Passcon
Passcon is a privately held, Hamburg-based consultancy founded in 2016 that delivers advisory and implementation services in financial services, KYC, risk management, business transformation, online solutions, and IT, serving clients in regulated and compliance-driven industries.
- Company typePrivate
- Founded2016
- HeadquartersHamburg, Germany
- Headcount11–50
- GTM typeB2B
- OfferingServices
What Passcon does
Passcon is a privately held consultancy based in Hamburg, Germany, founded in 2016. The firm delivers advisory and implementation services across six stated domains: financial services, business transformation, online solutions, risk management, KYC (Know Your Customer), and IT solutions. Its service mix indicates a focus on regulated and compliance-driven environments — particularly KYC and risk management — alongside broader digital transformation and IT consulting work.
Passcon operates with a headcount of 11-50 employees, positioning it as a boutique professional-services firm rather than a scaled consultancy. Its listed domains (KYC, risk management, financial services) typically serve clients in banking, fintech, insurance, or other regulated industries, while the inclusion of business transformation, online solutions, and IT solutions points to adjacent digital and technology engagements. The company is privately held with no public listing, no disclosed funding rounds, no published revenue, and no disclosed customer base or pricing model, indicating limited public-facing scale.
Publicly verifiable information about Passcon's underlying technology stack, proprietary platforms, partnership ecosystem, or contract structure is not available. The firm is led by Corinna Reibchen as CEO and Founder, consistent with a founder-led boutique consultancy. The aggregate input evidence does not support claims about revenue scale, customer composition, geographic footprint beyond Germany, or specific technology assets.
Passcon firmographics
Firmographics- Name
- Passcon
- Legal name
- AML RightSource
- Website
- https://passcon.de
- Company type
- Private
- Founded year
- 2016
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- Passcon is a privately held, Hamburg-based consultancy founded in 2016 that delivers advisory and implementation services in financial services, KYC, risk management, business transformation, online solutions, and IT, serving clients in regulated and compliance-driven industries.
- Ownership category
- akta.pro rank
Where Passcon is headquartered
LocationHeadquarters
- HQ city
- Hamburg
- HQ country
- Germany
- HQ region
- Europe
Offices1 record
Markets served
Passcon business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations
Revenue model
- AML Managed Services: Managed services for ongoing anti-money laundering compliance support, including monitoring, case management, and compliance operations.
- Financial Crime Advisory Services: Advisory consulting services to help organizations strengthen their financial crime compliance programs and meet regulatory requirements.
- Third Party Risk Services: Third-party risk management services delivered in partnership with Blue Umbrella.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Other | Multi-year contract | Custom enterprise pricing based on specific compliance needs and scope of engagement. |
Go-to-market motion1 record
Distribution channels3 records
Marketing channels8 records
Passcon product offering
Product offeringCore offering
Passcon is a Hamburg-based consultancy founded in 2016 that delivers financial services consulting, business transformation advisory, online solutions, risk management, KYC services, and IT solutions to its business clients. The firm operates as a multi-disciplinary advisory practice serving small and mid-sized organizations primarily in Germany.
Product overview
AML RightSource offers a unified platform of financial crime compliance solutions comprising managed services, advisory services, and third-party risk services. The portfolio includes AML Managed Services as the core offering, Advisory Services for strategic compliance guidance, and Third Party Risk Services (delivered through Blue Umbrella partnership). Additional offerings include Crypto Compliance resources and case studies showcasing client outcomes such as elevated AML controls and 50% KYC process time reduction.
Differentiator
Problem solved
Functional benefit
Products and services
- Financial Services Consulting Advisory and consulting services covering financial services needs for business clients in Germany.
- Business Transformation Advisory Consulting engagements to support business transformation initiatives for client organizations.
- Risk Management Consulting Risk management advisory services, including KYC support, for business clients requiring risk oversight and compliance.
- KYC Advisory Services Know Your Customer (KYC) advisory and consulting services to help business clients meet compliance and due-diligence obligations.
- Online Solutions Consulting Advisory on online/digital solutions to help clients leverage digital channels and platforms.
