PassFort
Financials
Estimates*
EUR | 2021 |
---|---|
Revenues | 3.9m |
EBITDA | (10.9m) |
% EBITDA margin | (276 %) |
Profit | (12.1m) |
% profit margin | (306 %) |
Date | Investors | Amount | Round |
---|---|---|---|
- | N/A | - | |
N/A | - | ||
£610k | Seed | ||
£730k | Seed | ||
£1.0m | Debt | ||
$4.9m | Debt | ||
* | $11.3m | Series A | |
* | $150m | Acquisition | |
Total Funding | €11.9m |
Related Content
Recent News about PassFort
EditPassFort 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.