Novatus Global Limited, a leading provider of regulatory technology solutions for global financial institutions, has announced a $40 million investment from Silversmith Capital Partners, a Boston-based growth equity firm. Since its founding in 2019, Novatus has become a trusted partner for many of the world’s largest banks, asset managers, and financial institutions, with its revenue tripling in the past year. The new funding will enable Novatus to strengthen its SaaS platform and expand its global presence.
Novatus’ flagship platform, En
, is a cloud-native SaaS solution that helps clients comply with complex global regulatory requirements. En
provides accurate, timely reporting for G20 transaction regulations and is trusted by large companies worldwide. Novatus also offers expert advisory services to assist clients with compliance, risk management, and organizational transformation.
Andrew Hedley, co-founder and partner at Novatus, expressed excitement about the partnership with Silversmith, stating that the investment will fuel innovation and drive international expansion, particularly in North America.
Co-founder Matthew Ranson added that their goal from the start was to solve the complexity of transaction reporting with cutting-edge technology. Silversmith quickly recognized the potential of En
and its use of AI and machine learning to address these challenges.
Silversmith’s Principal, Ned Kingsley, praised the Novatus team for their innovative approach to solving key customer problems and expressed confidence in their continued growth. Maven Capital Partners, an existing investor, also expressed enthusiasm for the future potential of Novatus and its international expansion.
As part of the investment, Silversmith’s Todd MacLean and Ned Kingsley will join the Novatus board. Legal and financial advisors for the deal included Wilson Sonsini Goodrich & Rosati, Kirkland & Ellis, KPMG, and Burness Paull.
About Novatus Global Limited
Founded in 2019 and headquartered in London, Novatus Global provides software and strategic advisory services to help global financial institutions meet complex regulatory and strategic challenges. Their award-winning En
platform ensures compliance with global reporting requirements, helping clients achieve sustainable growth and reduce risk.
About Silversmith Capital Partners
Established in 2015, Silversmith Capital Partners is a Boston-based growth equity firm managing $3.3 billion in assets, focused on partnering with entrepreneurs to build high-growth technology and healthcare companies.
About Maven Capital Partners
Maven is a leading UK private equity firm that specializes in investing in high-growth companies, working with visionary entrepreneurs to build market-leading businesses.
For more information, visit Novatus Global or Silversmith Capital Partners.
