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CapBridge selects Know Your Customer for digital onboarding of retail investors

Source: Know Your Customer

Singapore global private markets platform CapBridge has partnered with Know Your Customer to deliver fast and reliable client onboarding to retail investors of its innovative private market platform.

Award-winning RegTech provider Know Your Customer will be powering the private investment platform’s seamless and secure digital onboarding process for all investors.

This partnership comes after CapBridge received approval from its regulator to extend private equity access to retail investors - further lowering the barriers of private equity investing for Singapore investors as well as broadening the liquidity pool for companies on the global private markets platform.

Established in 2015, Know Your Customer provides best in class digital solutions for anti-money laundering (AML) and know your customer (KYC) compliance to financial institutions and regulated organisations around the world. By centralising the onboarding process for all client types within one solution, Know Your Customer strengthens compliance, reduces costs and delivers exceptional onboarding experiences to both individuals and corporate clients.

CapBridge is backed by Singapore Exchange and operates a global investment syndication platform for private opportunities focussing on mid-to-late stage growth companies. Retail investors can participate in private equity investments via the “Preferred Access” structure, which is designed for ease of understanding as well as added investment protection.

Claus Christensen, CEO & Co-Founder of Know Your Customer, commented:
“We are delighted to be partnering with CapBridge to deliver the type of seamless and digital-first onboarding experience that retail investors expect from such an innovative company. I see strong synergies between our two organisations, and together with my team I’m extremely excited about the future of this partnership.”

Johnson Chen, CEO of CapBridge, said:
“Through the implementation of Know Your Customer’s technology, we are now able to deliver exceptional digital onboarding experiences to our retail customers, while strengthening overall KYC and AML compliance. We are encouraged by the support of Know Your Customer as our partner, as we continue to drive investment participation and innovation in financial services without compromising on regulatory compliance.”

The new partnership will bring together two financial technology companies that share the same customer-centric approach and deep drive for innovation. More specifically, CapBridge’s newly designed onboarding process leverages Know Your Customer’s expertise in mobile digital solutions for ID verification and document collection, directly linked with Know Your Customer’s end-to-end verification and management platform.

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