Copla raises €6M Series A to support EU regulatory compliance


Copla, the European regtech innovator transforming compliance for financial services, has secured €6 million in a Series A funding round that signals growing urgency around operational resilience in an increasingly regulated and threat-prone digital economy. The investment was led by Baltic DeepTech & AI-focused venture capital firm Iron Wolf Capital, with additional backing from US-based Operator Stack and a cohort of returning investors including Specialist VC, SuperHero Capital, FirstPick, NGL Ventures, Loggerhead Partners, and a network of angel investors.

This funding comes at a critical juncture for Europe’s financial sector. Regulatory frameworks such as the Digital Operational Resilience Act (DORA) are already in force, with the EU AI Act’s key obligations set to take effect in August 2026 and the Cyber Resilience Act scheduled for December 2027. Simultaneously, AI-powered fraud, deepfake-driven social engineering, and automated cyberattacks are escalating, placing immense pressure on institutions to reinforce governance and risk controls. For fintechs and regulated third-party providers—especially those scaling rapidly with lean compliance teams—these overlapping demands present a daunting operational challenge.

According to the European Union Agency for Cybersecurity (ENISA), ransomware attacks have disproportionately targeted smaller and less-established financial service providers, accounting for 29 percent of incidents across the sector. In many cases, attackers exfiltrate sensitive data for sale on dark web marketplaces, compounding both financial and reputational damage. For regulated entities, compliance failures can trigger regulatory penalties, erode customer trust, or even result in the revocation of operating licences.

Copla’s platform addresses these converging pressures by offering an Information and Communication Technology (ICT) compliance infrastructure that translates dense regulatory texts into actionable, guided workflows. The system continuously tracks compliance activities, maintains a live repository of evidence, and automates audit preparation—dramatically reducing the reliance on error-prone spreadsheets and manual processes. By integrating real-time updates as regulations evolve, Copla enables organisations to stay ahead of compliance obligations without diverting disproportionate resources from core business growth.

“Regulation is getting sharper, but most compliance is still stuck in spreadsheets,” said Aurimas Bakas, Co-founder and CEO of Copla. “We built Copla so compliance stays current by default, and so companies can grow with confidence instead of audit anxiety. This round gives us the momentum to make Copla the default compliance execution layer for regulated finance in Europe and beyond.”

The platform’s architecture maintains continuously updated records of critical assets, vendors, risks, and controls, automatically adapting as both regulatory requirements and business contexts shift. Beyond the software, Copla augments its offering with in-house and fractional Chief Information Security Officer (CISO) expertise, alongside a pan-European partner network, to support clients through audits, risk assessments, and regulatory filings.

Founded in 2023 by Aurimas Bakas (CEO), Andrius Minkevičius (CTO), and Nojus Bendoraitis (Chief Legal Officer), Copla draws on deep fintech and regulatory expertise. Bakas and Minkevičius previously co-founded Paysolut, a core banking platform acquired by SumUp in 2021, while Bendoraitis brings a background in legal and compliance leadership across regulated industries.

The fresh capital will fuel Copla’s product roadmap, international expansion beyond the EU, and team growth. A key development in the pipeline is Copla Bridge, a multi-entity compliance management layer designed to allow partners, consultants, and organisations operating across multiple jurisdictions to oversee and coordinate compliance activities from a unified dashboard—streamlining governance at scale.

As financial services digitisation accelerates and regulatory scrutiny intensifies, Copla’s real-time compliance infrastructure positions it as a critical enabler for institutions seeking to balance innovation with resilience. With this investment, the company is poised to expand its footprint and solidify its role as the operational backbone for regulatory compliance in Europe’s evolving financial landscape.

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