<ul data-eligibleForWebStory="true"><li>London-based FinTech startup Zango AI, specializing in regulatory compliance solutions for financial services, has raised €4 million in funding to fuel international expansion and enhance their technology.</li><li>The funding round, led by Nexus Venture Partners, includes notable participants such as South Park Commons, Allica Bank's CEO Richard Davies, and former McKinsey executive Alan Morgan.</li><li>Zango's technology integrates AI with human expertise to automate compliance tasks, offering solutions for horizon scanning, gap analysis, and controls testing for global financial institutions.</li><li>The company's AI agents have already garnered interest from banks like Novobanco and neo banks such as Monzo and Juni, streamlining compliance processes and reducing manual work significantly.</li></ul>

London-based Zango AI emerges from stealth, raising €4 million to innovate financial compliance systems with AI agents

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