Zango

Both founders bring significant entrepreneurial experience to Zango. Ritesh Singhania previously founded ClearGlass, a pension compliance platform, and held a technology leadership role at Simplitium, which was acquired by NASDAQ. Shashank Agarwal co-founded Third Watch, an AI-powered fraud detection startup that was acquired by Razorpay, and also led trust and compliance engineering at PhonePe. Their combined expertise in regulatory technology and AI forms the foundation of Zango's approach.

The company's core business revolves around simplifying the complexity of financial regulations for its clients, which include established banks like Novobanco and neobanks such as Monzo and Juni. Zango's business model is B2B, offering its platform as a Software as a Service (SaaS) solution. The service transforms extensive regulatory documents into a clear list of actionable requirements, aiming to shift compliance from a cost center to a driver of growth by enabling businesses to launch new products and enter markets more quickly.

Zango's platform utilizes regulation-specific Large Language Models (LLMs) to make compliance intuitive. Key features include horizon scanning for real-time alerts on regulatory changes, automated gap analysis, and controls testing. The system is designed to turn complex compliance questions into simple queries, such as determining the necessary steps to launch a specific financial product in a new market. By integrating AI agents directly into a company's operations alongside human experts, Zango aims to ensure continuous, accurate compliance and keep firms audit-ready. The company plans to expand its services beyond banking into other financial verticals like insurance and asset management.