About a-team Marketing Services
The knowledge platform for the financial technology industry
The knowledge platform for the financial technology industry

A-Team Insight Blogs

Compliance.ai Plans Market Growth and Expansion on Back of $6 Million Funding Round

Subscribe to our newsletter

Compliance.ai, a provider of regulatory change management solutions, has secured $6 million of funding, which it will use to promote market growth and expansion. At the same time, the company has brought in a new CEO, Asif Alam, who will replace Kayvan Alikhani, who will continue innovating Compliance.ai products as co-founder and chief product/strategy officer.

The funding comes from existing investor Cota Capital and new investment partner JAM FINTOP, and follows a $3 million Series A funding round led by Cota Capital in December 2020.

Commenting on the investment, John Philpott at JAM FINTOP, says: “Our banking partners have ranked transformation of regulatory compliance change management as one of their immediate priorities. Compliance.ai can address this critical need for financial services organisations.” Bobby Yazdani, founder and partner at Cota Capital, adds: “With a strong executive team, the company is well positioned to be a leader in the RegTech market.”

Compliance.ai offers a cloud-based regulatory change management platform that proactively monitors sources of new regulations and uses AI to contextualise updates into actionable insights that can help firms mitigate compliance risk. Recently, the company expanded its platforms to provide access to regulatory change management applicable in more than 25 countries.

Asif Alam joins Compliance.ai after serving as chief strategy officer at ThoughtTrace, an AI-powered document reader solution acquired by Thomson Reuters earlier this year. He brings more than 20 years of management and business experience to Compliance.ai, with past employers including Crux Informatics, Finastra, and Thomson Reuters.

Subscribe to our newsletter

Related content

WEBINAR

Recorded Webinar: Sponsored by FundGuard: NAV Resilience Under DORA, A Year of Lessons Learned

The EU’s Digital Operational Resilience Act (DORA) came into force a year ago, and is reshaping how asset managers, asset owners and fund service providers think about operational risk. While DORA’s focus is squarely on ICT resilience and third-party dependencies, its implications extend deep into core operational processes that are critical to market integrity, investor...

BLOG

Regulatory Developments 2026, a Cross-Jurisdictional Outlook

2026 regulatory themes are converging around the theme of continuous evidence – data quality, control effectiveness, and operational resilience demonstrated through repeatable artefacts rather than narrative attestations. In Europe, that direction is most explicit in ESMA’s data platform and supervisory tooling agenda, alongside the ESAs’ DORA-related coordination and oversight planning – see ESMA 2026 Annual...

EVENT

AI in Capital Markets Summit London

Now in its 3rd year, the AI in Capital Markets Summit returns with a focus on the practicalities of onboarding AI enterprise wide for business value creation. Whilst AI offers huge potential to revolutionise capital markets operations many are struggling to move beyond pilot phase to generate substantial value from AI.

GUIDE

AI in Capital Markets Handbook 2026

AI adoption in capital markets has moved into a more disciplined phase. The priority is now controlled deployment: where AI can be used safely, where it can deliver measurable value, and how outputs can be governed, monitored and evidenced. The 2026 edition of the AI in Capital Markets Handbook examines how AI is being applied...