# Chekk

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/chekk

- Industry: Internet
- Headquarters: Hong Kong SAR - China
- Website: www.chekk.me
- Latest round: Seed (Apr 11, 2019)
- Investors on record: 2

## About

Chekk is a digital platform that enhances customer onboarding by providing automated verification and compliance solutions for businesses. It focuses on Know Your Customer (KYC) and Know Your Business (KYB) processes while ensuring data privacy and fraud prevention.Founded in 2013 in Hong Kong by Benjamin Petit and Pascal Nizri, Chekk specializes in facilitating seamless customer onboarding through advanced digital solutions. The company has made two notable deals, with its latest round of funding occurring on May 25, 2022, when it secured investment from HSBC Asset Management, Lefonds, SC Ventures, and returning investor SOSV.Chekk provides a comprehensive digital platform designed to streamline the customer onboarding journey, focusing on Know Your Customer (KYC) and Know Your Business (KYB) processes. The platform's core functionalities include automated verification of customers and suppliers, real-time risk assessment, and ongoing compliance monitoring. By leveraging advanced technologies such as video identity verification and biometric digital signatures, Chekk addresses the challenges of regulatory compliance, data privacy, and fraud prevention. The platform is modular, allowing clients in sectors such as banking, fintech, insurance, and asset management to tailor their customer journeys according to specific compliance policies. Chekk’s products serve a diverse client base that includes global financial institutions, startups, and marketplaces, primarily operating in markets across Europe, North America, and Asia.Chekk's revenue model is primarily based on subscription services and partnerships tailored for B2B transactions. Clients engage with Chekk by subscribing to access its platform, which facilitates the onboarding and verification processes for both business and individual customers. The transaction structure typically involves clients paying for varying levels of service, which may include features such as real-time AML screening, dynamic digital forms, and a data wallet for customer data management. The pricing plans are designed to accommodate different client needs and operational scales, ensuring flexibility for various industries. The company's flagship offerings enhance user experience and compliance efficacy, making Chekk a preferred choice for organizations aiming to optimize their customer due diligence processes.In May 2022, Chekk raised an undisclosed amount of venture funding led by HSBC Asset Management, with participation from new investors Lefonds and SC Ventures, as well as returning investor SOSV. This funding will support the development of upcoming features aimed at enhancing user experience and compliance, while also facilitating expansion into new geographic markets. Chekk is strategically targeting growth in regions including Asia and North America by the end of 2023.

## Funding rounds

- Seed, Apr 11, 2019 — SOSV, MOX

## Investors

- SOSV (https://capitalatlas.ai/funds/sosv) — Seed
- MOX — Seed