About RegTech sector in Belgium
The RegTech sector in Belgium comprises 34 companies, including 12 funded companies having collectively raised $63.5M in venture capital money and private equity. Out of these, 8 are Series A+ funded.
RegTech sector in Belgium has seen 6 acquisitions. This represents almost 17.6% of all such companies - which is higher than the 5.3% exit rate of tech companies in general.
This sector includes companies offering a range of tech products primarily for financial institutions and regulators for efficient implementation and monitoring of financial regulations.
RegTech sector is also known as Regulatory Tech or Financial Regulatory Tech.
Companies included in RegTech
Companies offering KYC, AML & Fraud Detection, Risk Management, Compliance Management, Regulatory Reporting, and SupTech solutionsCompanies excluded in RegTech
GRC Solutions for industries other than Financial ServicesTop RegTech Companies in Belgium
There are more than 34 companies in RegTech in Belgium. itsme is the top RegTech company in Belgium, ranked using Tracxn Score (what's this?).
Here are 5 of the top RegTech companies in Belgium:
Company | Description | Location | Founded | Current Stage | Private Funding Raised |
|---|---|---|---|---|---|
Provider of applications offering customer identity verification solutions | Brussels (Belgium) | 2017 | Series B | $29.3M | |
Provider of financial crime compliance, payment, and secure SWIFT connectivity solutions | Dubai (United Arab Emirates) | 1984 | Unfunded | - | |
Customer identity verification solutions provider | Brussels (Belgium) | 2007 | Series B | $29.3M | |
Software solution provider for managing data and compliance | Mechelen (Belgium) | 2011 | Acquired | $1.09M | |
Regulatory screening solution for customer onboarding | Yvoir (Belgium) | 2017 | Funding Raised | - |
Companies founded year-on-year in the RegTech sector in Belgium
5 RegTech startups in Belgium were founded in 2017 - this is the most number of startups founded in any year in the last 10 years.
- Total Number of Companies
Year | No. of companies |
|---|---|
2025 | - |
2024 | - |
2023 | 1 |
2022 | 3 |
2021 | 1 |
2020 | 1 |
2019 | 4 |
2018 | 1 |
2017 | 5 |
2016 | 3 |
Stage-wise distribution of RegTech sector companies in Belgium
Out of the total 34 RegTech companies in Belgium, 12 have secured funding. Among them, 8 have reached Series A or higher, and 8 to Series B or beyond.
Founded - 34
Funded - 12
Series A+ - 8
Series B+ - 8
Series C+ - 6
Company Stage | No. of companies |
|---|---|
Founded | 34 |
Funded | 12 |
Series A+ | 8 |
Series B+ | 8 |
Series C+ | 6 |
Funding Trends in the RegTech sector in Belgium
Total funding year-on-year in the RegTech sector in Belgium
The RegTech sector in Belgium saw a total funding of more than $63.5M in the last 10 years. The most amount of funding was in 2021 at more than $59.9M.
- Total Funding
Year | Total Funding |
|---|---|
2022 | $1.69M |
2021 | $59.9M |
2020 | $44.6K |
Recent Funding Rounds in RegTech in Belgium
In the year 2022, till January 2022, RegTech companies in Belgium have raised $1.69M in equity funding across 1 round.
In the same period last year (i.e. till January 2021), RegTech companies in Belgium had raised $1.23M across 1 round.
So, 2022 has seen a 37.9% rise in funding in RegTech companies in Belgium as compared to 2021.
Here are some recent, important funding rounds in RegTech companies in Belgium:
Company | Round Raised | Amount Raised | Funding Date | Investors |
|---|---|---|---|---|
Seed | 4238 | Jan 26, 2022 | ||
Series B | 5900 | Jul 01, 2021 | ||
Series B | 5783 | Jul 01, 2021 | - | |
Seed | 3547 | Jan 08, 2021 | ||
Seed | 1243 | Feb 02, 2016 | - |
Top Investors in RegTech in Belgium
European Union is the top investor in RegTech companies in Belgium based on number of companies invested.
Here are some top investors in RegTech companies in Belgium:
Investor | Location | Top Portfolio Companies |
|---|---|---|
Brussels (Belgium) | - | |
Sunnyvale (United States) | - | |
Brussels (Belgium) | - | |
Paris (France) | - | |
New York City (United States) | - |
M&A activity in RegTech sector in Belgium
In the year 2024, till July 2024, 1 acquisition happened in RegTech sector in Belgium.
Here are some recent, important acquisitions in RegTech sector in Belgium:
Company | Acquisition Type | Acquisition Date | Acquirers |
|---|---|---|---|
Business Acquisition | Jul 02, 2024 | ||
Business Acquisition | Nov 16, 2022 | ||
Business Acquisition | Mar 01, 2022 | ||
Business Acquisition | Oct 12, 2021 | ||
Acqui-Hired | Jul 16, 2012 |
Acquisition trends in RegTech sector in Belgium
Here are the acquisition trends in RegTech sector in Belgium:
- Total Number of Acquisitions
Year | No. of companies |
|---|---|
2025 | - |
2024 | 1 |
2023 | - |
2022 | 2 |
2021 | 1 |
2020 | - |
2019 | - |
2018 | - |
2017 | - |
2016 | - |
Top News in RegTech in Belgium
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Intix Confirms Further Canadian Expansion at Canada Payments SummitFintech Finance•May 22, 2024•Intix
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Quour Group names Saeed Patel as chief product and technical officerFinextra•Aug 04, 2023•Quor, EastNets
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Intix launches xCOMPLY to help financial institutions navigate the evolving regulatory landscapeFintech Finance•Oct 05, 2022•Intix