SIX FinTech Ventures is the corporate venture capital arm of financial infrastructure provider SIX.
Portfolio
2
companies
TAINA Technology
TAINA Technology builds automated regulatory compliance software for financial institutions.
Toqio
Toqio builds a financial software platform enabling businesses to launch custom financial products.
The investment includes participation from HSBC Asset Management, Deutsche Bank CVC, SIX FinTech Ventures, and Anthemis.
"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"
The Series A round was led by AlbionVC and will support expansion into France and Germany.
"After rapidly growing our team and entering the Spanish market, we’ll now be broadening our focus within Europe, including expansion into France and Germany. This new funding round will enable us to keep evolving and delivering on our vision: we aim to become the world’s premier fintech SaaS platform, giving our clients the ability to create, customise, and launch bank-grade digital finance solutions, enriched by our Marketplace of reputable and trusted partners."
The seed round was backed by Seaya Ventures, Speedinvest and SIX FinTech Ventures to support international expansion and team growth.
"After exiting the last business we kept getting pulled towards FinTech. With our backgrounds in SaaS and operating in the FinTech space, many opportunities came to us from banks, startups and big brands. We kept seeing the same problem, and no solution in the market. Regulation has changed and Banking-as-a-Service provided the plumbing for new solutions, but everyone was still building solutions from scratch. It felt like the same situation that has occurred again and again in the software industry before a new sector emerged, and we had an opportunity to be a first-mover to deliver a meaningful solution, with FinTech SaaS."
