/ TradeTogether Partners with RegPac Revolution: A Beacon of Trust and Compliance in the Fintech Industry Amid Major Financial Turbulence
In a year that has seen the fintech industry poised to reach a record $174 billion and the global RegTech market expands from $9.93 billion in 2022 to $12.37 billion in 2023, with an expected surge to $30.4 billion, the world's largest cryptocurrency exchanges are facing increasing regulatory scrutiny. However, in the wake of major financial turbulence, including the historic collapse of Silicon Valley Bank (SVB) and the resulting impact on major tech companies and startups alike, a new beacon of trust and compliance in the fintech industry has emerged.
TradeTogether, a Singapore-based fintech digital asset management company, is joining forces with RegPac Revolution, a global RegTech ecosystem builder and business accelerator, to bring an unprecedented level of trust, risk management, and regulatory compliance to the fintech industry.
TradeTogether, operating under a regulatory exemption in Singapore, is currently in the process of finalizing its Seed round, with a total funding raised of $2.7 million over two rounds. The company is backed by investors like SOSV Orbit Startups and Tenity, reflecting its sound financial foundation and strong market confidence in the face of industry-wide challenges.
RegPac Revolution, since its foundation in 2017, has been transforming the risk management and compliance sectors. Through initiatives such as the RegTech 101 Training Program and its revolutionary Vendor Management Advisory Services, RegPac has been pioneering the use of technological advancements to promote cost-effective and efficient risk management strategies.
This partnership signifies a landmark step towards integrating reliable digital asset management with advanced regulatory technology solutions. Both companies believe that their combined expertise and resources will offer enhanced compliance, risk management, and return on investment for their clientele.
"We're thrilled to be working with RegPac, a company renowned for its dedication to innovation and excellence in the RegTech space," said Geoff Ira, Co-Founder, and CEO of TradeTogether. "This partnership underscores our commitment to offering our clients a trusted, secure, and profitable platform for digital asset management."
Mona Zoet, the founder of RegPac, shared her enthusiasm for the alliance, "TradeTogether’s commitment to trust and transparency aligns perfectly with our mission at RegPac. Together, we're set to redefine standards for regulatory compliance and risk management in the fintech industry."