202108 Jan
Belgian RegTech B.Fine secures €1 million in first investment round
Type
Funding Rounds
Funding
202108 Jan
$1.22MSeed
Source
Ibsintelligence
Summary

Says Akkermans, who will be joining the company’s board said, “Financial institutions are continuously struggling to submit their reports on time and with the right level of data quality. The company stated that the b.rx platform fully digitises and automates a reporting team’s journey, giving firms control and oversight on their different regulatory reporting streams. At the same time, regulators also extended their focus from reports towards the underlying data and associated processes. However, none of the current solutions really captured these changing needs from reporting teams and regulators. With our platform b.rx, we are bringing the required innovation to this market and are leading financial institutions to the next era of regulatory reporting.”

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