Scottish Equity Partners Invests in FundApps
Posted on 05/10/2021
Scottish Equity Partners (SEP) made a large growth equity investment in London-headquartered FundApps Limited, a compliance service business. FundApps claims to have over 100 clients.
“We are delighted to have technology specialist SEP on board.” Said Andrew Patrick White, founder and CEO of FundApps in a press release. “Having bootstrapped our way since 2010, FundApps has experienced exceptional growth in recent years, but we have only just scratched the surface of the regulatory challenge. It is clear that in SEP, we have found a long-term partner who not only understands the scale of the problem faced by the global investment industry, but one who is excited to work with us to introduce transformative services to an industry crying out for further innovation.”