Adclear Secures £510K Funding to Revolutionize FCA Marketing Compliance Automation for FinTechs
Adclear, a pioneering RegTech startup specializing in automating marketing compliance for FinTech companies, has recently secured £510,000 in pre-seed funding. This investment will bolster their innovative AI-driven solutions designed to help financial technology firms adhere to stringent regulations set by the Financial Conduct Authority (FCA).
Funding Support from Leading Investors
The funding round was supported by notable investors, including Haatch, Force Over Mass, and Founders Capital. Adclear’s platform is tailored for high-risk sectors such as:
- Investments
- Loans
- Foreign exchange (FX)
- Contracts for difference (CFDs)
- Spread betting
- Digital assets
Enhancing Compliance for FinTech Firms
Prominent companies within the FinTech space, including Plum, Creditspring, and Trade Nation, have already integrated Adclear’s platform to optimize their compliance processes. With the new funding, Adclear plans to:
- Enhance their AI capabilities
- Expand their team
- Broaden compliance coverage to include EU and US regulations
Streamlining Compliance Workflows
Adclear’s technology automates marketing compliance workflows, providing:
- Real-time evaluations
- Contextual feedback
This ensures adherence to FCA guidelines, helping financial marketing teams to overcome the cumbersome nature of manual reviews, which can delay campaign launches and hinder growth.
Industry Insights
Martijn de Wever, founder and general partner at Force Over Mass, commented on the increasing regulatory scrutiny in the financial services sector, stating, “Adclear’s practical approach addresses a significant pain point that costs fintechs millions due to delayed campaigns and compliance overhead.”
Experience-Driven Solutions
Adclear’s co-founder, Joe Jordan, highlighted the company’s deep understanding of regulated financial services marketing. He stated, “Our experience in this sector allows us to deliver solutions that enable teams to concentrate on the most impactful aspects of their business.”
Future Prospects for Adclear
Looking to the future, Adclear aims to solidify its foothold in the UK market while expanding its reach internationally. Co-founder Doni Hoti emphasized the company’s mission: “This funding round will accelerate our product development and market expansion, empowering fintechs to navigate the complex world of marketing compliance while focusing on innovation and growth.”
For more information about Adclear and its services, visit the official Adclear website. To learn more about regulatory compliance in the financial sector, check out this insightful article on Financial Times.
