16 September 2021 | Singapore – Regtank, a leading provider of a one-stop software-as-a-service compliance solution has been selected as one of IBM’s Friends of Hyper Protect startups. 

The IBM Hyper Protect Accelerator is an investment-readiness program that supports impact-driven startups to improve the quality and accessibility of digital, financial, healthcare  and insurance services by leveraging highly sensitive data – making it an excellent partner for Regtank to advance financial compliance. 

Alongside IBM, the year-long program is also supported by Village Capital, a Washington, D.C.-based organization that focuses on business development, client acquisition strategy, and mentorship throughout important fundraising milestones. Companies in the program also get access to Village Capital’s network, which includes industry leaders who will serve as mentors. 

“Being a part of IBM Hyper Protect Accelerator – Friends of Hyper Protect affirms our vision to make compliance easy for our customers. We are really excited about being given the opportunity to be a part of the IBM and Village Capital networks, which will help us develop new products and grow during this key period in the market.” – Megan Lee, Co-Founder, Regtank Technology Pte Ltd

In an increasingly digital world,  entrepreneurs face new challenges every day in order to produce solutions that have a global impact without jeopardizing consumer data and information.

Through its smart risk assessment engine, Regtank provides risk assessment and management, screening, record keeping, ongoing due diligence, transaction monitoring, blockchain analytics, and the identification of the origin of funds. Clients will seamlessly be able to onboard their clients while mitigating risk and keeping an audit trail should questions from regulators arise.  

About Regtank Technology Pte Ltd

Regtank is the leading provider of a one-stop software-as-a-service compliance solution, serving to revolutionize the compliance landscape. Adopting a risk-based approach (RBA) incorporating both KYC and KYT into a single consolidated platform, Regtank has innovated a comprehensive and advanced AML/CFT smart risk assessment engine that can automatically classify the risk of individuals tailored to the risk matrix of the clients. Regtank today provides risk assessment and management, screening, record keeping, ongoing due diligence, transaction monitoring, blockchain analytics, and the identification of the origin of funds. For more information, you can visit us at https://regtank.com/.

About IBM Hyper Protect Accelerator 

Launched in 2019, IBM Hyper Protect Accelerator is a digital investment-readiness and technical mentorship  startup program aimed at helping the next generation of impact-driven companies build and scale solutions that keep sensitive data secure. IBM’s collaborators include  Village Capital, Female Founders Alliance, and Black Innovation Alliance. The program was launched to empower startups with business acceleration expertise and technical mentorship, while also assisting them in driving innovation and scale.  

For press enquiries, please contact: 

Regtank Technology Ptd Ltd

Cynthia Chew

E: cynthia@regtank.com

T: +65 6602 8209