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Basic Business Services Are at the Fore of Reg-Tech

January 20, 2017

 Source: The Wall Street Journal 

The “Reg-tech” boomlet is usually associated with nascent companies aiming to help financial institutions comply with layers of complex regulation, but some of the biggest bets by venture capitalists last year were on startups providing more basic business services.

Mundane services promising to help businesses pay taxes, run background checks and set up payrolls caught the attention of investors.

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