Why we built Condukt
When we started Condukt, we knew large language models would change how businesses are onboarded, verified, monitored, and underwritten. But as former operators, we also knew the uncomfortable truth: without reliable, real-time business data across borders, even the smartest models produce unreliable outcomes. So we started at the bottom of the stack.
We built a real-time data connectivity layer: a resilient infrastructure that unlocks authoritative sources (like business registers) even in the hardest-to-reach markets. That foundation gave us what AI in compliance has been missing: trustworthy, up-to-date business identity data. From there, we built upward.
Rebuilding the stack from the ground up
Today, Condukt is no longer just the data layer. It has become an end-to-end KYB and compliance platform, combining fit-for-purpose AI agents and agentic workflows that leverage real-time proprietary and open-source data, stitched together for full business identity coverage.
Whether you’re onboarding a freelancer in Berlin, verifying a scaleup in Milan, monitoring an enterprise across European borders, or underwriting an e-commerce seller, there’s an agent (or end-point) for that, and it runs on Condukt.
Our progress so far
Condukt has become the backbone of KYB across Europe, powering some of the largest Financial Institutions and fastest-growing fintechs across banking, payments, lending, embedded finance, or marketplaces. Some examples include Wise, Tide, Mollie, Rakuten, Shift4, Flatpay, and myPOS.
With our expanded platform, customers can now:
- Automate entire onboarding flows: tap into live business data, cut manual checks, and increase conversion without compromising on risk.
- Monitor continuously businesses in real time: stay aligned with AMLD and global regulations, trigger intelligent alerts, automate remediation, and dramatically reduce manual reviews.
- Leverage an agent library: offload repetitive, rules-based compliance work so teams can focus on higher-value, strategic decisions.
- Deliver seamless, scalable onboarding experiences: use intelligence to check, review, and decide autonomously, giving end customers a fast, low-friction experience.
We are “all in”
With new funding and strong commercial traction, we’re doubling down on AI-powered, real-time KYB automation. We’re investing deeply in new authoritative and open-source data sources, new geographies and market coverage, new agent use cases, and agentic workflows across the KYB lifecycle.
We’re also continuing to hire builders across London and Porto, people who care about getting the details right, from data quality to latency to the last edge case in a workflow.
The road ahead
We’re building the infrastructure for the next generation of business identity and compliance. Delivering on that vision demands relentless execution: every lookup, every alert, every integration, every decision must work flawlessly.
We’re here for the long term: to make business verification instant, intelligent, and largely invisible to end users, while giving compliance, product, and operations teams more control and more confidence than ever.
The opportunity ahead is huge: for our customers, their compliance teams, and the broader financial ecosystem.
Paulo and Bhasker
