Signzy has secured $3m in new funding

India-based Signzy has added another $3m to its coffers just months after the startup raised $5.4m in a previous round.

The tech venture the closed the previous round in October this year.

Vertex Ventures led the round, which also saw participation from existing investors Kalaari Capital and Stellaris Venture Partners, according to Inc42.

The money will reportedly be used to keep developing Signzy’s artificial intelligence-powered platform and to scale its global sales team.

The RegTech startup uses the platform to help banks and other regulated businesses digitally onboard new clients, ensuring compliance.

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