May 13, 2022
·
2
min read

PassFort acquired by Moody’s Corporation

Portfolio news
PassFort acquired by Moody’s Corporation

London, December 3, 2021 – Moody’s Corporation (NYSE:MCO) has today announced that it has acquired PassFort, the SaaS RegTech provider automating anti-financial crime and compliance processes. In addition, it has also entered into an agreement to acquire 360 kompany AG (Kompany). Both acquisitions will enhance Moody’s offering to customers, delivering best-in-class solutions for global KYC, anti-money laundering, compliance, and risk management.

“We couldn’t be happier about becoming part of the Moody’s family.” Said Donald Gillies, CEO and Co-Founder of PassFort. “It’s been a year of global growth and expansion for PassFort, and this acquisition means we can offer yet more powerful solutions to our customers, while opening up a world of new innovation for the future of RegTech.”

You can read the full Moody’s press release here.

Bitrise grabs $60M to keep companies updated with constantly changing mobile requirements

OpenOcean’s investment into Surglogs

The Truecaller IPO: nine years of “instant” success

Announcing LoopMe exit: celebrating the next chapter of a real Ad-Venture

News from our network

All news
May 13, 2022
·
7
min read

The Truecaller IPO: nine years of “instant” success

In 2012 we were honoured to lead the series A funding round for a fast-growing new Caller ID app called Truecaller.
May 13, 2022
·
5
min read

Bitrise grabs $60M to keep companies updated with constantly changing mobile requirements

Bitrise aims to be the go-to company closing the gap between that mobile demand and a company’s ability to get apps out faster while also balancing all of the moving parts and complexities
May 13, 2022
·
3
min read

Announcing LoopMe exit: celebrating the next chapter of a real Ad-Venture

In 2014, together with HV Capital, OpenOcean led the Series-A funding round for an early stage mobile advertising technology company from London called LoopMe. Almost 8 years on, LoopMe has grown to a very profitable business with almost 100 million USD in revenue.