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Fenergo raises $80m at an $800m valuation for compliance and regtech

Dublin based regulatory compliance software for financial services raised $80m in funding at a post-money valuation of $800m led by ABN AMRO and DXC Tech. 

“ABN AMRO and DXC Technology’s investment and partnership with Fenergo is testament to the credibility of both firms. They will be joining the ranks of BNP Paribas, Insight Venture Partners and our other equity holders,” said Spencer Lake, vice chairman of Fenergo, in a statement. “We look forward to further accelerating digital transformation, enabling better client experiences and delivering even greater value to our shared customers going forward.”

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regtech