UK-based fintech Kord has secured £6.4 million in Series A funding to accelerate the growth of its digital platform for identity verification, compliance, and payment processing, with a focus on high-value real estate transactions.
The investment round was led by Guinness Ventures, with participation from Beringea, SFC Capital, and a group of angel investors.
The latest funding brings Kord’s total capital raised to £9 million and follows a year in which the company reported nearly seven-fold growth in revenue.
Streamlining Property Transactions
Kord provides digital infrastructure that enables estate agents, letting agents, law firms, conveyancers, and financial services firms to manage the entire lifecycle of property transactions through a single platform.
Its solution combines identity verification, anti-money laundering (AML) screening, regulatory compliance checks, customer onboarding, electronic document signing, and payment processing into an integrated workflow designed to improve efficiency and reduce operational complexity.
The platform also offers secure digital wallets and dedicated client accounts, enabling regulated firms, including law practices, to safely hold and manage client funds while meeting regulatory obligations.
Supporting Growth in Regulated Industries
Commenting on the investment, Kord Founder and Chief Executive Officer James Owusu said many organisations operating in regulated sectors continue to rely on fragmented legacy systems that slow transaction processing and increase operational and compliance risks.
He explained that Kord was developed to provide a more flexible and modern technology infrastructure capable of supporting the evolving needs of businesses operating in highly regulated environments.
According to Owusu, the company’s modular technology architecture allows organisations to deploy and adapt individual components as their operational requirements evolve, providing greater scalability and flexibility.
He added that the new funding will support product development, expand the platform’s capabilities, and enable the company to help more businesses simplify compliance processes while improving the speed and security of digital transactions.
The investment reflects continued investor interest in technology platforms that combine digital identity, regulatory compliance, and embedded financial services as organisations seek to modernise transaction management across regulated industries.
Comments