Silicon Valley SBDC
KYC Systems, LLC
KYC Systems delivers “Know Your Customer” business process automation and data.
KYC Systems delivers “Know Your Customer” business process automation and data. The primary market is the payments industry, performing automated due diligence of payment card and ACH merchant onboarding and underwriting. KYC Systems is a small company and though a SaaS product that can easily scale technically, it has only two inside sales people, therefore sales and marketing strategy are critical for growth.
SBDC has helped KYC Systems focus its limited sales and marketing resources to drive growth strategically, particularly through partnerships with larger complementary companies. The SBDC assisted in developing one particular relationship that is leading to a joint offering and over $500,000 influx of capital into the company.