Norwegian KYC platform Strise raises €3.3 million

Norwegian know your buyer intelligence platform Strise has accomplished a €3.3 million aimed toward additional increasing the corporate’s European market presence in addition to roll out “Strise International”, their new product for counterparty due diligence and world sanctions checks, launching on the ninth of November.

Providing banks and fin-techs the flexibility to automate KYC capabilities, Strise helps these organisations carry out higher and comply and put into place regulatory adjustments akin to fashionable Anti-Cash Laundering (AML) requirements on the flip of a dime; in response to the corporate, at 100x the pace in comparison with conventional approaches.

Strise CEO and co-founder Marit Rødevand explains, “We’re on a mission to introduce the main KYC Intelligence System globally. Our expertise uniquely connects details about corporations and individuals that we leverage into unparalleled insights to display screen, onboard, and supply ongoing buyer monitoring. Three extraordinarily costly issues that regulated corporations face. We consider we will make a big distinction on this house.”

Launched in 2020, Strise counts Nordea, Danske Financial institution and the SpareBank1 Alliance amongst its buyer base.

Strise’s €3.3 million spherical was led by Curiosity with current investor Maki.vc and new buyers Sondo Capital and Likeminded collaborating.

“We’re seeing an enormous improve within the want for superior KYC programs worldwide to adjust to rules and keep away from facilitating unlawful actions. Strise has taken an progressive method, integrating information sources and AI-driven insights into an intuitive interface for KYC groups to handle their workflow, which compliance groups love,” concluded Curiosity’s Herman Kienhuis.