BankingBusiness

Detected: Closes £2.5m in financing round including a strategic investment from Thomson Reuters Ventures

Detected: Closes £2.5m in financing round including a strategic investment from Thomson Reuters Ventures

  • Detected is a London-based fintech business that provides frictionless global business onboardings
  • Plans to capitalize on US growth, expand its impressive team and drive further product innovation
  • Seed Round has grown to £6m to bring frictionless business onboarding to its rapidly growing global client base
  • KYB (Know Your Business process) is notoriously slow, manual, and unfit for purpose
  • The Barclays Rise (Shoreditch) HQ’d team has built unique technology that is resetting expectations for business onboarding
  • The new funding will enable to capitalize on US growth and continue to drive product innovation
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Laura M
Laura M
Laura is a financial reporter, editor, and researcher with a particular interest in fintech innovation, capital markets, and the evolving global banking landscape.

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