In the context of the continuous tightening of regulatory policies and the integration of finance and technology, RegTank is rooted in compliance technology, aims to reduce the compliance cost of digital currency companies, and is committed to promoting the compliance transformation of the digital currency industry, while providing one stop In order to meet the customized needs of customers, we can respond to compliance security and risk management challenges in the most efficient way.
Recently, RegTank received 2 million SGD (approximately RMB 10 million) investment led by Super Chain Capital and IPB Capital in its seed round of financing, and its current valuation has reached SGD 5 million (approximately RMB 25 million). The optimism of all parties not only reflects the great value of RegTank, but also helps RegTank enter a new stage of development.
Industry development potential helps RegTank value burst
Since the subprime mortgage crisis in 2008, all countries have strengthened their supervision of the financial industry, and the cost of financial supervision has increased significantly. As one of the central departments of financial regulatory technology (RegTech), CompTech has become a key point of financial regulatory technological innovation. According to the survey, global compliance costs are expected to increase to US$280 billion in the next five years. Regulatory technology can help financial institutions integrate data sets within companies and unify operating methods, thereby greatly reducing the time and economic costs required to complete compliance work. RegTank, as a revolutionary application in the compliance technology industry, is committed to providing normalized and targeted solutions with more efficient compliance and more effective supervision as the value orientation in the context of closer integration of finance and technology. . As the potential of the compliant technology industry continues to manifest, the value of RegTank is bound to explode.
High-end business axis creates revolutionary industry applications
In order to meet the regulatory needs and reduce the compliance costs of clients’ enterprises, RegTank is deeply engaged in compliance review, identity verification, transaction monitoring, risk management, and compliance reporting to provide customers with one-stop compliance solutions that best meet regulatory needs. RegTank relies on rich risk management experience, professional technology, and groundbreaking Protego compliance solutions to empower the compliance process to facilitate the compliance transformation of the digital currency industry. Provide solutions that are driven by data, rely on blockchain, cloud computing, artificial intelligence and other technologies, improve compliance and regulatory efficiency as the value orientation, and feature solutions that are standardized, digital, and intelligent. RegTank will rely on its own advantages to deeply meet industry needs, create industry supply, and create a new ecosystem of compliance industry centered on customer needs.
Bright performance attracts strong attention from all parties
Since its release, RegTank has attracted strong attention from all parties with its revolutionary product system and perfect mechanism design. This time, RegTank’s latest seed round has received financing worth 2 million SGD (approximately RMB 10 million), and the investment will be used for RegTank’s product chain planning. The injection of new funds can help RegTank further enrich the high-end technical talent team, further improve the accuracy, immediacy and pertinence of the business, help the further expansion of the market, and help the construction of a global compliant technology ecosystem. RegTank has a foresight and efficient plan. In the future, RegTank will continue to leverage its technological advantages, build a more complete information network framework, deeply respond to user needs, and create a “new landmark” in Internet finance.
