Global-leading Canadian
RegTech company
acquires HelloFlow

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Global-leading Canadian RegTech company acquires HelloFlow

The Canadian market leader in identity verification of customers Trulioo has acquired the Danish fintech business HelloFlow.

HelloFlow was formed in 2010 and has developed an innovative digital solution that companies can use for client onboarding and identity verification. The solution allows organisations to easily build their own onboarding workflows in minutes while continuing to meet KYC and anti-money laundering requirements.

Trulioo is a leading global identity verification company. Trulioo has developed the platform GlobalGateway, the world’s largest data and identity services network for both business and individual verification. The platform provides real-time verification of 5 billion consumers and 330 million business entities worldwide, ensuring that online transactions are conducted in a safe and secure manner and according to current rules and regulations.

The purpose of the acquisition is to accelerate Trulioo’s delivery of an enhanced end-to-end identity platform by combining GlobalGateway with HelloFlow’s onboarding workflow and risk management capabilities.

Accura advised Trulioo in connection with the transaction.