Tiller

Tiller delivers a personal finance service, automating daily transactions, balances, and budgets directly into Google Sheets and Excel. Securely connected to banks, it offers flexible templates for a comprehensive, customized financial overview. This grants users detailed control and deep analytical capabilities within familiar spreadsheet tools, an adaptable alternative to standard budgeting applications.

Founded in 2016, Tiller emerged from observing that financially confident individuals often managed money via spreadsheets. The founders identified a market need to merge automated financial data feeds with powerful spreadsheet customization. This innovation allows users to build personalized financial systems, blending automated tracking with adaptable analysis.

Tiller serves individuals prioritizing transparency and control over personal finances, especially those valuing data ownership and spreadsheet analytics. The company’s vision is to empower users with accessible, adaptable tools for profound financial health understanding, fostering informed decisions and cultivating long-term financial well-being via a flexible, user-managed data methodology.

High-Level Overview

Tiller Technologies is a Jersey-based fintech company specializing in digital solutions for regulated financial services businesses, such as banks, wealth managers, and financial advisors. It builds SaaS products like Verify by Tiller for automated customer onboarding, AML/KYC compliance, identity verification, PEP/sanctions checks, bank account validation, and data monitoring, solving pain points in complex, manual onboarding processes that cause friction and delays.[1][3][4] The Connect suite (part of WealthXcel) further enables modular wealth management tools for automated risk assessment, portfolio monitoring, and reporting, serving supervised entities needing compliant, scalable digital client journeys with strong growth via a partner ecosystem and frequent updates.[1][3]

Origin Story

Founded in 2019 and headquartered in St Helier, Jersey, Tiller Technologies was established by co-founders Jonathan Wauton (CEO) and Ian Cadby (Board Advisor), leveraging over 30 years of combined experience in capital markets, compliance, software engineering, and entrepreneurship.[1][4] Initially focused on bespoke solutions for financial services in stringent offshore regulatory environments, the company pivoted to scalable SaaS with the January 2023 launch of Verify by Tiller, a digital AML platform that expanded its reach to streamline onboarding for a broader range of regulated businesses.[4] Early traction came from industry expertise and awards, with testimonials highlighting efficiency gains in remediation projects, humanizing its role as a compliance partner amid rising digital demands.[4]

Core Differentiators

• Regulatory Expertise & Compliance Focus: Deep knowledge of offshore frameworks, with certified platforms undergoing regular penetration testing; delivers "confidence" beyond tech via in-house compliance experts.[3][4]
• Modular, Scalable Products: Prebuilt components like Onboard, PEP checks, bank verification, and Data Monitor assemble quickly for custom wealth journeys (e.g., WealthXcel Connect/Construct for portfolio drift monitoring), reducing time-to-market.[1][3]
• Boutique Experience: Seamless implementation, ongoing support, and a growing ecosystem of fintech, data, and custodian integrations, prioritizing hybrid digital/blended approaches.[3][4]
• Innovation Edge: Frequent updates, global scale, and automation (e.g., real-time AML/KYC in seconds without paperwork), setting it apart from generic providers.[1][3][4]

(Note: Distinct from unrelated entities like Tiller Systems (POS for restaurants, acquired by SumUp) or consumer finance Tiller (spreadsheet budgeting).[2][5][6])

Role in the Broader Tech Landscape

Tiller rides the regulatory tech (RegTech) wave in fintech, addressing escalating AML/KYC demands amid global anti-money laundering pressures and digital transformation in wealth management.[1][3][4] Timing aligns with post-pandemic shifts to remote onboarding, where manual processes fail under scrutiny from regulators like those in Jersey's offshore hub, favoring automated, compliant tools that cut friction and enable scale.[1][4] Market forces—rising compliance costs, data privacy laws (e.g., GDPR equivalents), and fintech adoption by traditional finance—boost Tiller, influencing the ecosystem by powering banks/advisors' client portals and portfolio tools, fostering a partner network that accelerates industry-wide digitization.[3]

Quick Take & Future Outlook

Tiller is poised for expansion as RegTech demand surges with AI-driven compliance and embedded finance trends, potentially deepening WealthXcel integrations for full-stack wealth platforms. Evolving regulations and hybrid work will amplify its modular edge, growing influence via ecosystem partnerships and offshore/global scaling—positioning it as a compliance enabler in fintech's regulated future, building on its award-winning foundation for regulated innovation.[3][4]