CFOtech UK - Technology news for CFOs & financial decision-makers
United Kingdom
Reggy launches compliance software platform in Europe

Reggy launches compliance software platform in Europe

Mon, 24th Aug 2026 (Today)
Sofiah Nichole Salivio
SOFIAH NICHOLE SALIVIO News Editor

Reggy has launched its compliance software platform in Europe. The Oslo-based company has been working with enterprise customers including Telenor and Aker BioMarine.

The launch comes as companies face a growing volume of European regulation. The EU AI Act is joining existing obligations such as GDPR, NIS2, DORA, anti-bribery and corruption rules, and health and safety requirements.

Reggy sells software designed to give companies a single place to manage regulatory work across multiple frameworks. The platform assigns tasks, stores evidence and creates audit trails, aiming to replace the mix of consultants, spreadsheets and separate tools many compliance teams still use.

It has been signing enterprise customers since 2024 and has operated in beta with users including Telenor, Aker BioMarine, Ardoq and Mainstream Renewable Power. Reggy was founded in Oslo in 2023 and previously operated under the name Fortifai.

The business is entering a crowded governance, risk and compliance software market, with specialist products focused on narrow areas such as security or privacy, as well as older suites often aimed at larger organisations. Reggy is positioning itself around the idea that companies want one system covering several areas rather than a different product for each rule set.

That pitch comes as regulation becomes a bigger issue for company leaders. PwC data cited by Reggy showed 64% of chief executive officers see regulation as the main barrier to reinventing their business, while 72% of executives said compliance complexity had hurt profitability. BusinessEurope has estimated that companies in Europe faced 850 new regulatory obligations between 2017 and 2022.

Enforcement has also become more costly. Corlytics data cited by Reggy put global regulatory enforcement fines at a record USD $19.3 billion in 2024.

Founder's view

Reggy was founded by Abbey Lin, who previously held senior compliance roles at Microsoft, KPMG and Yara International. Lin argues that the problem for European companies is not regulation itself, but the administrative burden of managing it.

"The debate in Europe frames regulation as the enemy, as if less of it would let companies get on with the job. I don't buy that. Racing to the bottom on protections was never the answer, and it isn't what's made Europe the place people want to live in. What sets Europe apart is digital sovereignty, citizen protection, independence from foreign platforms. The problem isn't the regulations. It's that we've made compliance so complicated it erodes the very safeguards it was built to defend," said Abbey Lin, Chief Executive Officer, Reggy.

Lin said her experience inside large organisations shaped the product's design.

"After 20 years running compliance inside global companies, I watched teams drown because they had no system of record telling them what to do and proving it was done. That's why I built this platform that lets one lean team stay on top of every regulation, with the audit trail to prove it. AI is what finally makes that possible without a fully staffed specialist compliance department," said Lin.

The launch also comes amid growing focus on the EU AI Act, which is being introduced in phases. National regulators are gaining enforcement powers over general-purpose AI transparency requirements, while high-risk rules are due later.

For companies already managing privacy, cyber security, anti-bribery, workplace safety and environmental reporting obligations, AI governance adds another layer for compliance teams already under pressure to do more without extra headcount. That has created openings for software suppliers that promise to standardise and document internal processes.

Customer feedback

One early customer said the platform had become a central repository for compliance information.

"We use Reggy as our compliance knowledge center, bringing everything into one place instead of having it spread across different systems. It gives us a strong foundation that's simple to build upon as our needs grow. For a company like ours, that means we can manage compliance in a way that's practical, scalable, and cost-effective," said Lars Jacobsen, SVP General Counsel at Aker BioMarine.

Investor backing has come from Norwegian pre-seed funds Startuplab and RunwayFBU, along with pan-European impact fund Impact Shakers. Reggy is focused first on the European market.

Backers say the opportunity lies in replacing fragmented compliance processes with a broader operating system for regulation.

"Regulatory compliance is a massive enterprise category still running on spreadsheets, consultants, and point solutions that don't talk to each other. What's missing is one system of record that scales with a company's obligations, not a different vendor for every regulation, each with its own implementation and its own training cycle," said Gisle Østereng, Head of Investments at Startuplab.