eprivateclient

Online KYC platform spins out from Apex Group in founder-led MBO

News Team, 29/09/2020

Online KYC platform The ID Register has spun out of Apex Group Ltd. in a management buyout led by its founder, Tim Andrews and funds consulted by Perscitus LLP.

The transaction completed on 24 September 2020 and terms were not disclosed.

The ID Register aims to become the central clearinghouse for KYC and investor onboarding and has grown to over 25,000 investor profiles. Investor controls their own information in a profile, which, once approved, they can connect to their investments and service providers like a ‘passport’.

Following its MBO, The ID Register is aiming to expand its base of alliance partner...


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