norbloc
Financials
Estimates*
EUR | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
---|---|---|---|---|---|---|---|
Revenues | <1m | <1m | <1m | <1m | <1m | <1m | <1m |
% growth | (38 %) | 5453 % | (36 %) | 140 % | 37 % | - | - |
EBITDA | - | (<1m) | (1.0m) | (<1m) | (<1m) | - | - |
% EBITDA margin | - | (126 %) | (466 %) | (149 %) | (17 %) | - | - |
Profit | (<1m) | (<1m) | (1.1m) | (1.0m) | (<1m) | - | - |
% profit margin | (9060 %) | (132 %) | (498 %) | (192 %) | (57 %) | - | - |
Source: Dealroom estimates
Date | Investors | Amount | Round |
---|---|---|---|
- | N/A | - | |
$1.6m | Seed | ||
N/A | €2.0m | Convertible | |
Total Funding | €3.5m |
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Recent News about norbloc
EditNorbloc is a fintech company specializing in blockchain-based Know Your Customer (KYC) solutions. Operating primarily in the financial services sector, Norbloc serves banks, financial institutions, and regulatory bodies. The company offers a suite of products designed to automate and streamline KYC processes, ensuring compliance and enhancing customer experience. Norbloc's business model revolves around providing software as a service (SaaS), generating revenue through subscription fees and licensing agreements. The company leverages blockchain technology to create secure, efficient, and transparent data-sharing platforms, which help clients reduce operational costs and improve regulatory compliance. Key clients include major banks like HSBC, Emirates NBD, and regulatory authorities such as Dubai Economy and DIFC. Norbloc's innovative approach has positioned it as a leader in the KYC space, solving real-world problems with cutting-edge technology.
Keywords: Blockchain, KYC, fintech, compliance, onboarding, financial institutions, SaaS, data-sharing, automation, regulatory.