Kord

Kord, a London-based fintech, has raised £6.4 million in Series A funding to accelerate the fight against fraud and streamline high-value transactions.

Summary of transaction details:

• Value: £6.4 million
• Sector: Fintech
• Advisor: None
• Key Entities: Kord, Guinness Ventures
• Location: London

Note: The funding will support team growth and product development as Kord looks to attract new customers and tackle increasingly sophisticated AI-enabled fraud, providing a platform that combines client onboarding, identity verification, anti-money laundering checks, document signing and payment processing.