SAFENED has closed the final tranche of a EUR 14 million funding round. Safened is an investment out of our First Fund, OGC Growth I and Dutch ICT Fund. We are super excited to support the company and the team. They have strong traction with their KYC product as well and their deposit platform.
SAFENED is a fast-growing Fintech, driven by a vision to turn financial risk and regulatory challenges into simple and secure solutions. The funding will accelerate SAFENED’s dual offering, which consists of an international B2B deposit platform and a B2B digital Know Your Customer solution. SAFENED started out as an international B2B deposit platform when it was founded three years ago by Rudolf Booker, founder & CEO of Payvision that recently sold a 75% stake to ING at a EUR 360m valuation. Since the end of 2017, SAFENED has also been offering a digital Know Your Customer (‘KYC’) service for online financial companies and marketplaces. This bank grade client vetting & onboarding service performs over 100 identity and security checks within minutes.
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