<ul data-eligibleForWebStory="true"><li>Regulatory tech startup Zango AI has raised $4.8 million in a funding round led by Nexus Venture Partners.</li><li>The round saw participation from several notable investors including South Park Commons, Allica Bank's CEO, and former McKinsey executive.</li><li>Zango AI, founded in 2024, is developing AI models to automate regulatory compliance processes for financial institutions.</li><li>The funding will be utilized to expand Zango's teams, enhance its product suite in financial services, and develop additional modules for its AI-native governance, risk, and compliance platform.</li></ul>

Regulatory tech startup Zango AI raises $4.8 million led by Nexus VP, others

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