Fintech company receives £5.5m to accelerate growth
Software company, VoxSmart has announced a strategic funding round of £5.5m ($7.2m) from NatWest.
VoxSmart has a proven track record of developing innovative compliance and surveillance technology for financial markets and this funding will help the company reach new markets and accelerate the innovation of new products.
As the first vendor globally to offer a WhatsApp and WeChat compliance solution to financial markets, VoxSmart has an impressive customer portfolio of over 100 blue chip customers from within financial services. The financing from NatWest reinforces the values and commitment by NatWest’s Chief Executive Officer, Alison Rose to support enterprise growth in the UK.
Kit Maclaren, Director of NatWest Growth Capital, said: “As a purpose-led bank we champion the potential of businesses; removing barriers and helping them thrive. Financing UK companies such as VoxSmart, reflects our firm wide dedication to supporting high growth, innovative scale-up businesses and is the key driver behind our new Growth Capital product. We are hugely excited to support the team at VoxSmart.”
The financing from NatWest builds on the strong support VoxSmart continues to receive from Deepbridge Capital LLP a leading Investor in UK Technology Companies as well as a large number of high-profile UK Angel Investors.
“No other vendor in this space has the Financial Markets DNA, expertise and pedigree that VoxSmart has. We are building something unique together with our clients and continue to be excited with how our technology is redefining how financial markets see their data. We are delighted to have NatWest support us as we continue to set the global standard for communications surveillance.” added Oliver Blower, Group Chief Executive Officer at VoxSmart.