Kord targets the costly gap between identity, compliance, onboarding and payments, where fragmented manual systems can delay high-value transactions and create openings for fraud; Beringea says failed property transactions cost UK consumers about £560 million a year and the wider economy about £950 million. Its traction gives the bet weight: revenue grew from around £0.5 million to over £5 million in a year, it serves more than 100 paying customers, and the £6.4 million Series A is funding product development, team expansion and customer acquisition.