PassFort

PassFort

A born-in-the-cloud SaaS solution provider defining the next wave of RegTech by adding the human touch to compliance automation. Learn more

Launch date
Employees
Market cap
-
Enterprise valuation
$45—68m (Dealroom.co estimates Sep 2021.)
Company register number 09565115
London England (HQ)

Financials

Estimates*

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Revenues, earnings & profits over time
EUR2021
Revenues3.9m
EBITDA(10.9m)
% EBITDA margin(276 %)
Profit(12.1m)
% profit margin(306 %)
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DateInvestorsAmountRound
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N/A

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N/A

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£610k

Seed

£730k

Seed

£1.0m

Debt

$4.9m

Debt
*

$11.3m

Series A
*

$150m

Acquisition
Total Funding$13.1m

Recent News about PassFort

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More about PassFortinfo icon
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PassFort operates in the financial technology sector, providing an Intelligent Risk Management (IRM) platform designed to help small to medium-sized financial services companies manage regulation and risk in real time. The platform digitizes, automates, and streamlines processes across customer onboarding, compliance, and audit activities. By doing so, PassFort enables its clients to save time and money, reduce complexity, and improve customer satisfaction. The company primarily serves financial institutions that require robust compliance and risk management solutions to navigate the complex regulatory landscape. PassFort's business model revolves around a subscription-based service, where clients pay for access to the platform and its features. This recurring revenue model ensures a steady income stream for the company. The platform's key features include real-time risk assessment, automated compliance workflows, and comprehensive audit trails. PassFort's market includes financial services firms that need to comply with stringent regulatory requirements while maintaining operational efficiency.

Keywords: Intelligent Risk Management, financial technology, compliance automation, real-time regulation, customer onboarding, audit trails, financial services, risk assessment, subscription-based, regulatory compliance.

Tech stack

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Tech stackLearn more about the technologies and tools that this company uses.