A Humber firm that provides automated compliance services to other business has set out its plans for growth in Europe.
Rubicon Bridge works with Amazon and Amazon sellers specialising in vitamins and food supplements, helping vendors scale internationally by meeting different overseas regulatory and labelling requirements. The six-year-old business has hailed a “milestone” in adding Ireland, Poland and Sweden to its regtech tool, with plans to soon all the major ecommerce markets in Europe.
Bosses have pointed to international growth following the opening of offices in Amsterdam and Salt Lake City.
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Kathryn Brown, managing director at Rubicon Bridge, said: “We are delighted with the rapid growth of Rubicon Bridge across Europe and adding these three new countries puts us in a fantastic position in Europe. The next ambitious step is to expand internationally and into an array of new categories. We are seeing our revenue continue to grow in Europe as well as the USA, from where 35% of it now comes.”
Last year Blue Rubicon, which is based out of Hull’s C4DI tech hub, received recognition from the Department for Business and Trade for its regulatory platform, which aims to substantially reduce the burden encountered by sellers when entering new markets.
On launching its product with Amazon, Blue Rubicon said there was “no ceiling” to its growth potential. Sharon Stathers, international trade adviser at the Department for Business and Trade, said at the time that it was was exciting to see a regional business like Rubicon not only thrive internationally but to also support other businesses grow and scale in a complex regulatory environment.
Regulatory experts and co-founders, Emma Hunt and Kathryn Brown, were inspired to develop the tool following decades of first-hand experience navigating the complexities of such compliance.
Original artice – https://business-live.co.uk/all-about/yorkshire-humber