TAINA Technology is thrilled to have successfully raised another round of funding with the participation from existing investors HSBC Asset Management, Deutsche Bank CVC, SIX FinTech Ventures and Anthemis.
In Q1 of 2023, TAINA is looking forward to welcoming other Top Tier Global Financial Institutions as investors and clients, details will be disclosed in due course.
Maria Scott, TAINA CEO and Founder said "With this new injection of very supportive capital, TAINA is looking forward to achieving a number of objectives on its mission to grow as the Best-in-Class Platform for the industry, for an expanding range of Regulations, Geographies and Market Segments”
Financial Institutions Invest in FinTech Funding Rounds
Financial institutions are under growing cost pressure, and customers are now increasingly judicious about their customer experience with financial institutions platforms. For these reasons we are seeing increasing RegTech adoption across the financial industry, with purchases of best-in-class RegTech solutions by some of the largest and most sophisticated financial firms.
In our latest series a funding rounds we are seeing that financial institutions want to invest in RegTech providers as more than just vendors. They are looking for true partners that understand and address their financial and strategic objective, and they select partners with whom there is a clear strategic synergy.
As a result of our last funding round TAINA has scaled in 2022. TAINA’s market leading FATCA and CRS Validation Platform has scaled to include new value add market leading capabilities. TAINA has also continued to add the world’s most sophisticated and largest financial institutions, funds, and fund administrators as clients achieving Its highest growth in customer count year-on-year in 2022. In 2022 TAINA has also been honoured to continue receiving many major global industry endorsements and awards.
In 2023 we plan to scale and grow even further by delivering even more cutting-edge solutions that add value to our clients. We will also continue to grow and build our priority jurisdictions and explore new markets that are coming into scope of the expanding regulations.