digitalUs is a startup based in Luxembourg that aims to revolutionize Know Your Customer (KYC) and Anti-Money Laundering (AML) compliance processes. The company's slogan, "Transparency in a digital world," encapsulates its mission to offer a comprehensive and reliable compliance solution while ensuring simplicity, speed, and efficiency for the customer. Founded in 2021, digitalUs leverages technology developed at the SnT Research Center of the University of Luxembourg to automate and accelerate the screening process for KYC/AML compliance. The company's innovative technology focuses on Entity Resolution (ER), a methodology that matches the same entity across multiple publicly available data sources. This enables digitalUs to create digital profiles containing unambiguous, publicly available data of individuals or legal entities. By automating this process, digitalUs enables its customers to focus on higher value-added tasks, reducing the time and effort traditionally associated with compliance processes. In November 2021, digitalUs secured a Non Equity Assistance investment from CATAPULT: Inclusion Africa, underscoring investor confidence in the company's potential to drive significant advancements in the compliance technology space. As the industry continues to prioritize transparency and efficiency, digitalUs is well-positioned to make a substantial impact with its innovative approach to KYC/AML compliance.
Funding Stage | Amount | No. Investors | Investors | Date |
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Non Equity Assistance | Unknown | 1 | Catapult: Kickstarter | 11 Nov 2021 |
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