TAINA Technology raises new funding from HSBC Asset Management and Deutsche Bank CVC to expand regulatory solutions
The investment includes participation from HSBC Asset Management, Deutsche Bank CVC, SIX FinTech Ventures, and Anthemis.
TAINA Technology provides automated regulatory compliance and tax documentation platforms for major financial institutions. The firm specialises in streamlining complex tax reporting processes such as FATCA and CRS.
Regulatory technology provider TAINA Technology has secured a new round of funding with participation from HSBC Asset Management, Deutsche Bank CVC, SIX FinTech Ventures, and Anthemis. The capital will support the company as it expands its international footprint and continues to develop compliance solutions for financial institutions.
Over the past year, TAINA has grown its customer base significantly and received multiple industry awards for its compliance software. The latest investment follows a period of strong commercial growth and allows the company to pursue further expansion across key international markets.
From the founder
"With this new injection of very supportive capital,TAINA is looking forward to achieving a number of objectives on its mission to grow as the Bestin-Class Platform for the industry, for an expanding range of Regulations, Geographies and Market Segments"
Maria Scott
CEO and Founder at TAINA Technology
Investor perspective
"We are delighted to participate in TAINA’s latest funding round as follow-on investment and continued commitment to support the company in strengthening regulatory client lifecycle management in the industry. Investing in selected FinTech solutions enables Deutsche Bank for example to improve the client experience and increase productivity by further digitalizing our front-to-bank processes"
Joerg Landsch
Head of Central Corporate Venture Capital, Deutsche Bank CVC
Use of funds
- 01Expand into international markets
Investors
Kara Byun
HSBC Asset Management
Joerg Landsch
Deutsche Bank CVC
Yin Yan
SIX FinTech Ventures
Marin Cauvas
Anthemis
Categories
About the company
TAINA Technology
TAINA Technology builds automated regulatory compliance software for financial institutions.