SaaS RegTech PassFort closes on $16.2 million Series A - NewsBreak

Home > Business
By Suzana in Business
Updated 3 years ago

London-based SaaS RegTech provider PassFort has closed a $16.2 million Series A funding round. The Series A was led by the US growth equity fund, Level Equity, with participation from PassFort's existing investors OpenOcean, Episode 1 and Entrepreneur First. $4.89 million worth of venture debt was also provided by Shard Credit Partners - with PassFort being the first investment from its newly launched UK tech-focused venture debt strategy.

saas-regtech-passfort-closes-on-16-2-million-series-a-newsbreak