PassFort Limited

London, United Kingdom Founded: 2015 • Age: 11 yrs Acquired By Moody's
Digital compliance solution that enables businesses to automate and streamline KYC and AML processes
Annual revenue - Latest available
Total funding $17.5M 6 rounds
Employees 32 Tracked headcount
Investors 28 Known backers
Products 4 Services tracked
Competitors 9 Brand Intelligence

About PassFort Limited

PassFort Limited is a company based in London (United Kingdom) founded in 2015 by Henry Charles Irish and Stuart George Dawson was acquired by Moody's in December 2021. PassFort Limited has raised $17.51 million across 6 funding rounds from investors including Worldpay, Moody's and Seedcamp. The company has 32 employees as of December 31, 2020. PassFort Limited offers products and services including Passfort Lifecycle, Moody's Maxsight™ Entity Verification API, Grid for Screening, and Orbis for Compliance. PassFort Limited operates in a competitive market with competitors including PayPal, Zscaler, Chainalysis, Synchrony and New York Life Insurance, among others.

  • Headquarter London, United Kingdom
  • Employees 32 as on 31 Dec, 2020
  • Founders Henry Charles Irish, Stuart George Dawson
  • Stage Minicorn
  • Sectors
    Financial Services
    Technology
  • Phone
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  • Website
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  • Social
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  • Legal Name Passfort Limited
  • Date of Incorporation 28 Apr, 2015
  • Jurisdiction LONDON, ENGLAND
Operational Areas
Financial Services → FinTech & Digital Finance Unlock Sub-Sector Unlock Segment
Financial Services → FinTech & Digital Finance Unlock Sub-Sector Unlock Segment
Technology → Marketing, Adtech & Commerce Technology Unlock Sub-Sector Unlock Segment
Technology → Enterprise Software & Productivity Solutions Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
    Not available
  • EBITDA
    Not available
  • Total Equity Funding
    $17.51 M (USD)

    in 6 rounds

  • Latest Funding Round
    $4.89 M (USD), Debt – Venture

    Sep 14, 2021

  • Investors
    Worldpay

    & 27 more

  • Employee Count
    32

    as on Dec 31, 2020

  • Acquired by
    Moody's

    (Dec 03, 2021)

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Products & Services of PassFort Limited

PassFort Limited offers a comprehensive portfolio of products and services, including Passfort Lifecycle, Moody's Maxsight™ Entity Verification API, Grid for Screening, and Orbis for Compliance.

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Primary

Automates KYC and AML processes for risk and compliance management.

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Provides entity verification for sanctions and fraud prevention.

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Enables intelligent screening for AML and compliance activities.

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Offers compliance data for third-party risk management.

Funding Insights of PassFort Limited

PassFort Limited has successfully raised a total of $17.51M across 6 strategic funding rounds. The most recent funding activity was a Debt – Venture round of $4.89 million completed in September 2021. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.

Investors in PassFort Limited

PassFort Limited has secured backing from 28 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include Worldpay, Moody's and Seedcamp.

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Venture Fund
Institutional
Angel
Investor Description Founded Year Domain Location
Provider of a program turning individuals into funded technology company founders
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Multiple sectors are invested in by OpenOcean venture capital fund.
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Seed & early-stage tech-focused venture capital firm
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Investor details for PassFort Limited

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Investments & Acquisitions by PassFort Limited

Investments
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Investment portfolio details for PassFort Limited

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Financial Statements - PassFort Limited

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Detailed financials for PassFort Limited

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Passfort Limited Comparisons

PassFort Limited Primary company
Description
Digital compliance solution that enables businesses to autom...
Location
London, United Kingdom
Founded Year
2015
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
32
As of 2020
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Peer comparison for PassFort Limited

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Competitors of PassFort Limited

PassFort Limited 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 PayPal, Zscaler, Chainalysis, Synchrony and New York Life Insurance, among others.

Company Name Domain Founded year HQ Location Description
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Online payment solutions are offered to consumers and businesses.
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Cybersecurity and zero trust solutions are delivered for secure networks.
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Blockchain data platform insights for cryptocurrency are delivered.
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Synchrony is engaged in providing credit cards and banking services.
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Mutual life insurance and asset management services are provided.
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Hybrid cloud infrastructure solutions are delivered for business management.
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Detailed competitors of PassFort Limited

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Latest news on Passfort Limited

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Complete news archive for PassFort Limited

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Frequently Asked Questions about PassFort Limited

PassFort Limited was founded in 2015.

PassFort Limited is headquartered in London, United Kingdom. It is registered at London, England, United Kingdom.

PassFort Limited is a funded company, having raised a total of $17.51M across 6 funding rounds to date.

As of Dec 31, 2020, the latest employee count at PassFort Limited is 32.

PassFort Limited was founded in 2015 in London, United Kingdom. Digital compliance tools are offered to businesses for automating and streamlining Know Your Customer (KYC) and Anti-Money Laundering (AML) processes in regulated markets. A digital onboarding platform is utilized, along with customized workflows, to manage compliance tasks and minimize non-compliance risks through software integration.

PassFort Limited's top competitors include Zscaler, Snowflake and Synchrony.

PassFort Limited offers Passfort Lifecycle, Moody's Maxsight™ Entity Verification API, Grid for Screening, and Orbis for Compliance.

PassFort Limited has 28 investors. Key investors include Worldpay, Moody's, Seedcamp, Shard Credit Partners, and Entrepreneur First.

The valuation of PassFort Limited is $14.81M as of Aug 2018.

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