Simon GreenNorthRow closes £14m Series A to expand automated KYB checks
The London compliance platform will use the round to grow its data engineering team and push into the Nordics.
NorthRow has raised £14m in a Series A round to accelerate its automated know-your-business platform, which verifies corporate customers for banks, lenders and payment firms.\n\nThe company said the capital will fund a doubling of its data engineering team over the next 18 months and support an expansion into the Nordic market, where new anti-money-laundering rules take effect next year.\n\nRevenue has grown roughly threefold in the past year, driven by demand from mid-market lenders replacing manual onboarding processes.