Apiax raises Series A funding to fuel RegTech mission

Nicolas Blanchard

Up, up and away! Our RegTech journey is seeing new heights as Apiax completes the Series A funding. The round, co-led by e.ventures and XAnge, will support Apiax’ continued growth plans as we set out to embark on new markets and scopes of regulation.

This is a huge step for everyone at Apiax and our journey to radically simplify regulations for everyone. We are proud to embark on this journey with our startup.

Apiax was founded to transpose written regulations into binary, machine-readable compliance rules, enabling new digital solutions and products to be “compliant by design”.

Our solution is already used by major financial institutions, yet we are just getting started. Now, we are ready to serve even more companies across industries and regions.

Building on a successful year of client acquisition and product partnerships, the funding was initiated through a strong market momentum for Apiax.

With e.ventures and XAnge, we have found the perfect partners to boost our global expansion plans. One of our next steps is to take our RegTech startup to Singapore!

Strategic partnerships have further contributed to Apiax’s strong market position, including leading global intelligence and technology providers within our space.

Joining brands such as Sonos, Segment and NGINX (e.ventures) and Ledger, Fidor Bank, and Odoo (XAnge), we are proud to become part of a network of strong brands, whose successful startup journeys were powered by the same lead investors.

The raised fundings will fuel our mission: To allow businesses to focus on growth — despite regulatory headwinds.

Funding rounds are always a huge team effort. None of this would be possible without an incredibly talented team as well as a dedicated board and shareholders. We are very humbled and honoured to continue our journey with such talented people.

SOURCE: https://blog.apiax.com/

Image: Team Apiax © Apiax

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