TAINA Technology closes funding round to fuel further growth

Emma West from Taina Technology
22 Jun 2020

Anthemis, Six FinTech Ventures, Tribeca ESP and Reciprocal Ventures participate alongside TAINA’s existing investors

London, UK and NYC, United States. TAINA a market leading, computer science led provider of flexible and efficient FATCA, CRS and Chapter 3 solutions for banks, online trading platforms and fund administrators has announced today the closing of its most substantial funding round yet, welcoming Anthemis, Tribeca ESP, Reciprocal Ventures and SIX Ventures to the TAINA Family.

This funding round brings together some of the world’s most sophisticated investors in financial technology which will help TAINA grow its global footprint as a gold standard FATCA, CRS and Chapter 3 Platform.

TAINA is on a mission to revolutionise regulatory compliance and turn robust compliance into a competitive advantage for financial institutions, including some of the world’s largest banks, online trading platforms and fund administrators. TAINA’s fully automated FATCA, CRS and Chapter 3 Platform saves financial institutions costs, reduces risks and dramatically improves their customers’ experience, enabling instant onboarding from any device.

Maria Scott, TAINA’s CEO said

“Our world as we know it has changed forever. We continuously hear from senior leaders of financial institutions that automation, instant global connectivity of teams, strengthened resilience of processes and the ability to onboard customers seamlessly online have all become essential must-haves.

We will deploy this fresh injection of smart funding to create even more value for our existing clients and reach even more customers in our growing target markets across North America and Europe.

About Anthemis

Anthemis cultivates change in financial services by investing in, growing and sustaining businesses committed to improving the world. We are founded on three guiding principles — authentic collaboration, virtuous cycle outcomes, and diversity and inclusivity — and our deep understanding of markets and models, passion for emerging technology and values inspire everything we do. By creating fertile ground for a diverse group of startups, investors, entrepreneurs, institutions, academics and visionaries to converge, we believe we can solve the financial services world’s most pressing challenges faster, better and for the benefit of all.

About Tribeca ESP

Tribeca Early Stage Partners is a New York-based venture network of entrepreneurs and business leaders with deep domain expertise in institutional finance and enterprise technology. Tribeca ESP has experience and perspective in virtually every facet of institutional finance. Once invested, they actively apply their expertise, networks and contacts to help early stage companies scale quickly.

About Reciprocal Ventures Reciprocal Ventures is a New York City-based early-stage venture capital firm focused exclusively on FinTech. Our mission is to partner with visionary entrepreneurs obsessed with unlocking innovation and driving transformative change in the financial services industry. As former operators, executives, and investors in financial services, we leverage our deep domain expertise and extensive network to provide a hands-on approach to working with entrepreneurs to foster long-term success.

About SIX FinTech Ventures

SIX FinTech Ventures is the corporate venture capital arm of SIX, the leading financial infrastructure provider in Switzerland. Since 2018, we have backed ambitious entrepreneurs who shape the future of our industry through emerging technologies and disruptive business models. We invest in the early stage, are committed for the long term and seek to actively partner with our portfolio companies in their growth journey.

For more information, please contact:
Emma West
Taina Technology

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