ZENOO
ZENOO is a technology company.
Financial History
ZENOO has raised $360K across 1 funding round.
Frequently Asked Questions
How much funding has ZENOO raised?
ZENOO has raised $360K in total across 1 funding round.
ZENOO is a technology company.
ZENOO has raised $360K across 1 funding round.
ZENOO has raised $360K in total across 1 funding round.
Zenoo is a Cambridge-based UK technology company that provides a no-code orchestration platform for KYC (Know Your Customer), KYB (Know Your Business), AML (Anti-Money Laundering), and compliance workflows, enabling seamless customer onboarding for businesses in banking, fintech, and regulated sectors.[1][2][3][5] It serves financial institutions and enterprises by unifying identity verification, fraud detection, ongoing monitoring, and reporting through real-time data sources, AI-powered risk assessments, and a modular marketplace of providers, solving the problem of complex, manual compliance processes that slow growth and increase drop-offs.[1][3] Zenoo reports cutting compliance costs by 40%, reducing onboarding leakage (e.g., up to 30% origination losses), and enabling zero-code deployment for faster launches, with strong user feedback on UX, speed-to-market, and integrations like CRM systems.[1][2]
Zenoo Ltd was incorporated on December 4, 2017, in the UK as Hyperian Digital Limited, rebranding to Zenoo by March 5, 2018, and is headquartered at Compass House, Vision Park, Histon, Cambridge.[5] Operating in business software development (SIC 62012), IT consultancy (62020), and web portals (63120), it emerged amid rising regulatory demands for precise KYC/AML in digital finance.[1][3][5] Early traction built on addressing "unacceptable" manual reviews and friction in onboarding, with pivotal moments including a white-label platform launch highlighted by The Fintech Times and partnerships like AML Incubator for Compliance as a Service, combining no-code orchestration with regulatory expertise to accelerate compliant product launches.[1][7] User reviews note quick adaptations, such as hiring for localization, driving revenue growth since launch.[2][3]
Zenoo rides the digital identity and regtech wave, where regulators demand stricter AML/KYC amid rising fraud, while customers expect frictionless experiences in fintech and banking onboarding.[1][3] Timing aligns with the shift to AI-driven, real-time compliance in a multi-jurisdictional market, fueled by eID adoption and no-code tools that democratize scalability for startups and enterprises.[1][2] Market forces like cost pressures and growth needs favor Zenoo's automation, influencing the ecosystem by enabling faster product launches (e.g., via partnerships) and supporting non-financial uses like volunteer ID verification for NGOs such as Freedom Boxes and Huddle Puddle.[3][7]
Zenoo is poised to expand its zero-code platform amid escalating global compliance needs, with next steps likely including deeper AI enhancements, more provider integrations, and white-label growth for fintechs.[1][7] Trends like perpetual monitoring and embedded finance will shape its path, potentially amplifying influence as regtech consolidates. As the no-code leader in KYC/AML orchestration, Zenoo transforms compliance from a bottleneck to a growth engine, powering scalable onboarding in an increasingly regulated digital world.[1][3]
ZENOO has raised $360K in total across 1 funding round.
ZENOO's investors include Contrarian Ventures.
ZENOO has raised $360K across 1 funding round. Most recently, it raised $360K Seed in June 2021.
| Date | Round | Lead Investors | Other Investors |
|---|---|---|---|
| Jun 1, 2021 | $360K Seed | Contrarian Ventures |