About Schwabct
Schwabct is a Technology company based in Chicago (United States) founded in 2005 by Charles R Schwab, and was acquired by MyComplianceOffice in March 2022. Compliance management solutions are delivered via a software platform. Its chief executive, as recorded, is Walter W. Bettinger. The company was acqui-hired. Its focus areas include FinTech, Finance & Accounting Tech, Risk & Compliance Management and E-invoicing Compliance. Its competitors include OpenEnvoy, Trustero and Mosey; 3 of its 3 listed competitors have raised funding.
Company details
Schwabct was founded in 2005 and is headquartered in Chicago, United States. Operations focus on the financial technology sector, where a software-based platform is utilized to manage compliance requirements. Services encompass tools for regulatory adherence, risk assessment, and reporting tailored to institutional clients. The platform supports various compliance workflows across industries such as finance and healthcare, ensuring data security and operational efficiency in a regulated environment.
- Headquarters Chicago, United States
- Founders Charles R Schwab
- Stage Acquired
- SectorsTechnology
- Website schwabct.com
- Acquired by MyComplianceOffice (Mar 2022)
- Investors
- Acquired byMyComplianceOffice
(Mar 2022)
Investors in Schwabct
Schwabct has secured backing from 1 investor. Prominent investors backing the company include MyComplianceOffice.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Cloud-based regulatory intelligence solutions are offered to financial institutions. | 2005 | mycomplianceoffice.com | New York, United States |
Investor details for Schwabct
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People of Schwabct
2 people are tracked at Schwabct (2 in leadership).
| Name | Role | Group |
|---|---|---|
Charles R Schwab | Founder | Leadership |
Walter W. Bettinger | President & CEO | Leadership |
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Timeline of Schwabct
2 dated milestones of Schwabct across 17 years, from founding to its latest funding, stage changes and deals.
- Founded Schwabct is founded.
- Exit Acquired by MyComplianceOffice.
Competitors of Schwabct
Schwabct has 3 listed competitors in our database, 3 of them funded. They include OpenEnvoy, Trustero and Mosey.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| openenvoy.com | 2020 | Las Vegas, United States | $21.5M | Cloud-based AI detects fraud in business accounts payable processes. | ||
| trustero.com | 2020 | Palo Alto, United States | $18.35M | AI-powered GRC compliance automation software is developed. | ||
| mosey.com | 2021 | San Francisco, United States | $38.07M | Payroll management and compliance are automated via SaaS platform. |
Detailed competitors of Schwabct
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Top companies in Finance & Accounting Applications
3 companies that operate in the same segment as Schwabct (Finance & Accounting Applications) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Cloud-based accounts payable and receivable software for businesses | 2006 | Palo Alto, California, United States | USD 325.6 M | USD 1.65 B | 3,108 | |
Corporate travel and expense management are facilitated through SaaS platform. | 2015 | Palo Alto, California, United States | USD 1.58 B | USD 3.52 M | 847 | |
Financial and accounting software is developed for businesses and individuals. | 1983 | Mountain View, California, United States | USD 49.62 M | USD 21.45 B | 18,200 |
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Related news about Schwabct
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Frequently Asked Questions about Schwabct
Schwabct was founded in 2005.
Schwabct is headquartered in Chicago, United States. It is registered at Chicago, Illinois, United States.
Walter W. Bettinger is the CEO of Schwabct, as recorded in our data.
Schwabct was founded in 2005 and is headquartered in Chicago, United States. Operations focus on the financial technology sector, where a software-based platform is utilized to manage compliance requirements. Services encompass tools for regulatory adherence, risk assessment, and reporting tailored to institutional clients. The platform supports various compliance workflows across industries such as finance and healthcare, ensuring data security and operational efficiency in a regulated environment.
Schwabct has 1 investor. Key investors include MyComplianceOffice.
Yes. Schwabct was acquired by MyComplianceOffice in March 2022.