Experian Acquires KYC360 to Strengthen Fraud Prevention and Compliance Capabilities

Experian, one of the world’s leading data and analytics companies, has announced the acquisition of KYC360, a Jersey-based regulatory technology firm known for its advanced anti-financial crime solutions. The deal, aimed at enhancing Experian’s fraud prevention and compliance capabilities, further strengthens its position across the UK and Ireland. The financial terms of the acquisition remain undisclosed.

A Strategic Move Toward Smarter Fraud Prevention

With financial crime growing increasingly sophisticated, the acquisition of KYC360 represents a deliberate move by Experian to expand its capabilities in regtech and compliance automation.

Founded in 2017 by Stephen Platt, KYC360 provides Software-as-a-Service (SaaS) solutions designed to help organisations manage risk, streamline onboarding, and ensure regulatory compliance. The company serves over 1,000 clients globally, spanning financial services, insurance, legal, accounting, gaming, and industrial sectors. Among its notable customers are AXA, Standard Bank, and Altum Group.

KYC360’s innovative approach to Customer Lifecycle Management (CLM) and screening solutions has positioned it as a trusted technology partner for institutions seeking agility, compliance efficiency, and fraud resilience.

Leadership Continuity Under Experian

According to KYC360’s founder and CEO Stephen Platt, the leadership team will continue under Experian’s ownership. Platt, along with Chief Commercial Officer Tom Delvin and Head of Technology Neal King, will retain their roles as the company integrates into the Experian ecosystem.

In a statement shared on LinkedIn, Platt described the acquisition as “a transformative opportunity to scale our technology and reach, while continuing to innovate in the fight against financial crime.”

This continuity ensures that KYC360’s core vision — delivering smarter, faster, and more secure compliance processes — will remain at the heart of its operations as it becomes part of a global data powerhouse.

Integration with Experian’s Ascend Platform

Experian plans to fully integrate KYC360’s technology into its Ascend platform — a comprehensive suite that combines data analytics, AI, and fraud prevention tools. The upgraded system will be available to clients from next year, offering a unified solution for credit lifecycle management, compliance optimisation, and risk mitigation.

The integration is expected to deliver several key benefits:

• Enhanced compliance efficiency through intelligent data matching and automation
• Faster onboarding and verification across customer touchpoints
• Reduced operational costs via consolidated fraud detection systems
• Improved customer experience through seamless verification processes

By embedding KYC360’s CLM and onboarding technology into Ascend, Experian is positioning itself as a global leader in end-to-end fraud prevention and compliance management.

Building on a Pattern of Strategic Acquisitions

This acquisition follows Experian’s continued investment in advanced fraud prevention and behavioural analytics technologies.

In August 2024, Experian acquired NeuroID, a US-based behavioural analytics start-up specialising in digital identity and fraud detection. NeuroID’s technology — focused on interpreting human digital behaviour — was integrated into Experian’s CrossCore system, also a key component of the Ascend platform.

Together, these acquisitions demonstrate Experian’s focus on combining behavioural insight, AI, and regulatory technology to combat evolving financial threats and ensure greater security for businesses and consumers alike.

A Step Forward in Global Compliance Innovation

As regulatory requirements continue to intensify, financial institutions are under pressure to balance compliance with customer convenience. Experian’s acquisition of KYC360 is a response to this dynamic — uniting data intelligence, advanced analytics, and AI-powered automation to deliver a more efficient and secure banking ecosystem.

By bringing KYC360’s capabilities under its umbrella, Experian is not only expanding its fraud prevention suite but also shaping the future of compliance technology in global finance.

Key Highlights:

• Acquirer: Experian
• Acquired Company: KYC360 (Jersey-based regtech firm)
• Founded: 2017
• Founder & CEO: Stephen Platt
• Clients: 1,000+ organisations (including AXA, Standard Bank, Altum Group)
• Focus: Customer Lifecycle Management (CLM), onboarding, and screening
• Integration: Into Experian’s Ascend platform (launch expected 2026)
• Previous Related Acquisition: NeuroID (August 2024)

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