Editor's Choice Regtech Trending

RegTech deals surge to record levels in the first quarter of 2017

THE NUMBER OF INVESTMENTS MADE IN REGTECH Ā COMPANIES MORE THAN DOUBLED IN THE FIRST QUARTER OF 2017, ACCORDING TO RESEARCH FROM FINTECH GLOBAl

RegTech companies raised a combined total of $238m across 34 deals, a record number of transactions, in the opening quarter of 2017. Total funds raised by the sector grew 102% Q1-on-Q1 although the total remained below the peak reached in Q3 2016 when $314m was committed to RegTech companies. The largest deal involved Netwrix, an Irvine-based compliance startup, which raised a $51m Series A round from Updata Partners in February of this year.

An analysis of deals by subsector shows that compliance-focused investments staged a comeback in the first quarter of the year raking in 59% of RegTech investments, outstripping funding to anti-fraud companies which took in the largest share last year. The share of investments taken by companies in the ā€˜reportingā€™ subsector saw an uptick in Q1, rising to 12% from only 4% of total RegTech funding in 2016.

London maintained its dominance in Q1, closing nine deals, the largest of which was the $12.5m Series B Round raised by Dealflo, a financial agreement automation service.

Unsurprisingly, the increase in investments in RegTech is accompanied by excitement about the subsectorā€™s future prospects. It would be no surprise to most investors if 2017 turns out to be a record year.

The data for this research was taken from the FinTech Global database. More in-depth data and analytics on investmentsĀ and companies in RegTech and other FinTech sectors are availableĀ to subscribers of FinTech Global. Ā©2017 FinTech Global

Author

Related posts

LHV UK Remains One Step Ahead of Fraudsters With CoP Implementation

Tyler Pathe

Five Female-Led UK Fintechs To Watch Out For Post-Covid 19

Gina Clarke

UK Fintech Curve Launches U.S office

Manisha Patel