Copla, a European regtech company building real-time compliance infrastructure for regulated financial services, has raised €6 million in a Series A funding round led by Baltic DeepTech and AI investor Iron Wolf Capital.
US-based Operator Stack joined the round, alongside existing investors Specialist VC, SuperHero Capital, FirstPick, NGL Ventures, Loggerhead Partners, and several angel investors.
Regulatory Pressure Intensifies Across Europe
The funding comes at a time of significant regulatory change for financial institutions across Europe. The Digital Operational Resilience Act is already in force, major provisions of the EU AI Act are set to apply from August 2026, and the Cyber Resilience Act will follow from December 2027.
At the same time, AI-driven risks including automated fraud and increasingly sophisticated social engineering attacks are placing additional pressure on compliance and risk teams. Traditional, spreadsheet-based approaches are struggling to keep pace with these evolving demands.
For fintech companies and regulated third-party providers in particular, the challenge lies in scaling operations while building robust governance and risk frameworks with limited internal resources.
According to the European Union Agency for Cybersecurity, ransomware incidents in the European financial sector have disproportionately impacted smaller and less-established providers, accounting for 29 per cent of reported cases. Data exposure and resale have been cited as frequent consequences.
For regulated firms, cybersecurity and compliance gaps can lead to financial penalties, reputational damage, or even the loss of operating licences.
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Real-Time Compliance Execution
Copla’s Information and Communication Technology compliance platform is designed to help organisations interpret and operationalise frameworks such as DORA, the EU AI Act, and the Cyber Resilience Act.
The system translates regulatory requirements into structured workflows, tracks compliance activities continuously, and stores supporting evidence to simplify audit preparation and risk management. Rather than relying on static documentation, the platform maintains live records of assets, vendors, risks, and controls that update as business conditions and regulations evolve.
Aurimas Bakas, Co-founder and CEO of Copla, said that while regulation is becoming more precise and demanding, many organisations still rely on outdated tools. He explained that Copla was built to keep compliance up to date by default, allowing companies to focus on growth rather than audit-related uncertainty.
In addition to its software platform, Copla provides access to in-house and fractional CISO expertise and works with a network of European partners to support audits, risk assessments, and regulatory processes.
Expanding Product And Geographic Reach
Founded in 2023 by Aurimas Bakas, Andrius Minkevičius, and Nojus Bendoraitis, Copla brings together experience across fintech, cybersecurity, and regulatory compliance. Minkevičius previously co-founded core banking platform Paysolut, which was acquired by SumUp in 2021.
The new capital will be used to expand the product, grow the team, and support international expansion beyond the European Union.
Part of the investment will go toward enhancing Copla Bridge, a new platform layer designed to help consultants, partners, and multi-entity organisations manage compliance across multiple companies from a unified interface.
About Copla
Founded in 2023, Copla is a European regtech company developing a real-time compliance execution platform for regulated financial services. Its ICT compliance infrastructure helps organisations operationalise regulatory frameworks, maintain continuous oversight of risk and controls, and prepare efficiently for audits, enabling secure and scalable growth in increasingly complex regulatory environments.
