Oysterchecks

What Oysterchecks does

Oysterchecks, operating as The Morgans Consortium Consulting Limited (UK Companies House registration 09045481), is an AI-driven unified risk and assurance intelligence platform headquartered in London with offices in Lagos (Nigeria) and Cork (Ireland). The company sits within The Oasis Network Incorporation Limited corporate group and is built on the domain expertise of the broader Morgans Consortium ecosystem of governance, risk, and compliance advisory services.

The platform combines identity verification, KYC/KYB onboarding, AML transaction monitoring, background screening (including BPSS, BS7858, and employment checks), and a GRC assurance module with continuous control monitoring into a single API-first architecture. Underlying capabilities include AI-led biometric verification (facial, fingerprint, liveness, behavioural), natural-language adverse media and sanctions screening across 180+ countries, AI-driven anomaly detection on transaction data, and pre-built connectors to Salesforce, HubSpot, Zoho, AWS, and Azure. The company is designed around compliance with ISO 27001, GDPR, and region-specific frameworks including FCA and CBN.

Revenue is generated through monthly subscription tiers ranging from £100k/month for GDPR Screening up to £500k/month for Director & Senior Management packages, one-time fees for individual vetting services (£329 BPSS, £690 BS7858), and professional services for advisory, framework design, and platform implementation. Go-to-market is dual-track: enterprise field sales with demo bookings alongside self-serve platform registration. Target customers span banking, fintech, healthcare, government, security, energy, aviation, real estate, and HR/recruitment — sectors where regulatory compliance and identity assurance are mission-critical.

Name

Oysterchecks

Legal name

The Morgans Consortium Consulting Limited

Website

https://oysterchecks.com

Company type

Private

Founded year

2009

Operating status

Operating

Short description

Oysterchecks is a London-based AI-driven unified risk and assurance intelligence platform offering KYC/KYB, AML monitoring, background screening, and GRC assurance across 180+ countries for regulated industries including banking, fintech, healthcare, and government.

Ownership category

akta.pro rank

Product category

RegTech / Compliance & Background Screening Software

SIC

Services-Management Services (8741)

akta.pro industry

PRIMARYFSAGAFAB

KYC/KYB & Customer Onboarding (CIP, beneficial ownership, screening)

Financial & Insurance/Financial Technology (Fintech)/RegTech (Compliance, KYC/AML, Fraud, Identity)

SECONDARYFSAMAMAK

Beneficial Ownership (UBO) & Corporate Registry Verification (KYB)

Financial & Insurance/Payments & Transaction Processing/Payment Compliance, KYC/AML & Screening

Keywords

• Background screening services
• Identity verification platform
• AML transaction monitoring
• KYC onboarding software
• GRC assurance platform

Headquarters

HQ city

London

HQ country

United Kingdom

HQ region

Europe

Offices4 records

Markets served

GTM type

B2B

Offering type

Software

Cost components

Technology or R&D, Personnel, Infrastructure, Marketing or Sales, Operations

Revenue model

1. Subscription-based Platform Access: Monthly subscription tiers (GDPR Screening £100k/month, Entry Screening £150k/month, Mid-Tier £250k/month, Director & Senior Management £500k/month) providing access to platform modules including KYC, KYB, AML monitoring, background screening, and GRC assurance
2. One-time Vetting Services: One-time payment for specific vetting services including BS7858 Vetting at £690 per individual
3. BPSS Clearance Services: Fixed pricing for BPSS clearance at £329 per individual
4. Professional Services: Advisory and implementation services including AML and financial crime advisory, risk and compliance framework design, regulatory readiness and audit support, and platform implementation and integration

Pricing tiers

Go-to-market motion2 records

Distribution channels4 records

Marketing channels7 records

Core offering

Oysterchecks sells a modular, API-driven SaaS platform that delivers real-time identity verification, global background screening, KYC/KYB onboarding, AML transaction monitoring, and GRC assurance for enterprises in regulated industries. Its core product modules include Identity & Background Intelligence, KYC/KYB Solution, AML Solution, Transaction Monitoring, Employment Checks, BS7858 Vetting, BPSS Clearance, Periodic KYC, and GRC & Assurance, sold primarily on monthly subscription tiers ranging from £100k to £500k and one-time fixed-price vetting services.

Product overview

Oysterchecks is a unified risk and assurance intelligence platform offering modular, API-driven solutions for identity verification, background screening, KYC/KYB, AML compliance, and GRC assurance. The platform integrates Identity & Background Intelligence, KYC/KYB Solution, AML Solution, Transaction Monitoring, Employment Checks, BS7858 Vetting, BPSS Clearance, Periodic KYC, and GRC & Assurance as interconnected modules within a single unified system. The architecture enables real-time processing across 180+ countries with AI-driven biometric verification, automated transaction monitoring, and continuous control assurance.

Differentiator

Problem solved

Functional benefit

Products and services

• Identity & Background Intelligence Global identity verification and background screening platform providing criminal records checks, adverse media screening, employment referencing, education verification, BPSS, BS7858, right-to-work, and KYB verification for enterprises.
• KYC / KYB Solution Know Your Customer and Know Your Business verification solution enabling compliant, seamless onboarding with document verification, biometric authentication, PEP/sanctions screening, and enhanced due diligence workflows for financial services and regulated enterprises.
• AML Solution Comprehensive anti-money laundering solution covering PEP screening, sanctions screening, adverse media monitoring, and real-time transaction monitoring with AI-driven fraud pattern detection for compliance teams.
• Transaction Monitoring Real-time AML transaction monitoring tool with AI-driven fraud detection, behavioural analytics, alert management, case management, and SAR filing support for compliance teams.
• Employment Checks Comprehensive background screening packages including DBS checks (basic, standard, enhanced), credit checks, employment referencing, gap analysis, adverse media checks, and qualification verification across four tiered subscription packages.
• BS7858 Vetting Security industry vetting compliant with British Standard BS7858, including 5-year employment referencing, gap analysis, basic DBS check, credit check, and right-to-work verification for security sector employees.
• BPSS Clearance Baseline Personnel Security Standard clearance covering identity and nationality verification, right-to-work confirmation, 3-year employment history check, and criminal record verification for government and public sector roles.
• Periodic KYC Automated periodic re-verification solution that monitors customer risk profiles, alerts on material changes in corporate databases and registries, and ensures ongoing KYC compliance refresh.
• GRC & Assurance Platform Governance, Risk, and Compliance assurance platform enabling continuous control monitoring, independent data-driven assurance, combined 1st/2nd/3rd line defence integration, and audit-ready evidence across enterprise organisations.
• Advisory & Implementation Services Professional services covering AML and financial crime advisory, risk and compliance framework design, regulatory readiness and audit support, and platform implementation and integration for regulated enterprises.

Quantifiable outcome

• Results delivered in under 2 seconds average response time
• +3 more outcomes

Segments9 records

Ideal customer profiles6 records

Technology focussed Yes

API detail

Has API

Yes

API docs

API detail

Core technology

AI maturity

App detail

Integration3 records

AI capability8 records

Feature8 records

Partnerships

Nine partnerships are on record, tiered core and strategic.

• The Morgans ConsortiumcoreStrategic or Co-development PartnerParent ecosystem of The Morgans Consortium (The Morgans Consortium Consulting Limited) providing governance and risk expertise. Oysterchecks is built within this ecosystem, leveraging deep domain expertise in governance, risk, and compliance.
• SalesforcecoreTechnology or IntegrationPre-built CRM connector enabling integration with Salesforce for seamless data flow and workflow automation between customer relationship management and verification/compliance processes.
• HubSpotcoreTechnology or IntegrationPre-built CRM connector enabling integration with HubSpot for marketing, sales, and service workflow automation combined with compliance verification.
• ZohocoreTechnology or IntegrationPre-built connector for Zoho suite of business applications enabling integration with CRM, HR, and operational systems.
• AWS (Amazon Web Services)coreTechnology or IntegrationCloud infrastructure built on AWS providing high availability, scalability, and secure data storage with global deployment capability.
• Microsoft AzurecoreTechnology or IntegrationCloud infrastructure supporting scalable deployment options alongside AWS for enterprise flexibility.
• ISO 27001coreTechnology or IntegrationInformation security management certification standard the platform is designed in accordance with for enterprise-grade security.
• MemberCheckstrategicTechnology or IntegrationSister company of NameScan providing Identity Verification (IDV) services for KYC/CTF needs, offering comprehensive identity verification solutions.
• smartKYCstrategicTechnology or IntegrationAdvanced KYC technology combining artificial intelligence, linguistic and cultural sensitivity, and deep domain knowledge for superior KYC quality, productivity transformation, and compliance conformance.

Scale indicators9 records

Recent moves6 records

Expansion highlights6 records

Direct peers

• Trulioo: Trulioo provides global identity verification and business verification across 195+ countries, positioning it as a direct competitor to Oysterchecks' Global Background Screening and KYB capabilities.
• Veriff: Veriff is an identity verification and KYC platform using AI-powered biometric and document checks; its target verticals (fintech, crypto, mobility) overlap significantly with Oysterchecks' banking, fintech, and regulated industry segments.
• Persona: Persona provides configurable identity verification, KYC/KYB, and AML watchlist screening via API—directly comparable to Oysterchecks' API-first KYC, KYB, and background screening modules.
• GBG Group: GBG offers identity verification, KYC, AML, and fraud prevention solutions across global markets, competing head-on with Oysterchecks for regulated enterprise compliance contracts.
• Jumio: Jumio provides AI-powered identity verification, KYC, AML screening, and biometric authentication to banks, fintechs, and other regulated enterprises, overlapping almost entirely with Oysterchecks' core screening and onboarding stack.
• Sumsub: Sumsub delivers KYC/AML, identity verification, transaction monitoring, and ongoing due diligence through a unified platform, mirroring Oysterchecks' modular approach across banking, fintech, crypto, and other regulated sectors.
• HireRight: HireRight provides global employment background screening, identity checks, and workforce vetting services—directly comparable to Oysterchecks' Employment Checks, BS7858, and BPSS clearance offerings.
• Onfido: Onfido is a global digital identity verification provider offering KYC, AML screening, and biometric verification for regulated industries—directly comparable to Oysterchecks' Identity Verification and KYC/KYB modules.
• ComplyAdvantage: ComplyAdvantage offers AI-driven AML transaction monitoring, sanctions/PEP screening, and KYC data—closely aligned with Oysterchecks' AML Solution, Transaction Monitoring, and Periodic KYC offerings.

Broad incumbents

• Refinitiv (LSEG World-Check): Refinitiv/LSEG's World-Check and Risk Intelligence suite provides sanctions, PEP, adverse media, and AML data used by large banks—a broader incumbent whose data products compete with Oysterchecks' screening modules.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat5 records

Key risks5 records

Key highlights6 records

Customer concentration

• Facebookfacebook.com/oysterchecks
• Xtwitter.com/oysterchecks
• LinkedInlinkedin.com/company/oystercheck

Compliance2 records

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Oysterchecks