Taina Technology, a UK-based regtech startup, announced on Monday it secured funding from Anthemis, Six FinTech Ventures, Tribeca ESP and Reciprocal Ventures through its latest investment round. Founded in 2016, Taina is on a mission to help financial institutions comply with their regulatory requirements whilst saving costs, eliminating operational risk, providing a full audit trail, and enhancing customers’ journeys.
“TAINA builds full service online onboarding platforms covering KYC, AML, MIFID, GDPR, FATCA and CRS to provide fantastic customer experience whilst fitting the existing processes of the financial institution.”
Speaking about the company’s development and investment round, Maria Scott, Taina’s CEO, stated:
“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.”
Other information on the investment round, including the amount Taina received, has not been disclosed at this time.