Introduction
A know-your-client compliance application called Tradle facilitates risk allocation and capital access. The company developed the application, which obtains personal client data via a secure network to facilitate bank customer compliance and enable financial institutions to allocate risk and obtain cash more quickly. Here, we discuss the Tradle Case Study, Company Profile, Founding Team, and Many More.
Here, we are talking about the Tradle Case Study, Company Profile, Founding Team, and Many More:
Table of Contents
Tradle – Company Highlights
| Company Name | Tradle |
| Headquarter | London, United Kingdom |
| Industry | Financial Software |
| Founded | 2015 |
| Founder | Gene Vayngrib, Simon Wilkinson, Mark Vayngrib, and Ellen Katsnelson |
| Website | http://www.tradle.io/ |
Tradle – About
Tradel’s KYC solution digitizes KYC utilizing blockchain and DLT to verify authenticity, and it offers an omnichannel interface for all financial sectors. Tradle’s strategy lets customers transfer their KYC and electronic documents between ring-fenced organizations, countries, and verticals. Such radical portability establishes a new standard integration point, improves GDPR compliance, and offers an outstanding user experience. Tradle celebrated ‘Customer as a platform.’
Tradle – Industry
Tradle provides services to the FinTech industry segments in the B2B and SaaS domains. Users of the platform can create unique compliance rules and new customer interactions. It offers pre-integrated vendor products, including PEP checkers, ID scans, sanctions, and biometrics.
Tradle – Founder and Team
The founders of Tradle are Gene Vayngrib, Simon Wilkinson, Mark Vayngrib, and Ellen Katsnelson. In 2015, it was established.
Tradle – Startup Story
Gene Vayngrib, Simon Wilkinson, Mark Vayngrib, and Ellen Katsnelson established Tradle in 2015 to revolutionize know-your-client compliance in the banking industry. Utilizing blockchain technology, their application sought to expedite risk allocation and capital access for banks by streamlining client compliance.
Tradle – Mission and Vision
Tradle aims to support institutions, governments, and financial inclusion by leveraging its open-source digital identification platform.
Tradle – Name, Tagline, and Logo
The era of ‘customer as a platform’ is Tradle’s Tagline.
Tradle – Business Model
Due to its open-source nature, the Tradle platform offers advantages in government procurement, rapid innovation, and security auditing. Additionally, they supply pre-integrated vendor solutions to give institutions options and ease of implementation, such as ID scanning, biometrics, sanctions, and PEP checkers. Tradle bridges internal and external financial networks via a blockchain to provide user-controlled KYC portability.
Tradle – Revenue Model
Tradle generates over $5 million in income.
Tradle – Products and Services
Tradle offers pre-integrated vendor solutions, including ID scanning, biometrics, sanctions, and PEP checkers, to give institutions flexibility and convenience in deployment.
Tradle – Funding and Investors
- In one funding round, Tradle has raised a total of $16.2K.
- Its most recent funding round, a Seed round for $16.2K, was completed on July 19, 2015.
- FinTech London and Startupbootcamp were among the investors participating in its most recent round.
Tradle – Employees
Tradle employs over 100 people.
Tradle – Challenges Faced
There is no detail of it.
Tradle – Acquisitions
No acquisition has been made.
Tradle – Growth
The only KYC that has been shown to function in every area of banking and insurance is Tradle. With Tradle’s blockchain-based bot technology, you can create innovative consumer experiences and personalize compliance guidelines. We handle all server, network, security, and application headaches so you may focus on your business’s quick development.
Tradle – Partners
Tradle has several project partners, including Rabobank, Lloyd’s Bank, FCA, and many more, whom FintechCity, McKinsey & Company, KPMG, and Citi have acknowledged.
Tradle – Competitors
- Concerning its competition, Tradle is ranked 337th out of 1604.
- 150 of its rivals have left, while 294 have secured funding.
- In total, 1047 investment rounds with 2691 investors have seen Tradle and its rivals raise nearly $13.6 billion in capital.
- 138 acquired companies, 12 public companies, and 13 private unicorns comprise the whole competitive set.
- The three main rivals are Quantexa, Riskified, and Scandit.
Tradle – Awards and Achievements
- KPMG, UBS, Finsum, Citi, and others acknowledged them.
- One of the Worldwide Finance Awards 2021 winners is Tradle, Inc.
Tradle – Future Plan
There is no detail of it.
FAQs
What does Tradle do?
Retail, wealth, SME, and institutional clients of financial institutions can now access capital and risk allocation using Tradle’s blockchain-based KYC solutions. Users of the platform can create unique compliance rules and new customer interactions. Offers pre-integrated vendor products, including PEP checkers, ID scans, sanctions, and biometrics.
When was Tradle founded?
In 2015, it was established.
Who is the founder of Tradle Corporation?
The founders of Tradle are Ellen Katsnelson, Mark Vayngrib, Simon Wilkinson, and Gene Vayngrib.
Who is the CEO of Tradle Corporation?
The CEO at the moment is Gene Vayngrib.
Who are the main competitors of Tradle?
The three main rivals are Quantexa, Riskified, and Scandit.
Conclusion
Because of its dedication to using blockchain technology for KYC solutions, Tradle has become a leader in the financial software sector. Tradle keeps innovating as a reliable partner for governments and institutions, striving to promote financial inclusion and streamline compliance procedures while opening the door for a more effective and inclusive financial ecosystem.
