Encompass Corporation, the global leader in Corporate Digital Identity (CDI) solutions, today announced details of a financing round led by BNP Paribas, one of Europe’s leaders in banking and financial services.
This investment will accelerate Encompass’ ability to further develop their CDI platform, EC360, enabling the delivery of scalable, secure and future-ready solutions that meet the needs of client-centric banks.
“The investment from BNP Paribas is a powerful endorsement of the transformational impact of our Corporate Digital Identity technology,” said Wayne Johnson, CEO and Co-Founder of Encompass Corporation. “This strategic commitment from one of Europe’s most respected financial institutions will help shape the future of client onboarding and digital transformation.”
EC360 removes manual research with 100% automation of the KYC search procedure. Using bespoke automation rules to build complete CDI profiles in real-time, EC360 provides the foundation for BNP Paribas’ client-focused KYC at onboarding and throughout the client lifecycle.
“This investment reflects our commitment to supporting our clients right from the very first interaction with BNP Paribas, leveraging technology to constantly enhance their experience” said Boris Leblanc, Chief Operating Officer, Corporate and Institutional Banking, BNP Paribas. “By partnering with Encompass, we will use the power of intelligent automation to further streamline onboarding, reduce friction, and deliver a faster, more seamless, and secure client experience across our integrated banking model.”
Encompass’ platform complements this approach by delivering structured, high-quality data that supports AI-driven decision-making, automation, and client engagement. Existing customers of Encompass’ CDI platform benefit from streamlined onboarding, reduced manual processes, and improved transparency across jurisdictions.
This funding round positions Encompass as a trusted partner for financial institutions seeking to modernize their operations and embrace the future of digital identity and AI-powered transformation.