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.
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