Regpit in an interview with the Börsen-Zeitung

"We are targeting everything that is part of the light financial system"

What Regpit offers is a comprehensive system to ensure compliance with anti-money laundering regulations.

We are targeting everything that is part of the light financial system. These are smaller banks and financial service providers, payment institutions, but also law firms, estate agents and crypto custodians.

All-in-one solution from Regpit

Figuratively speaking, this is the cockpit (with the second part of the word giving the start-up its name) for the compliance processes, which Regpit also supports with training for employees and risk management.

When setting up the platform, we realised that with all the country- and industry-specific requirements, it makes sense to provide sector-specific solutions. In other words, for example, we have a package that is tailored to the workflow of law firms.

First round of financing

Founded in Berlin in September 2021, the company was initially self-financed and then completed its first financing round last year, according to co-founder Jacob Wende in an interview with Börsen-Zeitung.

A number of business angels have participated, including the former Federal Minister of Justice Brigitte Zypries, the supervisory lawyer Thomas Emde and the manager Ben Broshi, formerly with Deutsche Telekom and now with Apple.

European rollout in the next phase

The plan for growth is for Regpit to focus primarily on expansion in German-speaking countries over the next two years.

We have already been able to acquire some major key customers and are generating decent sales. This is an equity story that is going down well in the current environment.

Regpit plans to conduct a seed round in the course of this year, which will involve a single-digit million amount.

You can find out what the founders are planning for the future of Regpit in the full Interview with the Börsen-Zeitung read more.