UK-based customer lifecycle intelligence platform FullCircl acquires W2 Global Data Solutions to strengthen its compliance offerings, adding 120 new customers and expanding its global presence.
Facts
- FullCircl, a UK-based customer lifecycle intelligence (CLI) platform, has acquired W2 Global Data Solutions.
- W2, founded in 2011 and based in Cardiff, Wales, specializes in KYC, AML, document verification, KYB, and financial risk solutions.
- FullCircl sees this acquisition as a natural fit for its medium-term growth strategy, with plans for further enhancements to its applications and APIs.
- The merger brings together 120 new customers from W2 and adds to FullCircl’s existing customer base, expanding its reach to 160 markets worldwide.
- W2 will now operate as ‘W2 by FullCircl,’ with Warren Russell, its founder and CEO, continuing to lead the business.
- FullCircl intends to retain the W2 team post-acquisition, and Russell will join FullCircl’s senior management team.
- According to Andrew Yates, CEO of FullCircl, the acquisition will benefit customers of both companies by enhancing compliance and risk management processes.
