Umazi: Closes $1m investment
- Umazi seeks to create a software-enabled market allowing corporations to create a single digital identity
- Secured $1m investment from Innovate UK and other angel investors
- As it announces a spate of high-profile partnerships with Artesian:DueDil & ComplyAdvantage
- The $1million pre-seed investment which involved angel investors across the world will help fuel the regtech startup’s ambition
- Recent research from Thompson Reuters, shows 60% of companies view compliance as a barrier to entering new markets
- The startup is also developing its proposition to overcome costly, onerous and duplicative compliance processes
