Kore, a RegTech software-as-a-service (SaaS) platform, has secured just under £2.4 million in funding from Wealth Club members via the Enterprise Investment Scheme (EIS).
The funding round was heavily oversubscribed, highlighting significant investor interest, the firm said.
It noted the UK financial services sector is undergoing major regulatory reforms, notably the FCA’s Consumer Duty, which necessitates comprehensive audit trails for all financial products. An esti...