LAB Group has secured AU$6.5 million in debt financing from Global Credit Investments to accelerate its growth strategy and enhance its innovative RegTech offerings.

Information on the Target

LAB Group is an innovative RegTech company that offers a comprehensive KYC (Know Your Customer) and Onboarding platform. Over the past decade, LAB Group has successfully evolved and refined its systems to enhance the customer journey right from the initial stages of account creation. The platform not only addresses AML (Anti-Money Laundering) and CTF (Counter-Terrorism Financing) regulatory requirements but also streamlines processes, thus saving both time and resources through a high level of automation.

By utilizing advanced remediation techniques and ongoing customer due diligence procedures, LAB Group has established itself as a market leader, promising efficiency and reliability in regulatory compliance. The recent AU$6.5 million growth capital will further bolster its team and accelerate the implementation of its growth strategy, ensuring LAB Group continues to innovate and remain competitive in a rapidly evolving industry.

Industry Overview

The RegTech sector in Australia has seen significant growth, driven by an increasing demand for regulatory compliance solutions. As businesses grapple with the complexities of regulatory requirements, RegTech firms like LAB Group are well-positioned