Kompliant offers an AI-driven platform for business onboarding, risk scoring, verification and ongoing monitoring aimed at acquirer processors, banks and sales organizations. The platform enables customers to build credit risk programs by leveraging auditing, application processing and verification, and business monitoring. Sales and finance teams can design data capture, workflows, pricing algorithms and credit decisioning rules, while oversight teams use the solution for risk and compliance management. Kompliant completed several pilots while in stealth and now has several "revenue-producing" customers. The company raised $14M in a seed round and will use the funds for product development, expanding its customer base, and hiring; it also plans to co-develop new offerings with partners including credit bureaus, data service providers and fraud prevention platforms. Incubated by Snoop Dogg’s Casa Verde Capital, Kompliant began focused on cannabis payments before evolving to serve financial institutions; it cites pandemic-driven adoption of electronic payments and heightened regulatory scrutiny as tailwinds, and competes with vendors such as Alloy and Fenergo.

Total raised

$14M

Funding rounds

1

Latest round

Seed

Latest activity

Jul 2022