Source: Fintech Global
Global Screening Services (GSS), a forefront runner in the RegTech industry, has successfully completed its Series A2 funding round, securing over $47m (£37m) from group of investors, including the Commonwealth Bank of Australia (CBA), alongside former supporters such as AlixPartners, The Cynosure Group, and MUFG.
GSS stands at the cutting edge of RegTech, pioneering a cloud-native platform that aims to redefine the global standards of regulatory compliance. Born out of an incubation by AlixPartners, GSS leverages innovative technology to enhance compliance processes within financial institutions.
Tom Scampion, CEO and co-founder of GSS, shared his enthusiasm for the journey ahead, “GSS is uniquely positioned to deliver improved regulatory compliance and an enhanced customer experience. We’re delighted to have closed this funding round and to be working with such incredible partners to take GSS to market.”
Read full article: https://fintech.global/2024/03/26/regtech-pioneer-gss-secures-47m-in-transformative-series-a2-funding/
