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London-Based Regtech Scaleup Eflow Global Secures £7M For Market Expansion

Jul 26, 2023over 2 years ago

Amount Raised

£7 Million

LondonSoftware

Investors

Scale Up Group PartnersAtempoFinch Capital

Description

London-based regtech scaleup eflow Global has successfully raised £7 million in a Series A funding round that is expected to play a pivotal role in propelling the company's growth, with a strong focus on expanding its market presence in North America and the Asia-Pacific region.

Company Information

Company

eflow Global

Location

London, England, United Kingdom

About

eflow is a leading provider of workflow and regulatory software within the financial markets. Established in 2004, the company has developed, sold and supported an existing Technology platform that has proven market pedigree. This pedigree allows eflow to work with clients in the top Tiers of the Financial industry. eflow Ltd currently has offices in London, Bristol. It’s current core business is made up of the following: Trade Surveillance Providing a high-quality compliance monitoring and regulatory reporting managed hosted or in-house services to a range of financial markets firms that are subject to global regulators. Workflow solutions Providing bespoke high-quality workflow framework in the space between front and back office applications, replacing previously high risk manual processing Joint Ventures/ Partnerships Providing the eflow technology platform licensing and support for the use by external services organisations or consultancies requiring a more intelligent form of workflow and decision automation for their end users.

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Funding Insights

Based on industry data
VC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers