Dotfile offers a compliance platform that enables regulated financial organizations to automate customer onboarding, verify customers and partners quickly, and reduce regulatory and fraud risk. The product is targeted at banks, private equity firms, and fintechs, and is designed to streamline AML compliance processes. Founded in 2021 by Vasco Alexandre and Titouan Benoit with support from the startup studio Hexa (fka eFounders), the company is based in Paris, France. Dotfile counts more than 50 customers across 10 countries, including Spendesk, Younited Credit, Flowdesk, and Keyrock. The company plans to use recent funding to accelerate R&D efforts and pursue international expansion. No revenue or other financial metrics were disclosed in the article. Dotfile provides a compliance operating system with an API-centric platform that lets customers integrate identity and verification capabilities into their own systems. Its solution is natively integrated with financial databases, business registries, AML providers and fraud-prevention APIs, and allows customers to mix data sources and configure custom decision rules without coding. The product automates customer approval and fraud detection to speed onboarding and reduce operational costs while mitigating legal, financial and reputational risk. The company plans to accelerate development of its compliance platform, expand into new markets and invest in analytics capabilities. Dotfile intends to expand its team and double its workforce by the end of the year. Founded in 2021 and led by CEO Vasco Alexandre, the company recently closed external seed funding to support these initiatives.

Total raised

$9M

Funding rounds

2

Latest round

Equity

Latest activity

Sep 2024