SmartSearch has agreed to acquire Credas Technologies, a provider of identity verification solutions for the legal and property sectors.
The acquisition, subject to regulatory approval, enhances SmartSearch’s position in the digital Know Your Customer (KYC) and anti-money laundering (AML) compliance markets.
By integrating Credas’ technology, SmartSearch will expand its product offering and market reach, delivering greater flexibility and value to clients across regulated industries.
Credas currently supports over 1,000 legal and property clients, streamlining onboarding and improving customer journeys.
Phil Cotter, CEO of SmartSearch, commented: “Regulated firms are under pressure to meet rising KYC and AML demands while delivering seamless onboarding. By joining forces with Credas, we combine our strengths to deliver unmatched innovation and service. Our clients will see immediate benefits as we continue to set the standard for digital compliance.”
Tim Barnett, CEO of Credas, added: “With financial crime on the rise and fraud tactics evolving, digital identity verification is more critical than ever. Partnering with SmartSearch empowers us to help even more businesses protect themselves and focus on delivering quality service.”
