Businesses operating in regulated industries often depend on a patchwork of separate systems to onboard customers, complete compliance checks and process payments. UK fintech Kord is building an alternative by combining these essential functions into a single platform. The company has now closed a £6.4 million Series A funding round, bringing its total capital raised to £9 million.

The round was led by Guinness Ventures, with participation from Beringea, SFC Capital and several angel investors. Kord plans to use the investment to strengthen its product offering, expand its workforce and support a growing customer base.

Replacing disconnected tools with one integrated workflow

Founded by James Owusu, Kord focuses on simplifying operational processes for businesses that face strict regulatory obligations. Rather than switching between multiple software providers, users can complete onboarding, compliance and payment tasks within one connected environment.

The platform brings together customer identity verification, anti-money laundering (AML) screening, compliance monitoring, digital onboarding, electronic signatures and payment capabilities. By integrating these services, Kord aims to reduce administrative complexity while helping organisations move transactions forward more efficiently.

Its infrastructure is authorised by the UK’s Financial Conduct Authority (FCA), allowing regulated businesses to manage sensitive financial processes through a platform designed for compliance from the outset.

Designed for businesses handling regulated transactions

Kord’s customers include estate agencies, letting agencies, conveyancing firms, law practices and financial services providers. These organisations often need to verify customer identities, satisfy regulatory requirements and securely manage client funds throughout a transaction.

To support these workflows, the platform includes digital wallets and dedicated client accounts alongside its compliance features. Kord also uses API connections to validate customer documentation against multiple data sources, adding another layer of protection against fraud while reducing manual checks.

The company believes many firms continue to lose time and increase operational risk by relying on outdated systems that do not communicate with one another. Its platform is designed to replace those fragmented processes with a unified transaction journey.

Following the latest funding round, Kord intends to continue expanding its platform capabilities while growing both its team and customer network.

Key takeaways for fintech startups

Integrated infrastructure continues to gain traction as regulated businesses look for ways to simplify operations without compromising compliance.

• Kord secured £6.4 million in Series A funding, taking its total funding to £9 million.
  
  
• The platform combines onboarding, compliance, identity verification and payments in one solution.
  
  
• Digital wallets and dedicated client accounts support secure handling of customer funds.
  
  
• API-driven document verification helps strengthen fraud prevention.
  
  
• The new investment will fund product innovation, hiring and business expansion.

At Your Fintech Story, we keep track of the fintech companies rethinking financial infrastructure and helping regulated businesses operate more efficiently. Reach out to see if we can help.