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PassFort has promising potential by offering a SaaS platform that simplifies compliance processes for companies onboarding customers in regulated sectors. Located in London, PassFort addresses the need for efficient compliance to avoid risks like non-compliance penalties and slow onboarding times. By automating these processes, the platform provides a competitive advantage over traditional methods such as manual reviews and outdated compliance systems. Backed by investors like Entrepreneur First and OpenOcean, PassFort shows strong market potential. With a specialized focus on compliance automation, PassFort is well-positioned to become a key player as regulatory demands grow across industries like fintech and legal tech.