LAB Group has raised private debt
September 2023 — LAB Group Services Pty Ltd has raised funds to accelerate its business and product development activities, providing working capital to fund domestic and international growth opportunities.
LAB Group is a regtech provider an innovative KYC and onboarding platform that revolutionizes the customer journey from the very first steps, fulfilling AML/CTF regulatory needs whilst saving time and resources by providing a high degree of automation for account creation and customer lifecycle management, using remediation and ongoing customer due diligence processes.
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Oaklins’ team in Australia acted as corporate advisor to LAB Group in this transaction.
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