UK based provider of regtech services to map and monitor risks raised $5.5m in Series A funding led by IQ Capital.
“FNA set out to make the global financial system safer and more efficient through better, data driven, understanding of the interconnectedness of market participants. This investment is a testament to the work we’ve done with our central banking, regulatory and FMI clients,” said Dr Kimmo Soramäki, Founder and CEO, FNA. “This investment comes at a critical time for FNA as the market searches for new solutions to counter new threats to the financial system.”
https://www.finextra.com/pressarticle/79390/uk-ai-regtech-fna-announces-55m-series-a-funding