Regulatory technology firm Rubicon Bridge heads Stateside as it secures Santander tie-up

Hull-based regulatory technology company Rubicon Bridge is heading Stateside, while partnering with banking giant Santander to widen its services on the home front.

The company helps brands scale quicker in new international markets, and is setting up an office in Salt Lake City. It follows expansion into Europe with an Amsterdam office for the business that provides a self-serve solution to check compliance and prepare packaging for product export.

Utah is home to the ‘Silicon Slopes’ due to the number of tech companies now based there, with a backdrop of a multi-billion dollar nutraceutical industry to immerse itself in.

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Rubicon has developed a niche with food supplement companies, with its Reg Tech Tool adopted by Amazon and now Santander. The latest move sees it offered through the bank’s online help platform.

Managing director Kathryn Szymonowicz, who co-founded the C4DI-based business with technical director Emma Hunt, building on experience in the sector having served with Galpharm and Seven Seas-owning Merck, is excited by both developments.

“The combination of tech and nutraceutical industries in Salt Lake City is the perfect base for Rubicon,” she said of the US venture, adding that the team is now recruiting across the Atlantic. Hull-based employees have been flying out on secondments to help prepare for the launch for the past six months.

On the banking addition, hot on the heels of the Amazon addition to its European Service Provider Network – allowing any seller in the EU to access it – Kathryn said it was a perfect partnership to facilitate further growth. “Santander Navigator is an online platform that helps businesses identify growth opportunities, navigate bureaucratic challenges and optimise logistics,” she said. “We’re really proud to be partnering with Santander to help businesses grow quicker, and venture into new markets.”

The launch in spring saw it earn Department for Business and Trade backing as it saves companies vast amounts of time, providing the ability to bring brands to market much faster. Alongside the tech tool the business also offers consultancy on compliance across a range of allied sectors.

Original artice – https://business-live.co.uk/all-about/yorkshire-humber

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