KYP wins SharkTank Start-up Innovators at Payments Leaders’ Summit
London – Wednesday 11th October 2023
KYP, a global risk intelligence platform, is delighted to share that we've won the prestigious 'SharkTank Start-up Innovators' award at this year's Payments Leaders Summit. The announcement came at the end of the first day of the two-day summit held at the Hilton London Syon Park. The Payments Leaders' Summit brings together eminent innovators, leaders, and industry experts from across the industry. This award solidifies KYP’s steadfast commitment to innovation and making significant strides in the ecosystem.
"To win such a prestigious award at the Payments Leaders Summit, is a great honour. We were humbled to be shortlisted alongside three other great fintech businesses but to win it was fantastic. This achievement stands as a testament to the dedication and hard work of the entire KYP team”
said Alan Nagle, CEO & Founder of KYP. He went on to say
“we are thrilled about the future prospects of KYP and look forward to introducing our platform’s capabilities to clients that want to safeguard their business’s financial and reputational integrity”.
KYP remains at the forefront of innovation, providing cutting-edge solutions that empower businesses to effectively manage risks in real-time by delivering a complete picture of the third party relationships a business relies upon. With this recent achievement, KYP reinforces its position as a leading player in the FinTech industry.
-ENDS-
Notes to Editor:
About Alan Nagle
Alan is a technology entrepreneur with over 20 years of executive experience in the financial services space globally. Ex-Google and CCO of Cybertonica, a transactional AI machine learning risk platform. MSc in Honours Business Risk Management.
For interview requests or other press enquiries for KYP, please contact Jack Mulcahy, COO, (jack@kyp.io). Or to arrange an interview with Alan Nagle directly, please find a time in his calendar via his Calendly
About KYP
KYP is an abbreviation for Know Your Partner, Know Your Provider.
Doing business nowadays means one has to be prepared and proactive. The way we see it, the problem is trust - do we know the partners and companies we work with?
KYP was founded in London in February 2021 by entrepreneur Alan Nagle with that goal in mind.
At KYP, we understand a more accurate, up-to-date picture of the partners and businesses you have a professional relationship with is needed, so you can take action on risks and protect your business.
KYP is a real-time 3rd party risk intelligence platform that provides continuous monitoring, insights and alerts to deliver a complete picture of the partners, suppliers and companies your business relies upon. We ensure that a business’s financial and reputational risk in an increasingly open and interconnected world is protected and managed.
How do we do this?
We do this through continuous monitoring and alerts of third party companies by connecting to global trusted data sources with our unique Machine Learning and AI and delivered through a holistic analysis of:
✅ DarkWeb
✅ Adverse Media
✅ Credit Scores
✅ PEPs, Sanctions
✅ Cyber Risk
✅ Insolvency Checks
✅ Linking Graph Connectivity
✅ IDV
✅ Behavioural biometrics
In a nutshell, KYP gives businesses confidence and peace of mind. We empower more profitable relationships by providing the information to make informed decisions on risk.
Benefits of the KYP platform;
- Improves efficiencies by reducing manual processes
- Delivers easier exception management tools & handling
- Proactively monitors partners and TPPs globally
- Reduces operational time by 90% significantly reducing costs
- Empowers risk & fraud teams to make informed decisions
- Continuous business risk monitoring (no annual reviews required)
- Seamless integration & onboarding
