Minerva

Functionality

AML + KYC

Description

Minerva was designed for property law firms. It offers tools for ID verification, ongoing due diligence, and open banking.
England
15

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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 However, the platform's UX/UI is outdated compared to more modern competitors in the legal technology space.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The lack of KYB and the outdated UX/UI make it hard to recommend for broader compliance needs.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

Raised

N/A

Round Details

Investors

Executives

Gareth Meech
Director
N/A