Wavestone presents its 4th edition of the Regtech Radar. Regtechs are market players with the particularity of providing Financial Institutions with specific technologies aiming at answering regulatory requirements and improving compliance functioning.
Discover the 106 Regtechs of the 2023 version, grouped in 7 categories.
This year, we have met with several major banking actors having chosen to make use of Regtechs’ solutions in order to answer their business challenges. We share in this publication their feedbacks and the impact Regtechs had on their processes and environment. You will find more details on these aspects in our publication.
The 2023 trends
We observe a decline in fundraisings, as is the case elsewhere in the tech ecosystem. However, in detail, some sectors stay dynamic, especially for solutions addressing challenges such as Sustainable Finance, Data Privacy Management, or Cryptocurrency Regulation. These two latter categories are integrated in this edition of the Radar for the first time.
Key takeaways
106
Radar integrated Regtechs
43
French solutions
1.34
Billion euros raised in 2022-2023
7.5 years
Average age
With the collaboration of the Wavestone Financial Services teams : Thibault Justeau, Mathis Gambu.
Clients’ acknowledgement : Julien Belhassen (Bpifrance), Frédéric Logeais (Crédit Agricole).
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