eflow Global rides RegTech wave with £7m Series A financing


eflow Global, a UK-based RegTech scaleup, has successfully secured a hefty £7m in a Series A funding round.

As a renowned figure in the global RegTech landscape, the firm brings to the table a suite of acclaimed software solutions specifically designed to streamline compliance for financial firms.

The £7m capital injection was led by Finch Capital, with considerable backing from Atempo and ScaleUp Group partners. The significant influx of funding earmarked for eflow Global signifies the investor consortium’s confidence in the firm’s ambitious growth trajectory.

Established in 2004, eflow Global’s raison d’être is to empower financial firms with comprehensive software solutions that simplify regulatory compliance. The firm’s award-winning services range from market abuse surveillance and transaction-cost analysis to transaction reporting and eComms surveillance. Its reputation as a world-leading RegTech provider is well earned, with over 100 global financial institutions including Aegon Asset Management and Plus500 benefiting from its innovative solutions.

The freshly secured funding is targeted towards accelerating eflow Global’s growth, with a particular focus on expanding its influence in North America and Asia-Pacific. As part of its aggressive growth strategy, the company is committed to launching an array of new products and enhanced solutions in the next two years.

Other notable milestones in eflow’s history include its shift to a completely cloud-based SaaS model in 2021 and a successful management buyout (MBO) led by the executive team in 2022. These pivotal moments have catalysed the company’s current expansion phase.

Ben Parker, CEO and founder of eflow Global, noted that, “Increasing scrutiny from global regulators has made it imperative for investment firms to automate costly and time-consuming regulatory obligations. With a recent move to a 100% cloud model, we felt the time was right for us to take additional investment to accelerate growth and product development plans.”

Echoing this sentiment, Aman Ghei, partner at Finch Capital, expressed his excitement about the partnership, stating, “We are very excited to be partnering with Ben and the team at eflow. There aren’t many profitable and high growth businesses in regulation technology and that is a testament to how well the team has done to deliver best in class SaaS solutions to marquee customers. With our investment, the team will further be able to invest in technology and product development to enable their customers to stay on top of the ever-changing regulatory environment.”

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