SaaS RegTech leader, PassFort, acquired by Moody’s

London, December 3, 2021 – Moody’s Corporation (NYSE:MCO) today announced that it has acquired PassFort, the SaaS RegTech provider automating anti-financial crime and compliance processes.

In addition, Moody’s has also entered into an agreement to acquire 360 kompany AG (Kompany).

Both acquisitions will enhance Moody’s offering to customers, delivering best-in-class solutions for global KYC, anti-money laundering, compliance, and risk management.

“We couldn’t be happier about becoming part of the Moody’s family.” Said Donald Gillies, Co-Founder of PassFort. “It’s been a year of global growth and expansion for PassFort, and this acquisition means we can offer yet more powerful solutions to our customers, while opening up a world of new innovation for the future of RegTech.”

Read the full story

You can read the full Moody’s press release here.

Get in touch

If you have any questions about this announcement, you can direct them to And if you have any questions about the PassFort solution or would like to discuss KYC for your business you can get in touch using this contact form.

Lavanya Rathnam

Lavanya Rathnam is an experienced technology, finance, and compliance writer. She combines her keen understanding of regulatory frameworks and industry best practices with exemplary writing skills to communicate complex concepts of Governance, Risk, and Compliance (GRC) in clear and accessible language. Lavanya specializes in creating informative and engaging content that educates and empowers readers to make informed decisions. She also works with different companies in the Web 3.0, blockchain, fintech, and EV industries to assess their products’ compliance with evolving regulations and standards.

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