Oversubscribed round from the Wealth Club, an investment service for high-net-worth individuals
IN BRIEF:
The London-based platform works with financial institutions to optimise regulatory compliance processes
Kore Labs has partnered with large banking groups in Europe including NatWest
The company will look to expand its geographical reach off the back of its new funding round
What does this mean?
“Having worked in financial services for more than 30 years I am only too familiar with the challenges new regulation brings,” said Sabrina Del Prete, CEO of Kore. “Providing a full audit trail for the entire lifecycle of every financial product a company offers is a very complex task, which legacy technology systems cannot easily cope with. The Kore platform solves this issue. It is quick to implement with a light-touch integration, helping our customers stay compliant while significantly streamlining operations and reducing costs.”
