Scottish Equity Partners Backs Regtech Firm FundApps Scottish Equity Partners has invested in FundApps, a UK-based Regtech, for an undisclosed amount according to a note from the company. FundApps is described as a “ compliance-as-a-service” (CaaS) business, that improves the way investment managers deal with the regulatory burden by combining cloud technology, regulatory expertise, market data and the FundApps Community. FundApps reports over 100 clients, ranging from hedge funds, asset managers, and sell-side financial firms. FundApps claims that its services monitor over 10% of global assets under management. Andrew Patrick White, founder and CEO of FundApps, said they were delighted to have SEP on board: