AsiaVerify, an intelligence RegTech startup, has secured funding from Foresight Group. The firm provides regulatory compliance checks and risk assessment on Asian entities for global businesses, drawing on official sources across multiple jurisdictions.
Founded in 2019, AsiaVerify operates an intelligence platform that delivers real-time insights into 447 million companies across 14 Asian jurisdictions through a single interface. The platform enables organisations to assess ownership structures, risk indicators and compliance status as regulatory scrutiny around ownership transparency, sanctions and ongoing monitoring increases.
As supply chains, investment flows and corporate partnerships deepen across Asia, organisations face increasing pressure to understand counterparties and how risk evolves over time. Increasing regulatory scrutiny around ownership transparency, sanctions, and ongoing monitoring has exposed significant gaps in traditional data sources. These conditions are driving demand for trusted, compliant and real-time Asian corporate intelligence to support risk management and decision-making.
With the investment, new hires will be made in sales, marketing and customer success, building on growth achieved with limited sales resource to date. It will also continue to invest in product development to help global customers find and access new suppliers.
