LOQR, founded in 2015 and based in Portugal, offers a compliant end-to-end digital onboarding platform for banks and other highly regulated verticals, enabling remote account opening, customer data updates and remote access recovery. The platform is positioned as an integrated digital channel to help financial institutions dematerialize processes and deliver secure remote financial services. LOQR operates with major banking clients—working with five of Portugal’s six leading banks—and reports reference clients in Portugal, Spain and Norway. The company currently has about 50 employees and plans to more than double headcount by year-end, opening over 40 vacancies. The new funding will be used to strengthen international expansion across the EMEA region, invest in technology and R&D, and continue evolving the product and platform.

Total raised

$10M

Funding rounds

1

Latest round

Series A

Latest activity

Jun 2021