Kord said the funding will be used to grow its team, advance product development, and support new customer acquisition. The company provides infrastructure for client onboarding, identity verification, compliance and anti-money laundering checks, document signing, and payment processing for regulated industries.
The raise comes as firms in sectors such as legal services, property, and financial services face increasing pressure to modernise operational workflows and respond to more sophisticated AI-enabled fraud risks. Kord positions its platform as a way to bring those functions together in a single system, replacing fragmented legacy tools with a more integrated transaction lifecycle platform.