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

UK SupTech Firm FNA Wins $5.5m Series A Funding

Subscribe to our newsletter

London-based supervisory technology (‘SupTech’) start-up FNA has closed a $5.5 million Series A investment round led by IQ Capital, with participation from GETTYLAB.

Founded in 2013, FNA offers deep technology analytics company via a platform that uses network analytics, AI and machine learning platform to help financial institutions to map and monitor complex financial systems, and to simulate operational and financial risks.

The firm also works with global regulators to better manage systemic risk, with exchanges to understand risk concentrations and simulate operational risks, and with payments platforms and banks to optimise liquidity and manage financial crime risks.

The funds will be used to further develop the FNA platform and solutions to help financial regulators and institutions operationalise advanced data analytics, identify fault lines in the financial system and prepare better for financial crisis and cyber threats.

The company also plans to expand globally, building on its existing footprint in the US and Asia Pacific to reach beyond its existing client base of central banks, regulators and financial market infrastructures into new areas of demand such as banking and national intelligence.

“FNA set out to make the global financial system safer and more efficient through better, data driven, understanding of the interconnectedness of market participants. This investment is a testament to the work we’ve done with our central banking, regulatory and FMI clients,” says Dr Kimmo Soramäki, Founder and CEO of FNA. “This investment comes at a critical time for FNA as the market searches for new solutions to counter new threats to the financial system.”

Subscribe to our newsletter

Related content

WEBINAR

Recorded Webinar: Proactive RegTech approaches to fighting financial crime

Financial crime is a global problem that costs the economy trillions of dollars a year, despite best efforts by financial services firms, regulators, and governments to stem the flow. As criminals become more sophisticated in how they commit financial crime, so too must capital markets participants working to challenge criminality and secure the global financial...

BLOG

5 Recurring Themes from Comms Surveillance (Q1-2024)

Communications surveillance came under focus in two sessions at the recent A-Team Group Trading Technology Summit in London in February.  During a morning Keynote session, Andrew Delaney, President and Chief Content Officer at A-team sat down with Paul Liesching, Chief Revenue Officer at 1Global to discuss “Navigating the Complexity of Communications Surveillance.”  An afternoon panel...

EVENT

AI in Capital Markets Summit London

The AI in Capital Markets Summit will explore current and emerging trends in AI, the potential of Generative AI and LLMs and how AI can be applied for efficiencies and business value across a number of use cases, in the front and back office of financial institutions. The agenda will explore the risks and challenges of adopting AI and the foundational technologies and data management capabilities that underpin successful deployment.

GUIDE

Trading Regulations Handbook 2022

Welcome to the third edition of A-Team Group’s Trading Regulations Handbook, a publication designed to help you gain a full understanding of regulations that have an impact on your trading operations, data and technology. The handbook provides details of each regulation and its requirements, as well as ‘at-a-glance’ summaries, regulatory timelines and compliance deadlines, and...