New York– December 6, 2023 – Regulo, a leading provider of regulatory technology (RegTech) solutions, today announced that it has been named a RegTech100 company for 2024. The 2024 RegTech100 list showcases the most innovative and disruptive businesses in the regulatory technology space that are seeking to help financial institutions manage the fast-paced changes brought on by ongoing regulatory updates and technological advances.

“We are honored to be named to the RegTech100 list for 2024,” said Regulo's CEO, Ravi Madavaram. “This recognition is a testament to our commitment to helping financial institutions navigate the complex and ever-changing regulatory landscape.”

The RegTech sector has demonstrated resilience and maintained its strong growth trajectory despite the current economic climate. Research by Fortune Business Insights found that the sector is anticipated to grow from $12.82bn in 2023 to $60.77bn by 2030, at a CAGR of 24.9%.

“With the market continuing to go from strength to strength, the selection process for this year’s RegTech100 was the most competitive yet,” said Mariyan Dimitrov, director of research at RegTech Analyst. “The companies on this year’s list are all leaders in their respective fields and are making a significant impact on the way financial institutions manage risk and compliance.”

Regulo slashes false positives by an impressive 70%, using advanced facial recognition for Sanctions, PEP, Adverse Media, and Fraud screening. The solutions help financial institutions of all sizes automate and streamline their compliance processes, reduce costs, improve risk management, and eliminate false negatives from the financial future. 

About Regulo

Regulo is a leading provider of regulatory technology (RegTech) solutions that help financial institutions automate and streamline their compliance processes, reduce costs, and improve risk management. For more information, please visit www.regulo.ai.