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Philip Hammond is putting his foot stronly into Fintech. If I am not mistaking, he's advisor and minority shareholder in Algbra app (eco friendly payments newcommer) as well not only Copper and OakNorth

Their first raise (700K chf) was almost 2 years ago. What are they raising now for if they're still yet to launch?

Automated compliance systems realy isn't something new. I think most of the top fintechs utilise these automated compliance systems, and they actually serve as the reason why many onboardings and customers transactions are frozen until picked up by human (probably, too less allocated resources in the result of automation). 
Will be interesting to see how they are going to be different once they roll out and start trading