Danish startup HelloFlow raises €1.3 million for its no-code KYC and client onboarding solution
Summary
Mikkel Skarnager, the Co-Founder and CEO of HelloFlow, explains: “Using the platform, you can set up a proper, sleek, and compliant onboarding process and share it with the clients, all inside a single day. Consequently the regulatory requirements and compliance standards for onboarding new clients to banks, investment and trading platforms, crypto broker services, sports betting sites and alike have exploded. There is not only a very strong founder market fit due to their relevant experience, especially with Mikkel’s insight from building a bespoke solution for Saxo Bank, but as a team, they move with an incredible speed and continue to prove a high level of execution skill”. About the new investment Tom Wilson, Partner at Seedcamp, commented: “HelloFlow’s plug and play solution is a real game-changer for client onboarding, allowing companies to set up processes quickly without the need for custom code. We’re delighted to have the opportunity to work with Mikkel and Ciprian and support them in helping companies say goodbye to slow client onboarding.” With the new capital, HelloFlow plans to accelerate its product development to expand the progressive functionalities of the platform.