£535K
The London based RegTech startup raised capital from a group of finance veterans and Innovate UK to expand its paperless document distribution technology.
"At ALT/AVE, we have all worked in financial services and we saw first-hand how much paper is wasted in banking. How banks communicate with customers is closely regulated – for good reason – however, institutions are so fearful of non-compliance that modern technology is wildly underutilised. Ultimately, this means the sector continues to waste paper, and have a negative impact on our planet."
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ALT/AVE—London, UKInnovate UK + 7 others
