About a-team Marketing Services
The knowledge platform for the financial technology industry
The knowledge platform for the financial technology industry

A-Team Insight Blogs

Encompass Secures New Funding from Beacon

Subscribe to our newsletter

London-based Know Your Customer (KYC) automation software provider Encompass Corp. has secured new investment from Beacon Equity Partners, a Boston-based private equity firm that focuses on companies in the regulatory and compliance space, as part of a broader capital round that included existing investors. Joe Bradley will join Encompass’s Advisory Council, to sit alongside existing members Stephen Allen, former CRO of Macquarie Group; Kevin Gould, founder of IHS Markit; and Raymond W. Scott, CEO of Axolotl Corp.

The latest round – raising an undisclosed amount – continues a series of outside investments that have raised around £9 million for the company. These include:

  • almost £3.3 million of research and development grants from Scottish Enterprise;
  • a £1.7 million private investment package that included £600,000 from Scottish Investment Bank (SIB), the investment arm of Scottish Enterprise, to fund expansion of its Glasgow development team and customer service operations;
  • a £450,000 Regional Selective Assistance and Training Aid support grant, to help fund the opening of its Glasgow office; and
  • a further £3.6m investment round that included £1.8 million from SIB as well as funding from private sector investors.

The latest founding round follows the addition of several new clients over the past 12 months, adding to a client list that includes Santander and Nordic KYC utility Invidem, as well as key partners such as Accuity. Encompass has also added more than 70 staff members across all existing locations in the past year, and expanded its global footprint to include Singapore, the US, Serbia and Sweden.

Subscribe to our newsletter

Related content

WEBINAR

Recorded Webinar: Mission Possible – Turning Data Deluge into Opportunities for Financial Trading

This webinar has passed, but you can view the recording here. As financial markets firms face the challenge of managing huge volumes of extremely high frequency data, the opportunity exists to transition from just managing this data to strategically leveraging it for new trading and investment opportunities. What was once the impossible is now a...

BLOG

Seven 2026 RegTech Outlooks for Compliance, Reporting and Financial Crime

As 2026 gets underway, RegTechs are positioning for a shift in regulatory emphasis from refits, rewrites and attestations to demonstrable evidence. Across the jurisdictions supervisors are shifting from consultation and rulemaking into validation and testing whether firms have operationalised reforms through governance, high-quality data, defensible controls and credible evidence. The seven RegTechs that follow have...

EVENT

Eagle Alpha Alternative Data Conference, Fall, New York, hosted by A-Team Group

Now in its 8th year, the Eagle Alpha Alternative Data Conference managed by A-Team Group, is the premier content forum and networking event for investment firms and hedge funds.

GUIDE

Trading Regulations Handbook 2021

In these unprecedented times, a carefully crafted trading infrastructure is crucial for capital markets participants. Yet, the impact of trading regulations on infrastructure can be difficult to manage. The Trading Regulations Handbook 2021 can help. It provides all the essentials you need to know about regulations impacting trading operations, data and technology. A-Team Group’s Trading...