Bermudian-based Trunomi, led by founder and CEO Stuart Lacey, has created technology that can simplify the process of sharing personal data, in particular between individuals and financial institutions. The round was co-led by Saturn Partners and Fintonia
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Trunomi raises $3m in funding round
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Mr Lacey said: “Consumers globally are becoming increasingly aware of the value of their own data. They are also living through a period of intense digitisation in financial services. “Together with our investors, we recognise that the pressure is truly on financial services providers, not only to meet these market pressures but to operate in full compliance with a raft of new, global data privacy regulations. We’re excited to welcome Adrian onto our board and continue the great work that the existing team has already started to fundamentally change the way that people manage and share their personal data.” Mr Chng said of Fintonia’s investment: “Trunomi’s solution helps improve access to financial services for individuals and businesses around the world.
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