Following recent expansion in Singapore, London based RegTech firm ClauseMatch closed its first venture debt funding round with Silicon Valley Bank (SVB), the bank of the world’s most innovative businesses and their investors.
The $2.5 million loan package agreed between ClauseMatch and Silicon Valley Bank will be allocated to support the company's continued growth in Europe and Asia. Recently the company started operations in South East Asia, out of Singapore, and is already serving clients with a presence in the region.