Apiax

  • FOUNDING YEAR: 2016
    LOCATION:
    Switzerland
    REGION:
    Last Update:
    8 2102, pA0r
    Company priority:
    In fund-raising mode.
  • Apiax provides a digital compliance management platform to enable external legal experts and in-house legal and compliance teams at banks and FinTech companies, to collaborate and manage regulations digitally. The platform consists of digital rule sets, which are kept up-to-date and verified; and, a regulatory cockpit for legal and compliance teams to manage regulatory updates, review and deploy them. The rule engine is based on machine-learning practices and is infrastructure independent, running in a private or public cloud. The rules can be integrated into any system or process over an API.
    Apiax is a Swiss RegTech start-up, building powerful tools to transform complex financial regulations into digital compliance rules, which are constantly up-to-date and verified. The rules are consumable via an App or can be integrated directly into banking processes through an easy-to-use API. Its cutting-edge technology provides legal and compliance teams with full visibility and control over their digital rule sets and empowers client advisors to serve their clients more efficiently and in a fully compliant manner.
  • MEDICI analysts will analyze Apiax soon
    Only standardization with the help of machine-readable rules can help banks to deal with the increasing complexity of global regulations.
    Author: Ralf Huber
  • FOCUS

    PRODUCTS & SERVICES:
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    MAIN CLIENTS:
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    PRODUCTS & SERVICES:
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    REVENUE MODEL:
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    TOP PROBLEM SOLVED:
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    PRODUCT DEVELOPMENT STAGE
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    KEY DIFFERENTIATORS
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    PRIMARY CUSTOMER TYPE
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    PRODUCT ATTRIBUTES
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    PEOPLE

    FOUNDERS:
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    Board Members and Advisors:
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    INVESTORS:
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    FOUNDERS:
    Philip Schoch, Ralf Huber, Nicolas Blanchard, Thomas Suter
    NUMBER OF EMPLOYEES:
    510-1
    KEY EMPLOYEES:
    CEO: Philip Schoch
    CTO: Thomas Suter
    CMO: Nicolas Blanchard
    CRO: Ralf Huber
    BOARD MEMBERS:
    Ralph Mogicato, Jürg Steiger, Sonja Stirnimann

    TRACTION

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    LIVE USERS/TRANSACTIONS:
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    MOMENTUM

    FUNDED:
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    TOTAL FUNDING:
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    TOTAL FUNDING COMMENT:
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    SEED & PRIOR FUNDING:
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    SEED CLOSED ON: Sp27e01
    FUNDING COMPLETED:
    DESE
    TOTAL FUNDING:
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    LISTED:
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    FUNDING SERIES:
    Seed
    Sep 2017
    5 1snill.oiM
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    Investors
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    FOR INVESTORS

    FUNDING NEEDED
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    USES OF FUNDS RAISED
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    EXIT STRATEGY
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