Details

Last Funding Type

Seed

Last Funding Money Raised

$1.60M

Industries

Banking,Blockchain,Business Information Systems,Compliance,FinTech,Identity Management

Founded date

Jun 1, 2016

Number Of Employee

11 - 50

Operating Status

Active

norbloc's platforms tackle the biggest problems around Know-Your-Customer compliance; lack of digitization and duplication of efforts within and across institutions. Sancus, norbloc's digital onboarding platform, allows institutions to aggregate data sources and service providers in one portal and use its advanced workflow to collect and validate customer data in a fully digital manner. Atlas and Fides platforms employe digital ledger technology to allow owners of KYC data to share it between institutions and institutions to mutualize efforts in validating it as well as monetize on those validation efforts.

Financial institutions can achieve savings exceeding 50% on their current KYC compliance budget.

All platforms are GDPR compliant document storage and sharing platforms for the governmental and health industries.