15 'RegTech' Investors Every Fintech Startup Needs to Know
Entrepreneur by Serenity Gibbons
In a parallel to the thriving fintech sector, an industry is emerging to automate complex regulatory reporting requirements.
According to statistics from CB Insights, RegTech startups have raised approximately $2.3 billion across 317 deals between 2012 and 2016. As an area that continues to grow, propelled by interest in and demand for FinTech solutions, more investors are turning their attention to regtech startups, including those in cannabis, vendor risk management, information security/cybersecurity, healthcare, background checks, compliance management and government/legislation.
Here are 15 investors who are focused on helping build out the RegTech industry:
SeventySix Capital
This U.S. venture capital company invests in numerous business segments, including its foray into RegTech thanks to Managing Partner Wayne Kimmel's decision to put money into KIND Financial, a regulatory and compliance platform for the cannabis industry and for the government to monitor those businesses. Along with Lindy Snider, the investment firm determined that the high growth potential in the cannabis industry and the need to help propel that growth with compliance solutions would offer a significant return.
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