Green Point SAS
GreenPoint specialises in regtech, namely in digital and mobile management of know your customer (KYC).
| Date | Investors | Amount | Round |
|---|---|---|---|
| - | investor | €0.0 | round |
| investor | €0.0 | round | |
N/A | Acquisition | ||
| Total Funding | 000k | ||
| EUR | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 |
|---|---|---|---|---|---|---|---|
| Revenues | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
| % growth | - | 87 % | 64 % | 44 % | 132 % | 117 % | 13 % |
| EBITDA | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
| Profit | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
| % profit margin | 2 % | (2 %) | 6 % | 12 % | 4 % | 9 % | 4 % |
| EV | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
| EV / revenue | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x |
| EV / EBITDA | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x |
| R&D budget | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
Source: Company filings or news article
Related Content
Established in 2009 by Benoît Dumortier and Hervé de Kermadec, Green Point SAS carved a niche in the RegTech sector as a specialist in digital and mobile Know Your Customer (KYC) processes. The company provided highly customizable cloud-based services, accessible via API integration, designed to digitize and accelerate client onboarding procedures. Its core business involved managing the collection, verification, and validation of customer records according to specific accreditation rules set by its clients.
The firm's service catered to businesses aiming to enhance user experience, maximize conversion rates during onboarding, and reduce fraud. Green Point's technology offered verification for a wide array of documents, including IDs, proof of address, and bank details, processing millions of documents annually across numerous countries. The client base was diverse, spanning regulated industries such as FinTech, real estate, banking, insurance, and online gaming. Notable clients included Mangopay, Century21, and Winamax.
A significant development for the company was the launch of BePrem’s, a platform dedicated to creating and verifying rental application files within the real estate market. This extended its expertise into a specific vertical. The company's growth was initially supported by business angels and the Ile de France region. A major milestone occurred in July 2017 when the global business process outsourcer Webhelp acquired Green Point. This acquisition led to the formation of Webhelp KYC Services (WKS), with Green Point's founders, Benoît Dumortier and Hervé de Kermadec, taking the lead in its day-to-day management and development. The strategic acquisition was aimed at strengthening Webhelp’s capabilities in servicing regulated clients and expanding its RegTech BPO solutions in an environment of increasing digitization and regulatory demands.
Keywords: Green Point SAS, Webhelp KYC Services, RegTech, Know Your Customer, KYC, digital onboarding, customer record processing, identity verification, fraud reduction, API integration, document verification, BePrem’s, real estate KYC, FinTech compliance, Benoît Dumortier, Hervé de Kermadec, Webhelp acquisition, BPO solutions, customer identification, regulatory technology