Sources
Loading...
Additional media
Loading...
DeepNewz, mobile.
People-sourced. AI-powered. Unbiased News.
Novatus has secured $40 million in funding to aid financial institutions in managing regulatory technology (RegTech) challenges. The company, which assists firms like Revolut in data management for regulatory compliance, achieved this milestone at an approximate post-money valuation of $150 million. This development highlights growing investor interest in fintech companies focused on small and medium-sized businesses (SMBs) and regulatory technologies.
Novatus, which helps financial companies like Revolut manage their data to comply with regulations, raised $40M at a ~$150M post-money valuation (@ingridlunden / TechCrunch) https://t.co/lY24Wy5a2J 📫 Subscribe: https://t.co/OyWeKSRpIM https://t.co/upn41NwmUj
Novatus nabs $40M to help financial institutions quell their RegTech nightmares: https://t.co/yQEHlbArTB by TechCrunch #infosec #cybersecurity #technology #news
Novatus nabs $40M to help financial institutions quell their RegTech nightmares: Banks, investments and financial services are not known to be bastions of transparency — not to the general public, and, as the last financial crisis… https://t.co/EFmi2cE4e4 #AI #AInews #AItips