REG Technologies, a London-based compliance and regulatory risk software provider serving the insurance and financial services sector, has received growth debt financing from CIBC Innovation Banking.
The funding follows a recent majority investment in the company by Accel-KKR and will be used to accelerate product innovation, enhance commercial capabilities, and support international expansion efforts.
Founded in 2013, REG Technologies provides a platform that enables organizations to identify and verify counterparties, streamline onboarding and due diligence workflows, and maintain ongoing compliance monitoring. Its solutions are designed to help brokers, managing general agents, carriers, and financial services networks meet regulatory requirements while reducing operational and counterparty risk.
The latest financing underscores continued investor confidence in regulatory technology platforms as insurers and financial institutions face increasing compliance complexity and operational scrutiny.
KEY QUOTES:
“This funding from CIBC Innovation Banking reflects the momentum we are building as a company. Their support enables us to accelerate innovation, deepen our capabilities for customers, and expand into new and adjacent markets while maintaining the disciplined growth strategy that underpins our long-term vision.”
Stephen Line, CEO, REG Technologies
“REG Technologies is at the forefront of regulatory technology, providing essential tools that help insurance and financial services companies manage increasing complexity and risk. We are excited to support REG Technologies as they advance their product roadmap and pursue expansion plans.”
Tom Dods, Executive Director, CIBC Innovation Banking