StandardC provides a software platform that creates and maintains data-rich digital identities to simplify customer onboarding and monitor ongoing compliance for businesses and banks. The company launched the StandardC Monitoring Center to automate Know Your Customer and vendor intelligence functions for financial institutions and enterprise customers. Its credential combines self-reported business data with public and private data streams to produce portable, verifiable corporate identities. In the last month the platform saw a 30% increase in businesses, an 80% spike in transactions, and a 180% boost in payments processed. To support this momentum StandardC doubled its engineering and customer-facing teams and is forecasting it will double headcount again in 2023. Customers such as Pasadena Service Federal Credit Union use the platform to manage and grow compliance-intensive programs like cannabis banking.

Total raised

$5M

Funding rounds

1

Latest round

Series A

Latest activity

Oct 2022