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

VoxSmart Raises $25 Million with Toscafund to Finance Expansion and Growth

Subscribe to our newsletter

In a deal claimed to be one of the largest fundraises conducted for the RegTech and Compliance sector, London-based communications surveillance provider VoxSmart has raised $25 million to strengthen its markets surveillance technology suite and to fund further expansion, particularly in North America and emerging markets. Following $13.7 million raised in earlier rounds of Series A & B funding from investors including Deepbridge Capital and NatWest Bank, the lead investor in the new funding round is Toscafund Asset Management LLP.

VoxSmart provides voice and electronic communications analytics and remote compliance solutions, enabling businesses to supervise communication conducted on a range of different voice and digital platforms for risk and compliance purposes. The company acquired the trading business of Spanish supplier Fonetic in November 2019 for an undisclosed sum.

According to Oliver Blower, CEO, VoxSmart was the first vendor to introduce compliant WhatsApp surveillance to the market in 2016, and now plans to accelerate product development in instant message capture on emerging channels such as Telegram and Signal, which is a key area of focus for the company.

“WhatsApp has gone from being a peripheral used in niche markets to a mainstream communication platform used daily in traditional wholesale markets. It’s no longer the ‘black sheep’ communication method,” Blower says. “Now, platforms like Telegram and Signal are becoming increasingly prevalent, particularly in the digital asset space. We want to be able to say to our customers, it doesn’t matter where you trade or how you communicate, we’ll make sure it’s compliant, it’s secure, and it interfaces with regulation.”

Blower also sees an increased demand for cloud-based surveillance technology such as that offered by VoxSmart as working from home becomes standard market practice in the post-pandemic economy. “A typical trading floor environment has gone from maybe half a dozen to thousands of locations globally, because everybody’s at home. Those locations have to have the same compliance standards as a traditional trading floor. Firms need to ensure that they have exactly the same compliance standards across both. Our technology allows them to have that interoperability between locations, so it doesn’t matter where you trade or sell financial products, you’re compliant. That’s always been our philosophy at VoxSmart, always on, work anywhere, always compliant.”

He says “Toscafund is an excellent name in financial services, their network and their experience in helping growth businesses achieve their ambitions is unparalleled. And with their European, and indeed global, focus, they are 100% the right partner for us, so we’re absolutely delighted that they’ve come aboard.”

Subscribe to our newsletter

Related content

WEBINAR

Upcoming Webinar: Navigating a Complex World: Best Data Practices in Sanctions Screening

5 November 2025 10:00am ET | 3:00pm London | 4:00pm CET Duration: 50 Minutes As rising geopolitical uncertainty prompts an intensification in the complexity and volume of global economic and financial sanctions, banks and financial institutions are faced with a daunting set of new compliance challenges. The risk of inadvertently engaging with sanctioned securities has...

BLOG

SOLVE Launches AI-Powered Pricing Tool for Corporate Bond Market

SOLVE, the fixed income data and pricing solutions provider, has launched of SOLVE Px, an AI-driven pricing tool for the high-yield (HY) and investment-grade (IG) corporate bond markets. The new tool delivers predictive, trade-level pricing across more than 100,000 corporate bonds, supporting fixed income professionals operating in often illiquid and fast-moving markets. Built on machine...

EVENT

AI in Data Management Summit New York City

Following the success of the 15th Data Management Summit NYC, A-Team Group are excited to announce our new event: AI in Data Management Summit NYC!

GUIDE

AI in Capital Markets: Practical Insight for a Transforming Industry – Free Handbook

AI is no longer on the horizon – it’s embedded in the infrastructure of modern capital markets. But separating real impact from inflated promises requires a grounded, practical understanding. The AI in Capital Markets Handbook 2025 provides exactly that. Designed for data-driven professionals across the trade life-cycle, compliance, infrastructure, and strategy, this handbook goes beyond...