Global Data Consortium
Data as a Service company with a cloud-based platform for global electronic identity verification.
| Date | Investors | Amount | Round |
|---|---|---|---|
| - | investor | €0.0 | round |
| N/A | €0.0 | round | |
| investor | €0.0 | round | |
| N/A | €0.0 | round | |
* | N/A | Acquisition | |
| Total Funding | 000k | ||
Related Content
Global Data Consortium (GDC), now a part of the London Stock Exchange Group (LSEG), specializes in providing business verification solutions that ensure Anti-Money Laundering (AML) compliance and fraud protection. GDC leverages official government and reputable business data sources to verify the existence and active trading status of entities, thereby reducing friction in customer experiences. The company primarily serves financial institutions, e-commerce platforms, and other businesses requiring robust verification processes. Operating in the global market, GDC's business model revolves around offering subscription-based access to its verification platform, generating revenue through recurring fees. The acquisition by LSEG aims to enhance GDC's capabilities in the Know Your Business (KYB) and Ultimate Beneficial Ownership (UBO) spaces, further supporting clients in managing customer and third-party risks.
Keywords: AML compliance, fraud protection, business verification, KYB, UBO, financial institutions, e-commerce, subscription model, digital experiences, risk management.