KYT means Know Your Target.
It is a required verification of the target company that we must perform before approving the fund's investment.
You can perform the KYT check by going to the homepage of your fund.
From there, go to “Portfolio” > “Ongoing processes” > “Actions":
From there, you will be redirected to a dedicated flow, hosted by our partner Dotfile:
You will need the following documents:
For individuals related to the target company (shareholders / legal representatives / beneficial owners):
Government-issued ID,
Proof of address, like:
a less than 3-month-old utility bill,
a less than 3-month-old bank statement,
a less than 3-month-old administration document (e.g. tax report).
For the target company:
Less than 3-month-old incorporation certificate
"KBIS", BCE extract, ...
Bylaws (or "statuts")
Cap table or list of UBOs
You can find the list of corporate UBOs in the EU here.
Subscription document
Draft (not necessarily final version) of the following legal documents:
Subscription agreement for the Partnership,
If applicable, shareholder's agreement or similar contractual documentation,
Minutes of the general meeting approving the fundraise of the company.
All information collected is strictly confidential, only used for Anti-Money Laundering purposes, and is never shared with other Roundtable members.