Copla raises €6M Series A to support EU regulatory compliance

European regtech firm Copla has secured €6 million in Series A funding, signaling a growing demand for solutions that navigate the increasingly complex regulatory landscape for financial services. This investment, led by Iron Wolf Capital with participation from Operator Stack and existing investors, highlights the critical need for robust compliance infrastructure as new EU regulations come into effect. The funding will accelerate Copla's product development and international expansion, particularly within the EU market. The influx of new regulations, including the Digital Operational Resilience Act (DORA), the EU AI Act, and the Cyber Resilience Act, is compelling financial institutions to re-evaluate their compliance strategies. These frameworks, coupled with rising AI-driven cyber threats like sophisticated social engineering and automated fraud, place significant pressure on organizations. Fintechs and third-party providers, especially those scaling rapidly with limited resources, face particular challenges in building effective governance and risk management functions to avoid substantial penalties and reputational damage. Copla's platform addresses these challenges by translating complex regulatory requirements into actionable workflows and providing continuous compliance tracking with auditable evidence. This automated approach aims to move businesses away from manual, spreadsheet-reliant methods towards a more dynamic and integrated compliance execution layer. By offering real-time updates on assets, vendors, risks, and controls, Copla empowers companies to grow with greater confidence and preparedness for audits.
Curated and translated by Europe Digital for our multilingual European audience.
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