Zango

Zango is a London-based AI-native regulatory compliance platform founded in 2024 by Ritesh Singhania and Shashank Agarwal, two second-time founders with deep experience at the intersection of financial services and AI. The company emerged from stealth in July 2025 after raising $4.8 million in seed funding led by Nexus Venture Partners, with participation from South Park Commons (where Zango was incubated), Notion Capital, No Label Ventures, and Start Ventures, alongside financial services angels including the CEO of Allica Bank and a former McKinsey head of Financial Services for EMEA.

Zango addresses a structural problem in regulated financial institutions: the cost and complexity of keeping pace with continuous regulatory change across the UK, EU, and other major jurisdictions. Traditional approaches rely on consultants, spreadsheets, and periodic manual reviews that produce point-in-time compliance assessments which are obsolete before the ink dries. Zango's platform deploys regulation-specific AI agents that continuously track regulatory publications, identify compliance gaps in real time, automate advertising reviews and approval workflows, and maintain firms in an audit-ready state without adding operational drag. The platform combines AI automation with human compliance experts embedded in the workflow, delivering the peace of mind institutions historically required from consultants — but at a fraction of the cost and with continuous rather than periodic coverage.

Early commercial traction is strong. Novobanco, the fourth-largest bank in Portugal, uses Zango to manage compliance processes across its product range, reporting savings of hundreds of hours of manual work. Monzo and Juni, two leading European neobanks, are also engaged with the platform. In one documented example, a regulatory workflow that previously took 48 hours was completed in under four hours using Zango's agents. The company has offices in London, San Francisco, and Bengaluru, with the Bengaluru engineering centre central to its AI development capability.

Zango was built from direct founder experience: Singhania previously co-founded ClearGlass, a UK RegTech platform backed by Aon, and held the Head of Technology role at Simplitium (acquired by Nasdaq). Agarwal co-founded Third Watch, an AI-powered fraud detection startup acquired by Razorpay (valued at $7.5 billion), and led trust and compliance engineering at PhonePe, India's largest digital payments platform. Their combined background — UK financial regulation on one side, AI-driven risk systems in India on the other — gives Zango an unusually complete view of the problem from both the regulatory and the engineering dimension.