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Euromoney: UBS invests in regtech expanding into wealth management

Droit’s Founder and CEO, Brock Arnason, spoke to Euromoney about the firm’s recent $23 million funding round and its plans for the future.

 

“We get a lot of inbound queries from institutional investors, but they tend to want larger ticket sizes and to set specific rules for how they want the firm to grow. We want to set the pace at which we grow. We’ve been looking for strategic capital because we are launching a new product line and felt it important to have a strategic investor that can help develop that.”

 

Click to read the full article on Euromoney.