We are delighted to announce that we are bringing Verify 365 to Midlands with a new Birmingham office at Colmore Row to house our growing sales and marketing team.
Within a relatively short amount of time, we have quickly become a leader in the legal technology industry, offering innovative solutions that streamline and simplify legal and AML compliance processes for firms of all sizes. With our cutting-edge technology and unparalleled enhanced due diligence software solutions, the company has seen a huge influx of interest in its platform for AML compliance, particularly from law firms, estate agents, fintechs and accountants.
Our award-winning software which provides AI-powered biometric identity verifications and digital client onboarding has expanded into the Midlands where, according to Government statistics, 4.3% of UK businesses are registered. This expansion is a key part of Verify 365 growth strategy and commitment to becoming the leading software supplier in the legal and financial sectors.
Featuring an enhanced NFC-based biometric ID verification that can verify identity documents from over 200 countries in 40 languages, instantly analyse source of funds data using Open Banking, screen global PEPS and Sanction lists and confirm a person’s residential address, the technology helps regulated businesses to conduct KYC and KYB checks in minutes.
On leading software review site G2, one user’s review feedback states that “Verify 365’s platform is unlike anything else on the market”.
“We are thrilled to be expanding our operations and growing the companies presence in the heart of Birmingham,” said co-founder Azeem Rashid. “This city is a hub for advanced tech companies, and we are excited to be part of its growing business community. At Verify 365, we are committed to using innovative legal tech solutions to help businesses navigate complex regulations and compliance issues, and I can’t wait to see what the future holds for the company in the UK and beyond.”
Birmingham is widely considered a prime location for tech innovation, with a growing community of advanced tech firms and a rich history of innovation dating back to the Industrial Revolution.
In a recent report entitled “At the Frontier: The Geography of the UK’s New Economy”, the think-tank called on MPs to combine their ambitions to level up the UK and focus on building and supporting advanced tech-clusters in cities like Birmingham.
As part of this effort, the think-tank proposed creating a massive £14.5 billion growth package over ten years to fund innovation accelerators in Birmingham, Manchester and Glasgow.
Centre for Cities Chief Executive Andrew Carter said, “Given its size, Birmingham should be playing a larger role in the national economy than it does. The Government should therefore build on Birmingham’s great potential and deliver the investments it needs in skills, regeneration and infrastructure to attract more cutting-edge businesses and reclaim its historic place as a city at the forefront of innovation.”
Recently, it was announced that Bruntwood SciTech has partnered with Birmingham City Council and Birmingham City University to deliver a new tech accelerator at Innovation Birmingham.
The programme, funded by the West Midlands Combined Authority, is designed to boost local procurement opportunities for innovative entrepreneurs and SMEs from the city’s burgeoning tech cluster.
“We are am excited to be at the forefront of Birmingham’s technological revolution and I am proud to be growing the Midlands tech-hub as part of the company’s wider global expansion plans. My rapid growth is a testament to my commitment to innovation and continually pushing the boundaries of what’s possible. I am delighted to be able to create new jobs in the UK and to lead the future of digital identity and client onboarding for solicitors’ firms and estate agents,” Rudi Kesic, CEO of Verify 365 added.
Verify 365 is part of the Lawtech 365 Group, which also has other platforms in the company. It was co-founded two years ago by Rashid, Rudi Kesic and Mevludin Dzihic. Kesic is the chief executive of the company, which has its headquarters in Stratford-upon-Avon, also in central England.