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Apiax

w: apiax.com

t: @ApiaxCom

Founders: Nicolas Blanchard, Philip Schoch, Ralf Huber, Thomas Suter

Founded: 2017

Keywords: RegTech, Compliance,

Last funding: $1.5M seed - Sept 2017

Lead investor: Peter Kurer, SICTIC, DIVentures, and ZKBTotal funding: $1.5M Seed, Sept 2017

Keywords: Regtech, Compliance, Machine Learning

Who is it for: Financial Institutions

HQ: Zurich, Switzerland

“Transforming complex financial regulations into machine-readable rules”

The uncertainties surrounding Brexit are increasing the need for efficient compliance solutions and Apiax believes that it is well equipped to meet these challenges, as its solution enables financial institutions to map existing regulatory requirements and quickly adjust changing licensing regimes for different legal entities.

In March 2019, Apiax opened in London and hired former Financial Conduct Authority (FCA) expert on RegTech, Alan Blanchard. In May, the RegTech joined the third cohort of Allen & Overy’s fuse accelerator to kickstart its business activities in the UK.

Apiax was named early stage startup of the year at the Swiss FinTech Awards 2019.

Former UBS Chairman Peter Kurer acts as an investor and advisor to the firm.