Encompass

Name: Encompass
Brand: Encompass Corporation
SKU: 63ca9911af70319ec88426ed
Rating: 3.3 (440 reviews)

Overview of Encompass Software Company

Encompass Corporation is a leading provider of automated Know Your Customer (KYC) solutions, specializing in transforming regulatory compliance processes for financial institutions and other businesses. The company offers a sophisticated platform that integrates with various data sources to streamline the collection, analysis, and management of customer information, ensuring compliance with global regulatory standards. Encompass's technology leverages artificial intelligence and automation to enhance the efficiency and accuracy of KYC processes, reducing the time and resources required for due diligence. Founded in 2011, the company has established a strong presence in the financial services sector, serving clients across multiple regions, including the UK, Europe, and Asia-Pacific. Encompass is committed to innovation and excellence, continually evolving its solutions to meet the dynamic needs of the compliance landscape.

Founding and Growth

Encompass Corporation was founded in 2012 and is headquartered in London, England. Since its inception, the company has focused on providing automated KYC solutions to streamline regulatory compliance and customer onboarding for banks and financial institutions globally.

Funding and Valuation

Encompass has raised a total of approximately $60.26 million in funding. The most recent funding round, completed in 2022, raised $33 million to support global expansion and product innovation. The company's enterprise valuation was estimated to be between $132 million to $198 million as of March 2022.

Analyzed By Zoftware•

Last Updated: 18th Nov 2025

Product Offerings and Features

Encompass offers a corporate digital identity (CDI) platform that automates the KYC process by integrating real-time data from global public sources and private customer information. This platform helps banks improve customer experience, ensure regulatory compliance, and mitigate risk. The platform is designed to automate due diligence processes, reduce manual intervention, and provide comprehensive digital KYC profiles.

Acquisitions and Product Expansion

In January 2024, Encompass acquired CoorpID and Blacksmith KYC from ING to enhance its CDI platform. These acquisitions aim to address the challenges of identification and verification of corporate clients, thereby expanding Encompass's capabilities in the KYC ecosystem.

Encompass AI and New Features

Encompass has continuously innovated its platform to improve efficiency and compliance. The company has introduced features that allow financial institutions to process KYC tasks up to four times faster than manual methods, significantly enhancing scalability and customer experience.

Company Culture and Values

Encompass is committed to equality, diversity, and inclusion (EDI), recognizing these values as critical to driving innovation and productivity. The company fosters an inclusive culture that values diverse perspectives, which it sees as essential to its success in the RegTech sector.

User Base and Community

Encompass primarily serves global banks and financial institutions, including well-known entities like Santander. The company's platform is trusted by leading banks to automate KYC processes, which helps them comply with anti-money laundering (AML) regulations and improve operational efficiency.

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Encompass

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