RegTech Insight Corporate Activity The latest content from across the platform

Fenergo Said to Be Mulling IPO as Rumours of Sale Swirl

Following the success of VC stablemate NCino’s $250 million IPO back in June, rumours are swirling that Dublin-based client lifecycle management specialist Fenergo may be contemplating a significant corporate event, with possibilities ranging from an IPO of its own to a trade sale of the company. While sources close to the company are hinting that…

CSS’s Amfine Purchase Completes End-to-End Reporting Capability

New York-based Compliance Solutions Strategies’ (CSS) acquisition of Amfine, a European provider of SaaS-based reporting for investment managers, fills a gap in the firm’s regulatory reporting solution lineup and allows it for the first time to offer end-to-end compliance for fund managers and insurers. With the all-cash acquisition complete – terms weren’t disclosed – the…

ACA Compliance Pushes Ahead with Ambitious Expansion Plans

ACA Compliance Group (ACA), a provider of governance, risk, and compliance (GRC) advisory services and technology solutions, last month successfully secured $40 million in new funding from its existing investor group, led by Starr Investment Holdings (SIH), which acquired a controlling interest in ACA in 2018. The influx of cash looks likely to push ACA’s…

LPA Group Acquires RegTech Acarda

Capital markets technology specialist the LPA Group has acquired the Acarda Group, a provider of RegTech solutions for asset managers, fund administrators, insurance companies and banks focusing on the automation of regulatory reporting and automated data management. The accretive, add-on acquisition was preceded by a successful collaboration and test phase starting in April 2020. Acarda’s…

ComplyAdvantage Partners with sync. On Financial Crime Compliance

Screening specialist ComplyAdvantage has won a new mandate with fast-growing digital banking app sync. to improve the latter’s AML and anti-fraud capabilities using the RegTech’s AI-driven platform. The partnership will allow the open banking app to run its compliance and risk management processes more smoothly, and to better monitor its customers’ activity; while the relationship…

New Funding Round for kompany Marks Growth Prospects

Business verification and business KYC (KYB) specialist kompany has won new investment of almost €6 million from players including Fairway Global Investment and Japanese VC firm Global Brain, who join the European Super Angels Club as major shareholders. Over the past year company has seen rapid growth, doubling its headcount as its takes advantage of…

SmartSearch Launches US Operations

UK-based anti-money-laundering (AML) firm SmartSearch on July 14 launched operations in the US, following a period of sustained growth. According to CEO John Dobson: “We have developed a bespoke product for the American market so that US firms using SmartSearch have the same absolute confidence as those in the UK, that their AML checks are…

Recorded Webinar: Overcoming the Barriers to Implementing RegTech Solutions: The View from Either Side of the Fence

RegTech holds the promise of targeted, agile and often low-cost solutions to the real-world problems faced by financial institutions across the board. So why is it so difficult to get RegTech projects off the ground? RegTech solutions providers complain that it’s difficult to get access to decision-makers, and even when they do it’s tough to…

Are You Ready for RegTech Virtual 2020?

We’ve only got a week to go, and our brand new and fully virtual RegTech Summit is fast approaching. One of the most innovative, exciting and engaging platforms we have ever worked on, we are delighted to bring you two days of unique, insightful and cutting edge content on the most pressing regulatory challenges of…

Shield Joins Microsoft’s One Commercial Partner Program

Specialist RegTech provider Shield has been selected by Microsoft to join its One Commercial Partner (OCP) program, which provides best-of-breed Cloud-based solutions. The partnership means the Shield platform is now available on Microsoft’s App Source and Azure Marketplace. “With increased remote working and ongoing disruption to many business operations because of the COVID-19 pandemic restrictions, many firms…