LAB Group has raised private debt
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.
Oaklins’ team in Australia acted as corporate advisor to LAB Group in this transaction.
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