Funding Rounds

RegTech is going from strength to strength. But will the good times keep on rolling in the US? The global RegTech sector is booming. What...

Cloud software developer Applied Systems has acquired Policy Works, a commercial lines business in Canada.

Quantemplate, a cloud-based automated data solution, has scored over $12m in a new funding round led by Route Sixty-Six Ventures, and Transamerica Ventures.

Banking software company Galileo Financial Technologies has scored $77m in an investment round led by venture capital firm Accel.

Fraud and risk solution provider FRISS has revealed it is the developing a new add-on for fraud and risk management related to claims support.

Lemon Way, a pan-European payment processor, has netted €25m in its funding round from Toscafund Asset Management.

Flashpoint, a business risk intelligence company, has collected $34m in a mix of debt and equity.

PropTech startup Proportunity has raised £2m in a seed round backed by FinTech investor Anthemis and Axel Springer Digital Ventures, the venture capital arm of European digital publisher Axel Springer.

CRE Simple has closed a seed investment which was led by Grand Ventures and Fin Venture Capital.

Swiss RegTech startup Apiax has completed a $6.6m Series A funding round to boost its digital compliance solutions and to go global.