Condukt secures £7.6m from Lightspeed Venture Partners and MMC Ventures to scale compliance platform
The funding round was led by Lightspeed Venture Partners and MMC Ventures to accelerate expansion into financial institutions.
Condukt provides an automated compliance platform for financial institutions.
Condukt operates a compliance platform for financial services, employing real-time data and agentic solutions to automate know-your-business processes. The firm provides perpetual oversight capabilities to replace traditional manual checks.
Cash at bank
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Net assets
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Cash, assets and headcount from Condukt's latest Companies House filing — with year-on-year movement, free with a Winfred account.
Paulo Guichard
CEO
Bhasker Rao
Bhasker brings fintech risk management experience from roles at Revolut, Square, and American Express. He currently serves as co-founder and chief risk officer at Condukt.
LinkedInThe funding round was led by Lightspeed Venture Partners and MMC Ventures to accelerate expansion into financial institutions.