INVESTS IN ANTI-MONEY LAUNDERING SOFTWARE REGULATORY LAB
Summary
Amsterdam, 24 November 2020 Regulatory Lab, an online platform for lawyers, tax advisers, and civil-law notaries, received an investment of 600,000 from Arches Capital. With its highly secure and customer-friendly platform, Regulatory Lab has quickly become the market leader in the Netherlands with clients ranging from enterprise to medium-sized and boutique law, notary, and tax consultancy firms.We see a great potential of this software for this specific target group and at the same time, we see how this software can contribute to making the world a little better. The team is very eager to learn and the collaboration has already paid off.About Regulatory LabRegulatory Lab was founded in 2017 to simplify the process of client onboarding and comply with legislation to prevent money laundering and terrorism financing, making it more efficient and customer-friendly for supervised institutions such as lawyers, notaries, and tax advisory firms. The application replaces the manual process of UBO forms, monitors all parties involved for sanctions and other relevant lists, and provides a full audit trail for when the regulator comes along.For more information see www.regulatorylab.com.About Arches CapitalArches Capital is a fast-growing group of business angels that invests in startup and scale-up companies with a large growth potential. For this Arches Capital is building the leading platform of actively engaged business angels that know how to operate and manage their investments in a professional and standardized manner.For more information, visit www.arches.capital.