Today, I’m incredibly excited to share that FundWA has doubled down on Personr, providing follow-on capital just months after leading our seed round.

This new investment means a lot, not just for our team but for Western Australia’s growing role as a national leader in RegTech and fintech innovation.

We’re building Personr to solve one of the biggest challenges facing Australian businesses right now: compliance that’s getting tougher, broader, and more complex by the day.
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From identity theft to national infrastructure

Personr started from a tough personal experience.

Back in 2019, my co-founder Charlie Westerman had his identity stolen. It was a frustrating process that exposed how broken and fragmented compliance systems really were.

What started as his personal setback has grown into one of Australia’s most comprehensive AML compliance platforms, trusted today by hundreds of businesses nationwide.

We help companies simplify AML and KYC obligations, and it’s working.

Over the past year, we’ve grown our customer base fivefold and revenue twelvefold.

That momentum speaks volumes about the urgency of the compliance problem and the power of the solution we’re building.
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Why FundWA backed us again

When an investor follows on this quickly, it sends a strong message of conviction in both our mission and our execution.

As FundWA CEO Glenn Butcher put it:

“In a world where regulations are getting tougher and the cost of human error is soaring, companies need smarter, faster ways to handle identity checks and fraud prevention. Personr is building essential digital infrastructure that turns compliance from a headache into a competitive edge.”

That’s exactly what drives us.

The upcoming Tranche 2 AML reforms will bring over 100,000 new businesses under AUSTRAC regulation by 2026, including accountants, law firms, and real estate agencies.

Those businesses need solutions now, and Personr is helping them get ahead.
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What we’ve built so far

With Personr, teams can:

→ Centralise and automate AML obligations
→ Access KYC data in 50+ countries
→ Run KYB checks across 200+ jurisdictions
→ Verify 12,000+ global ID documents

Earlier this year, we were recognised by Aventine Labs as the most comprehensive and innovative AML platform in Australia, a huge validation of the work our team has done to modernise compliance.
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Expanding to cover all AML obligations

We’re now working on expanding Personr’s platform to cover the full spectrum of AML obligations, giving businesses one unified solution for compliance.

Our goal is to remove the need for multiple fragmented tools and manual processes by providing a single, scalable system that helps companies manage, report, and stay compliant with every part of the AML lifecycle.

This next chapter of Personr will empower businesses to stay ahead of evolving regulations and operate with confidence as AML requirements continue to expand globally.
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Why WA matters

Being a Western Australian company is a core part of our story.

WA has always excelled in high-stakes industries like mining and defence, where risk and security are mission-critical.

As FundWA General Partner Pia Turcinov said:

“Personr brings that same disciplined, security-first mindset to digital compliance, proving that WA’s expertise can power global innovation.”

We’re proud to show that world-class RegTech can be built from WA, for the world.
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What’s next

We’re entering a period of hypergrowth, driven by urgent regulatory change and the growing need for smarter compliance infrastructure.

As Charlie Westerman said:

“Personr isn’t just keeping pace with regulation. We’re redefining compliance nationally.”

We’re building something special here: a WA-based company helping thousands of businesses navigate a more regulated world with confidence, speed, and trust.

If you’re one of the 100,000+ businesses preparing for Tranche 2, we’d love to help you get ready.
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Learn more about Personr
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We’re hiring 🚀

We’re growing fast and building out our team across engineering, partnerships, and compliance operations.

If you’re excited about solving complex challenges in fintech and RegTech and want to help shape the future of compliance, we’d love to talk.

See open roles here
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Lastly, To everyone who’s believed in us, our customers, investors, and team, thank you.

Nick & Charlie