Rabobank Partners with Fourthline to Enhance Identity Services Platform
Rabobank has partnered with Fourthline, a European fintech specializing in digital identity verification, to integrate Fourthline’s solutions into the Rabobank Identity Services platform. This collaboration allows Rabobank to offer Fourthline’s modular solutions, providing flexibility and customization to meet diverse client needs.
Krik Gunning, Co-founder and CEO of Fourthline: “In today’s digital economy, a wide variety of sectors have the need for mission critical identity solutions yet there cannot be a one-size-fits-all approach. Our partnership with Rabobank is a prime example of how to benefit from our modular full stack identity platform with the flexibility to use specific building blocks for specific use cases.”
Robert van Haersma Buma, Lead Business Development, Rabobank Identity Services: “With Fourthline, Rabobank will further accelerate into a fast-growing and exciting part of the European ID market. Our customers can now benefit from Fourthlines’ flexible, modular KYC & AML solutions via the trusted Rabo Identity Services platform. This partnership will enable our customers to optimise their digital journeys with trust, flexibility and ease of use, resulting in a better customer experience. For us this is another important step to continuously develop our customer value propositions,”
In 2023, Fourthline, the RegTech leader providing AI-powered and compliant KYC and AML solutions, raised €50 million from Finch Capital and other investors. The Fourthline platform offers a complete suite of tech products adhering to local KYC, AML, and GDPR requirements in Europe and beyond. Since its launch in 2018, Fourthline has grown over 80% yearly and now employs over 270 people across multiple countries, working with European fintech leaders and regulated financial institutions like N26, Trade Republic, Qonto, NN, and Western Union.