docStribute Secures £820k in Pre-Series A Funding

docStribute, a London-based RegTech company, has secured £820,000 in pre-Series A funding from financial service angels. The company will use the funds to enhance customer integration, accelerate business growth, and expand its development and marketing capabilities. docStribute's technology ensures compliant customer communications for financial institutions by leveraging Distributed Ledger Technology (DLT) and immutable hyperlinks. They have now raised over £1.7 million to date.

docStribute Secures £820,000 in Pre-Series A Funding to Expand RegTech Solutions

docStribute is a UK-based RegTech company that leverages Distributed Ledger Technology (DLT) to ensure financial institutions send mandatory or regulated customer communications meeting the requirements set by the FCA guidelines. Their proprietary technology utilizes “immutable-hyperlinks” to ensure document integrity in line with the Financial Conduct Authority’s (FCA) Durable Medium rule. These secure links can be shared through various channels, such as email, instant messaging, or SMS, aligning with strict communication guidelines. This not only safeguards information but also enhances engagement, complying with the FCA’s Consumer Duty regulation introduced in 2023.

docStribute is a UK-based RegTech company that uses DLT to ensure financial institutions send compliant customer communications.

2 years ago

docStribute Secures £820,000 in Pre-Series A Funding to Expand RegTech Solutions

ProblemFinancial Services

Solution

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