Blacksmith!

Singapore, Singapore Founded: 2019 • Age: 7 yrs Acquired By Encompass
AI-enabled KYC and customer due diligence solutions for multiple sectors
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About Blacksmith!

Blacksmith! is a company based in Singapore (Singapore) founded in 2019 was acquired by Encompass in January 2024.. Blacksmith! offers products and services including Digital Policy Manager, CDD File Generator, and DataHub. Blacksmith! operates in a competitive market with competitors including Perfios, Quantexa, Signicat, ComplyAdvantage and IDnow, among others.

  • Headquarter Singapore, Singapore
  • Sectors
    Financial Services
    Technology
  • Phone
    *********
  • Website
    *********
  • Social
    *********
Operational Areas
Financial Services → FinTech & Digital Finance
Technology → Cybersecurity & Privacy Solutions
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Latest Funding Round
  • Investors
  • Employee Count
    Employee Count
  • Acquired by
    Encompass

    (Jan 16, 2024)

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Products & Services of Blacksmith!

Blacksmith! offers a comprehensive portfolio of products and services, including Digital Policy Manager, CDD File Generator, and DataHub. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.

Primary

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.

Funding Insights of Blacksmith!

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in Blacksmith!

Blacksmith! has secured backing from 1 investor. Prominent investors backing the company include Encompass. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.

All
Investor Description Founded Year Domain Location
Corporate Digital Identity and KYC solutions are provided by Encompass.
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by Blacksmith!

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016

Financial Statements - Blacksmith!

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Blacksmith! Comparisons

Employees
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Competitors of Blacksmith!

Blacksmith! operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Perfios, Quantexa, Signicat, ComplyAdvantage and IDnow, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.

Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Provides financial technology solutions for data analysis and verification globally.
domain founded_year HQ Location
AI-powered data and decision intelligence solutions are provided for businesses.
domain founded_year HQ Location
Software solutions for identity management are provided via APIs.
domain founded_year HQ Location
Cloud-based anti-money laundering solutions are provided for compliance.
domain founded_year HQ Location
Automated and expert-led identity verification services are provided.
domain founded_year HQ Location
AI-based fraud prevention for e-commerce payments is provided.
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Blacksmith!

Encompass strengthens KYC services
Assetservicingtimes2 years ago
SEB picks Blacksmith’s KYC platform
Assetservicingtimes2 years ago

Frequently Asked Questions about Blacksmith!

When was Blacksmith! founded?

Blacksmith! was founded in 2019.

Where is Blacksmith! located?

Blacksmith! is headquartered in Singapore, Singapore.

What does Blacksmith! do?

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.

Who are the top competitors of Blacksmith!?

Blacksmith!'s top competitors include ComplyAdvantage, IDnow and Perfios.

What products or services does Blacksmith! offer?

Blacksmith! offers Digital Policy Manager, CDD File Generator, and DataHub.

Who are Blacksmith!'s investors?

Blacksmith! has 1 investor. Key investors include Encompass.

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