Startup Spotlight: ID-Pal
Welcoming ID-Pal to FinTech Connect!
Twitter Handle: @TweetIDPal
Number of employees: 28
How did the idea for the business originate?
ID-Pal was founded by industry practitioners who grew frustrated with the inconvenience and frustration of KYC compliance, for both customers and businesses alike.
The ever-increasing burden of regulation, coupled with the digitisation of the customer onboarding experience has made this the opportune time to provide businesses with a low cost SaaS solution that can be configured and implemented in minutes.
Do you have customers yet? If not, how far into your business lifecycle are you?
ID-Pal is working with Retail Banks, Insurance Companies and Payments Firms as well as Financial Brokers, Accountants and Credit Unions across Ireland, the UK and US.
Strategic distribution partnerships with Salesforce, Temenos and Corporate One further enhance our market presentation.
How have you funded your growth to date?
ID-Pal has been funded by a combination of revenue, and a recently closed funding round, after having raised investment from industry investors.
What would a successful 2019 look like for you?
Continued expansion of team and growth across key markets.