Luxembourg’s 2016 FinTech of the year becomes a European favorite
Luxembourg, 12 July 2019.
Leading Luxembourg RegTech Governance.com has announced 5 major client wins from tier one banks, US and European Asset Managers in the last months as it is recognized as one of the 50 hottest FinTechs in Europe.
On 20 June, Governance.com was chosen from over 1800 companies across Europe for The FinTech50, a prestigious annual list of FinTechs to watch, selected by a global panel of industry leaders. The recognition is significant for Governance.com, named Luxembourg’s FinTech of the Year in 2016, as it prepares to raise funding to expand into the US, UK and Asia.
Governance.com’s CEO commented: “We are ecstatic to have been selected for The FinTech50. It’s a huge endorsement for our efforts to help financial institutions simplify their regulatory oversight. The inclusion of multiple RegTech companies in this leading list reflects the growing interest of the industry that we have witnessed in the last year. We welcomed 10 new clients in the past 6 months alone, including two Tier-1 banks and leading US and European Asset managers. And the interest continues to accelerate.”
Initially known as Governance.io, the company rebranded to Governance.com to reflect its global ambition and the fact that it combines technology and services to address governance challenges.
CTO and co-founder Rob Boerman explained: “We started building the platform in 2014, well before RegTech became the well-known category it is today. Our early start taught us exactly what our clients require to regain control. We built a completely flexible platform that we can deploy instantly on any infrastructure for any size client in any industry. To help our clients even further we also built a network of experts around us that can help ensure that our clients’ processes are well designed and managed. The new brand underlines this end-to-end focus.”
Governance.com is the platform that helps regulated companies with data, document and process management. The solution gives a transparent view on complex data structures and ensures that controls and decisions are taken appropriately. The company in the process of raising a Series A funding and plans to use the new funding to open offices in the UK, US and Asia.
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