company across various sectors. Operations are centered in Singapore, with services focused on compliance and risk management for financial and other industries. The platform supports verification and screening tasks through automated tools.
- Headquarters Singapore, Singapore
- Stage Acquired
- SectorsFinancial ServicesTechnology
- Website blacksmithkyc.com
- Social LinkedIn
- Acquired by Encompass (Jan 2024)
Products & Services of Blacksmith!
Blacksmith! offers a comprehensive portfolio of products and services, including Digital Policy Manager, CDD File Generator, and DataHub.
Configurable engine to digitalize and manage KYC policies for compliance.
Creates customized files with data and insights for regulatory requirements.
Aggregates and processes client data from various sources for KYC needs.
Investors in Blacksmith!
Blacksmith! has secured backing from 1 investor. Prominent investors backing the company include Encompass.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Corporate Digital Identity and KYC solutions are provided by Encompass. | 2011 | encompasscorporation.com | Glasgow, United Kingdom |
Investor details for Blacksmith!
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Timeline of Blacksmith!
2 dated milestones of Blacksmith! across 5 years, from founding to its latest funding, stage changes and deals.
- Founded Blacksmith! is founded.
- Exit Acquired by Encompass.
Competitors of Blacksmith!
Blacksmith! has 10 listed competitors in our database, 10 of them funded. They include Perfios, Quantexa, Signicat, ComplyAdvantage and IDnow, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| perfios.com | 2008 | Bengaluru, India | $258.77M | – | Provides financial technology solutions for data analysis and verification globally. | |
| quantexa.com | 2016 | London, United Kingdom | $545.02M | 552 | AI-powered data and decision intelligence solutions are provided for businesses. | |
| signicat.com | 2006 | Trondheim, Norway | $2.09M | 150 | Software solutions for identity management are provided via APIs. | |
| complyadvantage.com | 2014 | London, United Kingdom | $167.21M | 443 | Cloud-based anti-money laundering solutions are provided for compliance. | |
| idnow.io | 2010 | Munich, Germany | $40M | 29 | Automated and expert-led identity verification services are provided. | |
| riskified.com | 2013 | New York, United States | $232.02M | 781 | AI-based fraud prevention for e-commerce payments is provided. | |
| onfido.com | 2012 | London, United Kingdom | $242.38M | 516 | Identity verification solutions are provided, including document and biometric authentication. | |
| alloy.com | 2015 | New York, United States | $211.37M | 216 | Identity decisioning platform is provided for banks and fintech firms. | |
| idfy.com | 2011 | Mumbai, India | $56.03M | 587 | Identity verification, background screening, and fraud prevention solutions are provided. | |
| signifyd.com | 2011 | Palo Alto, United States | $394.38M | 399 | Provider of fraud prevention and payment validation for online retailers |
Detailed competitors of Blacksmith!
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Web traffic of Blacksmith!
The website of Blacksmith! (blacksmithkyc.com) receives about 3K visits a month.
- Monthly visits3K
▲ 10.6% vs previous month
Top companies in Regulatory & Compliance Tech
10 companies that operate in the same segment as Blacksmith! (Regulatory & Compliance Tech), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Cloud-based anti-money laundering solutions are provided for compliance. | 2014 | London, England, United Kingdom | USD 167.21 M | USD 45.67 M | 443 | |
CLEAR is focused on secure identity verification for seamless experiences. | 2010 | New York, New York, United States | USD 135 M | USD 900.78 M | 4,019 | |
Automated and expert-led identity verification services are provided. | 2010 | Munchen, Bayern, Germany | USD 40 M | – | 29 | |
AI-based fraud prevention for e-commerce payments is provided. | 2013 | New York, New York, United States | USD 232.02 M | USD 346.08 M | 724 | |
AI-powered data and decision intelligence solutions are provided for businesses. | 2016 | London, England, United Kingdom | USD 545.02 M | USD 161.29 M | 886 | |
Facial recognition and AI video analysis solutions are provided. | 2011 | Beijing, Beijing, China | USD 1.98 B | – | 413 | |
Compliance management solutions for financial institutions | 2014 | New York, New York, United States | USD 461 M | – | 815 | |
Identity verification, background screening, and fraud prevention solutions are provided. | 2011 | Mumbai, Maharashtra, India | USD 103.31 M | – | – | |
Software solutions for identity management are provided via APIs. | 2006 | Trondheim, Trøndelag, Norway | USD 2.09 M | USD 72.04 M | 150 | |
AI-driven image recognition for emotion and activity analysis is provided. | – | Boston, Massachusetts, United States | USD 59.7 M | – | 40 |
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Related news about Blacksmith!
Complete news archive for Blacksmith!
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Frequently Asked Questions about Blacksmith!
Blacksmith! was founded in 2019.
Blacksmith! is headquartered in Singapore, Singapore.
Blacksmith! was established in 2019 in Singapore. AI-enabled solutions for know-your-customer (KYC) processes and customer due diligence are offered by the company across various sectors. Operations are centered in Singapore, with services focused on compliance and risk management for financial and other industries. The platform supports verification and screening tasks through automated tools.
Blacksmith!'s top competitors include ComplyAdvantage, IDnow and Perfios.
Blacksmith! offers Digital Policy Manager, CDD File Generator, and DataHub.
Blacksmith! has 1 investor. Key investors include Encompass.
Yes. Blacksmith! was acquired by Encompass in January 2024.