Summary
KYC Hub, co-founded by Farnoush Mirmoeini, is a platform designed to mitigate financial crime risks and ensure compliance with anti-money laundering directives. It began in 2018 and has since won several major industry awards. The platform offers tools for customer onboarding, monitoring, compliance, and utilizes deep learning and computer vision for data acquisition and transformation. KYC Hub has successfully grown to serve a diverse global client base, overcoming challenges like securing funding in a male-dominated fintech industry.

Unique Aspect
KYC Hub's use of a global knowledge graph of high-risk individuals and entities, combined with advanced technologies like deep learning and computer vision, makes it a unique and powerful tool in financial crime risk management.

Approach to kick off
The founders leveraged their backgrounds in banking, engineering, and business, focusing on intelligent automation and a risk-driven approach to overhaul compliance and financial crime management.

Scoop

Business Model Viability
The business model, addressing a crucial need for efficient and technologically advanced solutions in financial crime risk management, is both viable and scalable.

Future Projections
Plans to expand product lines, offering a wider range of solutions for various industries, and geographical expansion into the US and Africa.

Startup Stats

📊 ARR: $3,576,000

📈 MRR: $298,000

🚀 Startup Costs: $1,200,000

👥 Team Size: 58

🌍 Market: Targeting organizations needing robust, efficient solutions for customer due diligence and financial crime risk management

👨‍💻 Users: Global organizations requiring customer due diligence and financial crime risk management solutions

💰 Funding: Over £1.1 million in funding, including $231K from a seed investor in the UK

👨‍💼 Founders: Farnoush Mirmoeini