Minerva
Functionality
AML + KYC
Description
Minerva was designed for property law firms. It offers tools for ID verification, ongoing due diligence, and open banking.
Share
Bio
Minerva is a UK-based platform that provides AML and KYC solutions, focusing on property law firms. It supports KYC verification, open banking, ongoing screening, and questionnaire management. Despite lacking KYB and risk assessment tools, Minerva integrates payment and quote management modules, catering specifically to property firms with an app-based NFC verification journey. However, the platform's UX/UI is outdated compared to more modern competitors in the legal technology space.
Year Founded
2003
Locations
England
Key Market
Legal
Features
KYC
NFC Chip
Payments
Questionnaires
Screening
Source of Funds
Market Focus
Segmentation
SMEs and Mid-market
Target Markets
- Legal
Local Group
- Credas
- Thirdfort
- ComplyAdvantage
Data sources and Integrations
- Open Banking
- Payment Modules
Market Map
Strengths
- NFC/app-based journeys for property firms
- Decent amount of integrations, including support for payment and quote management.
- Sufficient for property-focused firms that don't need KYB.
Weaknesses
- UX/UI needs improvement
- Lacks proper KYB module and risk assessment functionalities, limiting its scope for broader full service legal or corporate use.
- Not competitive with other platforms that provide more comprehensive tools for compliance.
Pricing
- PAYG + Tiers
Aventine Rating
Aventine Comment
The lack of KYB and the outdated UX/UI make it hard to recommend for broader compliance needs. However, it serves property law firms well with its tailored payment and KYC functionalities
Executives
Gareth Meech
Director
N/A