Investment

TAINA Technology, a London-based computer science led provider of RegTech solutions for banks, online trading platforms and fund administrators has announced the closing of its most substantial funding round yet from Anthemis, Tribeca ESP, Reciprocal Ventures and SIX Ventures.

The undisclosed round brings together the FinTech investors in an effort to grow the firm’s its global footprint with its FATCA, CRS and Chapter 3 Platform. 

Its technology used by large banks, online trading platforms and fund administrators, is fully automated and the firm said it saves financial institutions costs, reduces risks and improves customers’ experience 

Maria Scott, TAINA’s CEO, said: “Our world as we know it has changed forever. We continuously hear from senior leaders of financial institutions that automation, instant global connectivity of teams, strengthened resilience of processes and the ability to onboard customers seamlessly online have all become essential must-haves. 

We will deploy this fresh injection of smart funding to create even more value for our existing clients and reach even more customers in our growing target markets across North America and Europe.”