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Builders in Fintech

Ondato

Builders in Fintech has recorded 3 equity rounds for Ondato, most recently a seed round of €3.6M on 26 October 2021.

Website

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Website
ondato.com
Products
Total raised
€4.1M + $2M · equity rounds with a stated amount
Last round
Seed · €3.6M · 26 October 2021 · led by OTB Ventures

Timeline

  1. Funding round

    Seed · €3.6M · OTB Ventures (lead), Lit Capital, Wise Guys

  2. Funding round

    Seed · $2M · OTB Ventures (lead)

  3. Funding round

    Pre-seed · €450K

All funding rounds in the database

Product

KYC, KYB, AML screening and age verification

KYC and identity

Ondato provides compliance software for onboarding customers. Its platform combines identity verification, business verification, AML screening against more than 15,000 data sources and age verification, with flows that can be adapted to different markets and risk levels. Ondato reports an average onboarding time of 30 seconds and coverage of 192 countries, and is ISO 27001 certified and eIDAS compliant.

Website

Description from the company website · Source

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