9 years ago
Behavox Raises Series A Funding to Expand Regtech Compliance Platform
Behavox, a London-based regtech compliance startup, has raised a Series A funding round of an undisclosed amount
The funding will be used to expand into the US and continue scaling the development and deployment teams
Behavox provides compliance surveillance software that helps institutions detect breaches and misconduct, such as insider trading, rogue trading, and bribery
The company has offices in London and St Petersburg.
ProblemFinancial Services
"Financial institutions struggle to manually monitor their employees for potentially illegal or unethical behavior, leading to costly fines and reputational damage."
Solution
"Behavox provides a software platform that automatically analyzes employee communications and activities to detect potential misconduct like insider trading, rogue trading, and bribery, allowing financial institutions to take preventative action."