Quinn Secures $11M Seed Round to Simplify Compliance and Data Visibility for Financial Institutions
July 10, 2025
byFenoms Startup Research
Quinn, a rising B2B SaaS platform founded by Royi Markowitz and Asaf A., has raised $11 million in a competitive seed round led by Viola FinTech and supported by other strategic investors. The Tel Aviv-based startup is on a mission to help financial institutions transform how they manage regulatory compliance and internal visibility - making governance, risk, and compliance (GRC) operations less reactive and more intelligent.
Quinn offers a centralized solution that streamlines compliance processes while boosting transparency across organizational silos. As financial firms continue to face rising scrutiny from global regulators, Quinn’s platform is positioned as a much-needed lifeline for lean compliance teams navigating increasingly complex regulatory landscapes.
Built for the Next Era of Fintech Compliance
RegTech (Regulatory Technology) has become one of the most dynamic sub-sectors of fintech. According to Research and Markets, the global RegTech market is expected to grow from $11.1 billion in 2023 to $44.7 billion by 2028, driven by the rapid digitization of financial services and expanding compliance requirements from global bodies like the SEC, FCA, and MAS.
Today’s compliance tools tend to be siloed, manual, or retrofitted across disconnected systems. Quinn offers a radical rethink: a compliance operating system that integrates directly with internal workflows, automates documentation, flags potential violations, and provides dashboards that unify fragmented compliance signals in real-time.
This automation-first approach is a step beyond the typical GRC platform - it’s proactive, scalable, and built with collaboration in mind.
The smartest compliance founders know the true bottleneck isn’t regulation - it’s time. Regulation changes slowly. What crushes teams is the time it takes to track, interpret, and align around those changes. Quinn’s edge is that it doesn’t just surface alerts; it turns alerts into aligned action. For other founders, the takeaway is clear: in workflow-heavy verticals like compliance, the winners will be those who reduce the time between signal and coordinated response.
Why Quinn Matters Now
The financial industry is under increasing pressure from regulators, investors, and consumers alike. In 2023 alone, banks and fintechs globally paid over $6 billion in compliance-related fines, and many of these were tied to failures in data governance, auditability, and reporting gaps.
Quinn addresses this by offering:
- Real-time monitoring of compliance status across systems
- Automated reporting to reduce manual documentation effort
- Collaboration tools that help cross-functional teams coordinate responses
- Audit-ready trails that remove the guesswork in regulatory submissions
This combination of automation, visibility, and team-first UX is what makes Quinn stand out in the crowd of legacy compliance platforms.
Why It Matters Now
The RegTech (Regulatory Technology) market is rapidly expanding. According to Grand View Research, the global RegTech market was valued at $8.2 billion in 2021 and is expected to grow at a CAGR of 25% from 2022 to 2030, reaching over $44 billion by the end of the decade. This surge is driven by increasing regulatory pressure, the growing complexity of compliance requirements, and the digital transformation of financial services.
Startups like Quinn are poised to thrive in this environment. Financial institutions are now required to manage data protection, anti-money laundering (AML), fraud prevention, and real-time reporting - all within tighter operational windows. Traditional tools and siloed systems are no longer adequate, especially when regulators now expect companies to demonstrate audit trails at the click of a button.
What’s more, 65% of financial services firms report rising compliance costs year over year, with manual compliance processes consuming nearly 15% of employee time. In this context, platforms that reduce regulatory overhead while increasing transparency are not just welcome - they're essential.
Quinn’s ability to simplify, structure, and streamline compliance workflows answers this need directly. With capital in hand and a product built from deep sector insight, it stands to redefine how early-stage and mid-sized financial players operationalize trust and scale responsibly.
What the New Funding Will Unlock
With this $11M injection, Quinn plans to accelerate product development and expand its go-to-market operations, particularly in North America and Europe, where demand for robust compliance software continues to rise.
Key initiatives on the roadmap include:
- Adding support for multi-jurisdictional compliance frameworks
- Expanding integrations with core banking systems and cloud infrastructure
- Enhancing AI-driven risk scoring and pattern recognition for fraud and KYC alerts
- Launching a compliance knowledge hub that allows users to stay updated on regional laws and trends
By focusing not just on risk detection but on operational coordination, Quinn aims to become the standard for compliance workflow automation in high-growth and traditional financial institutions alike.
Industry Context: RegTech and the Compliance Crunch
The rise of embedded finance, open banking, and cross-border payments has dramatically increased the compliance surface area that financial entities need to manage. What used to be quarterly regulatory updates is now a weekly firehose. A 2024 survey by Deloitte found that over 80% of financial firms report burnout among compliance staff, citing “constant change” and “lack of automation” as key drivers.
At the same time, regulators are demanding more data-backed insights, not just policies. Traditional GRC systems are buckling under this new reality. Tools like Quinn are emerging as the new vanguard - lean, actionable, and built for how modern teams actually work.
What’s Next for Quinn?
With Quinn’s seed round secured, the startup is poised to:
- Grow its footprint among fintechs, digital banks, and regulated lenders
- Expand globally with support from Viola FinTech’s cross-border network
- Hire across engineering, compliance strategy, and customer success
- Continue refining its product to turn every regulatory signal into a structured workflow
As compliance becomes an operational pillar - not just a legal checkbox - Quinn is betting that companies will need faster, smarter, and more unified tools to navigate what’s next.
And if their traction and investor support are any indication, they may just be right.