RegTech startup Zango AI raises $4.8 million from Nexus Venture Partners, others

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Regulatory tech startup Zango AI has raised $4.8 million in a funding round led by Nexus Venture Partners.

The round also saw early backer South Park Commons participate, along with angel investors such as Richard Davies, CEO of Allica Bank, and Alan Morgan, senior partner, financial services, at McKinsey, among others.

The fresh capital will be used to scale up the company’s teams in Bengaluru and London, and to build out other product modules for AI-native governance risk and compliance solutions, the company said.

Zango is also expanding its…



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RegTech startup Zango AI raises $4.8 million from Nexus Venture Partners, others



Regulatory tech startup Zango AI has raised $4.8 million in a funding round led by Nexus Venture Partners.

The round also saw early backer South Park Commons participate, along with angel investors such as Richard Davies, CEO of Allica Bank, and Alan Morgan, senior partner, financial services, at McKinsey, among others.

The fresh capital will be used to scale up the company’s teams in Bengaluru and London, and to build out other product modules for AI-native governance risk and compliance solutions, the company said.

Zango is also expanding its…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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