- IT Solutions Consulting IT solutions and consulting services for clients needing technology strategy and implementation support.
Quantifiable outcome
- Global Bank Cut its KYC Process Time by 50%
Companies that use Passcon
Customer profileNamed customers3 records
Segments1 record
Ideal customer profiles1 record
Passcon technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Passcon partnerships and signals
Strategic signalPartnerships
One partnership is on record.
- Blue UmbrellacoreBlue Umbrella is listed as a strategic partner for Third Party Risk Services. The partnership allows AML RightSource to offer comprehensive third-party risk management solutions to their financial institution clients through Blue Umbrella's specialized risk assessment capabilities.
Scale indicators3 records
Recent moves1 record
Expansion highlights1 record
Passcon competitors and assessment
Company assessmentDirect peers
- Roland Berger: Germany-headquartered management consulting firm with deep DACH presence and a similar focus on business transformation, financial services, and operational advisory. Closely comparable to Passcon by geography, size range, and service mix.
- BearingPoint: European management and technology consultancy with strong DACH roots and a focus on financial services, risk, regulatory compliance, and digital transformation — directly overlapping with Passcon's stated service portfolio.
- Capco: Global management and technology consultancy focused exclusively on financial services, covering risk, regulatory, and digital transformation. Comparable to Passcon by target customer (financial institutions) and service mix.
Broad incumbents
- Deloitte: Global Big 4 professional services firm offering consulting, risk advisory, and financial services consulting. Broad incumbent that competes with Passcon across all of its service lines, particularly in financial services and risk.
- PwC: Global Big 4 professional services firm with extensive risk, regulatory, and financial services consulting practices. A broad incumbent competitor across Passcon's full service portfolio.
- KPMG: Global Big 4 firm with strong risk consulting, regulatory compliance, and financial services practices in DACH. Overlaps directly with Passcon's risk management and financial services advisory offerings.
- EY (Ernst & Young): Global Big 4 firm with large consulting, risk, and financial services practices. Competes with Passcon across risk management, KYC/AML advisory, and IT-enabled business transformation.
- Accenture: Global professional services firm with one of the largest financial services consulting practices, including risk, regulatory, and IT transformation. Competes with Passcon on enterprise transformation and IT solutions mandates.
Emerging players
- Fenergo: Specialized SaaS provider for KYC, client onboarding, and regulatory compliance in financial services. While product-led rather than services-led, Fenergo directly addresses the KYC and AML compliance use cases that Passcon's risk management and KYC services compete for.
- AML RightSource: US-headquartered managed services firm dedicated to AML, KYC, and financial crime compliance advisory — directly overlapping with Passcon's risk management and KYC service lines. Notably, the bulk of operational data provided appears to reference this firm.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat1 record
Key risks6 records
Key highlights5 records
Customer concentration
Passcon social profiles
Digital presencePasscon compliance and trust
Trust signalCompliance1 record
Passcon financial estimates
Financial estimateRevenue estimate
Valuation estimate
Passcon leadership team
Management profileNumber of profiles
Profiles1 record
Passcon funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Passcon M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Passcon
What does Passcon do?
Passcon is a Hamburg-based consultancy founded in 2016 that delivers financial services consulting, business transformation advisory, online solutions, risk management, KYC services, and IT solutions to its business clients. The firm operates as a multi-disciplinary advisory practice serving small and mid-sized organizations primarily in Germany.
Is Passcon a public or private company?
Passcon is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was Passcon founded?
Passcon was founded in 2016. It employs 11 to 50 people.
Where is Passcon based?
Passcon is headquartered in Hamburg, Germany, in the Europe region.
How does Passcon make money?
Three revenue lines are on record. AML Managed Services are the primary driver. The others are financial Crime Advisory Services and third Party Risk Services.
Who are Passcon's main competitors?
Direct peers on record are Roland Berger, BearingPoint and Capco. Broad incumbents are Deloitte, PwC, KPMG, EY (Ernst & Young) and Accenture. Emerging players are Fenergo and AML RightSource.
Does Passcon have an API?
No public API is recorded for Passcon.