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VoxSmart secures £5.5 million funding from NatWest

UK start-up VoxSmart has secured a strategic investment of £5.5 million from NatWest to accelerate the growth of its communications surveillance technology for financial markets.

VoxSmart was the first vendor globally to offer a compliance solution for financial markets through WhatsApp and WeChat, now providing its offering to over 100 blue-chip customers.VoxSmart receives NatWest funding

The funding, the company said, will help it reach new markets and accelerate the innovation of new products.

Kit Maclaren, Director of NatWest Growth Capital, said the financing reinforces NatWest’s commitment to support enterprise growth in the UK.

He said: “As a purpose-led bank we champion the potential of businesses; removing barriers and helping them thrive. Financing UK companies such as VoxSmart reflects our firm-wide dedication to supporting high growth, innovative scale-up businesses and is the key driver behind our new Growth Capital product. We are hugely excited to support the team at VoxSmart.”

Oliver Blower, Group Chief Executive Officer at VoxSmart, added: “No other vendor in this space has the Financial Markets DNA, expertise and pedigree that VoxSmart has.

“We are building something unique together with our clients and continue to be excited with how our technology is redefining how financial markets see their data. We are delighted to have NatWest support us as we continue to set the global standard for communications surveillance.”

The funding from NatWest comes on top of VoxSmart’s support from Deepbridge Capital LLP and Angel Investors.

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