Finomial

Finomial provides compliance-driven, investor-first, client lifecycle management.

General Information
Company Name
Finomial
Founded Year
2010
Location (Offices)
Boston, United States +1
Founders / Decision Makers
Number of Employees
7
Industries
Analytics, Financial Services, Fintech
Funding Stage
Series Unknown
Social Media

Finomial - Company Profile

Finomial is a fast-growing fintech reg-tech company that prioritizes compliance-driven, investor-first, client lifecycle management. With its anchor customers including US Bancorp, the company has garnered significant attention in the industry. Aiming to streamline investor services, Finomial boasts over $770 billion in assets on its platform, with more than 600 funds using its services. The company's specialization lies in automating investor on-boarding, ensuring comprehensive due diligence, automating global regulatory reporting, and enhancing investor servicing. Moreover, Finomial integrates investor compliance into every interaction, providing financial services firms with a robust compliance technology that reduces risk and delivers an enhanced investor experience. The company was founded in 2010 and operates in the United States. Its latest funding round amounted to $7.04M in a Venture Round investment on 07 February 2018. Notably, the funding was secured from SixThirty and Silver 8, further underlining the company's appeal to potential investors. With a solid focus on the intersection of analytics, financial services, and Fintech, Finomial is poised to make a significant impact in the industry, offering innovative solutions while attracting notable investments.

Taxonomy: Regtech, Compliance management, Investor services, Automated on-boarding, Due diligence, Regulatory reporting, Investor analytics, Hedge fund administration, AML, KYC, FATCA compliance, Alternative investment technology, Common Reporting Standard, Regulatory technology

Funding Rounds & Investors of Finomial (4)

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Funding Stage Amount No. Investors Investors Date
Venture Round $7.04M 2 07 Feb 2018
Venture Round $1.78M - 17 Mar 2016
Venture Round $1.08M - 13 Jan 2015
Venture Round $2.32M - 05 Jan 2012

Latest News of Finomial

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No recent news or press coverage available for Finomial.

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