GSS Receives $47 Million Investment

London-based RegTech innovator Global Screening Services (GSS) has completed its Series A2 funding round, raising over $47 million. Significant contributors include AlixPartners, Cynosure Group and the latest addition, Commonwealth Bank of Australia (CBA).

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Global Screening Services

It coincides with the company's transition from the development phase to the operational phase as the cloud-native platform prepares to go live with its first customers. GSS has also received support from existing investors who continue to have confidence in the company's potential and progress to date. The shareholder base includes two major financial institutions: MUFG and CBA.