RegTech deal activity shifts away from US1 min read

In recent years there has been a shift in the centre of gravity of global RegTech deal activity from North America towards Europe. And there are signs of growing activity elsewhere, with South America showing recent stirrings.

Although North America remains the dominant region, with 516 transactions completed since 2014, its share of total deals has dropped from 75.3% in 2013 to just over half of all deals in 2018. Over the same period Europe has more than doubled its share of deals from 15.7% to 34.1%. Other regions, notably Asia, have increased their share significantly from 9% in 2013 to 34.8% in 2018.

Prior to 2016, the ‘Other’ category embraced just three regions: Israel, Australasia and Asia. Since then South America has entered the race, with three transactions completed each year after 2016. New initiatives from regulatory authorities in the Middle East and the rise of RegTech deals in Australia and Brazil have driven deal activity in other parts of the world. Idwall, an Onboarding Verification solution provider based in Sao Paulo, raised a $3m Series A round in Q1 2018. Funding came from Monashees, a Brazilian venture capital firm. Idwall is planning on tripling its headcount to 120 by the end of 2018.

Find out more via the link.