eflow Global Raises £7m in Series A Funding
eflow Global is a RegTech company based in London, UK, that recently announced it raised £7m in Series A funding. The funding round was led by Finch Capital, a venture capital firm, with participation from Atempo and ScaleUp Group. This significant investment will be used by eflow Global to fuel its growth and expand its presence in key markets such as North America and Asia-Pacific.
Founded in 2004, eflow Global is dedicated to providing financial firms with innovative software solutions that assist them in meeting their regulatory requirements.
The company's CEO, Ben Parker, leads a team of experts that have developed a range of comprehensive solutions. These include market abuse surveillance, transaction-cost analysis, transaction reporting, and eComms surveillance. The company's software is currently used by more than 100 financial institutions worldwide, including well-known names like Aegon Asset Management and Plus500.
With the additional funding, eflow Global aims to further enhance its software offerings and solidify its position in the global market. The company recognizes the importance of continuously adapting to evolving regulatory landscapes to ensure its clients remain compliant. By expanding its foothold in North America and Asia-Pacific, eflow Global will be able to better serve its existing clients and attract new ones in these crucial regions. The successful funding round is a testament to the company's strong leadership and the value it brings to financial institutions.
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