Zango Global raised $4.8 million in seed funding led by Nexus Venture Partners to provide artificial intelligence agents to financial firms and banks, with an aim to transform how they deal with regulatory compliance. Zango uses AI agents, a type of artificial intelligence software that can make decisions, do research and achieve specific goals with a degree of autonomy. Agents are designed to carry out tasks with minimal or no human oversight, while adapting to changing circumstances. This allows them to continuously integrate knowledge, including regulatory information, so they can respond to inquiries or draft consulting reviews complete with citations. The company said its large language models and AI agents don’t just read and interpret regulations with a high degree of accuracy. They can integrate directly into a company’s day-to-day operations. In one example given by Zango, a bank involved with a regulator had a process that would have taken 48 hours, reduced to under four hours using the agentic AI platform. Using the platform, the company said, aiming to remain compliant and launching a new product or service can be as simple as spinning up an agent and asking: “I want to launch a lending product in X market. What do I need to do?” The agents will go to work, track down all the necessary resources and produce research, compliance requirements, records, citations, an impact assessment and a gap analysis helpful for future-proofing the product.