Sunday, May 18, 2025
14.1 C
Los Angeles

Dubai Billionaire Jailed, Deported for $27M Fraud

Balvinder Singh Sahni, widely known as "Abu...

U.S. Treasury Uncovers Major Oil Smuggling Operation Tied to Mexican Cartels

The U.S. Department of the Treasury's Financial...

George Santos Sentenced to Over Seven Years in Prison for Fraud, Identity Theft, and Public Corruption

Former U.S. Congressman George Anthony Devolder Santos...

RegTech Platform Kore Secures £2.4 Million Funding for Regulatory Compliance Expansion

Recent Regulations & NewsRegTech Platform Kore Secures £2.4 Million Funding for Regulatory Compliance Expansion

RegTech platform Kore has successfully raised nearly £2.4 million through an oversubscribed funding round led by angel network Wealth Club under the Enterprise Investment Scheme (EIS). Kore’s software-as-a-service (SaaS) platform aids large financial institutions in expediting regulatory compliance. The platform creates a digital audit trail across all products and functions, offering regulatory oversight for senior managers, cross-product management tools for specialists, and an intuitive product hub for frontline users.

Since its inception in 2019, Kore has achieved consistent revenue growth, doubling year-on-year. The company foresees further expansion with the introduction of new Consumer Duty rules in the UK, which necessitate firms to demonstrate positive customer outcomes from their sales and marketing activities.

Kore’s leadership team boasts extensive experience in the financial sector. CEO Sabrina Del Prete previously held roles at Coutts Digital and Williams&Glyn, while Chairman Phil Smith was a global managing director at Barclays Wealth Management and founder of the Embark Group, which Lloyds acquired for £390 million last year.

By FCCT Editorial Team freeslots dinogame telegram营销

Disclaimer: The views expressed in this article are independent views solely of the author(s) expressed in their private capacity.

Check out our other content

Ad


Check out other tags:

Most Popular Articles