FundApps Group Structure Overview

📝This page gives a clear overview of the FundApps Group structure and ownership chain as of Dec 2025.

At a glance

• The ultimate controlling investors sit above the Rio Group entities. There are no external minority investors at the operating‑company level.

• The operating businesses are FundApps and SteelEye, with regional subsidiaries for certain markets.

• All operating subsidiaries are wholly owned, except where local law requires a nominal share to be held by a local director (noted below). None of the local formalities impact the group's control of its subsidiaries.

• There are no registrable beneficial owners; the company is controlled by its Board. Senior managing officials are disclosed as required under PSC/UBO regulations (see below).

---

Ultimate beneficial ownership (UBO)

• Ownership is held via institutional holding companies within the Rio Group.

• No single natural person meets the 25% UBO threshold. No individual directly or indirectly owns or controls 25% or more of the shares or voting rights in FundApps Ltd or SteelEye Limited.

• Control is exercised collectively by the Board; the directors may be treated as UBOs in their capacity as senior managing officials (SMOs).

• As no natural person can be identified via ownership or control, the following directors of Rio Group Topco Ltd are recorded as Persons with Significant Control in the capacity of Senior Managing Officials (SMOs):

  • Tom Gavin (Independent Chairman)

  • Brad Bernstein, Richard Earnshaw, Max Weber (FTV)

  • Vivek Syal, Andrew White (FundApps)

• If you require Director identification details (such as certified passport), please send your request to [email protected].

---

UK Persons with Significant Control (PSC)

• FundApps Ltd: Registrable PSC is Rio Group Topco Limited (Company No. 16541855), registered office 18th Floor, Hylo 105 Bunhill Row, London, England, EC1Y 8LZ. [1]

• SteelEye Limited: Registrable PSC is Rio Group Topco Limited (Company No. 16541855), registered office 18th Floor, Hylo 105 Bunhill Row, London, England, EC1Y 8LZ. [1]

---

Ownership chain (top to operating companies)

1

FTV VIII, L.P. (Delaware)

Top-level investor entity.

2

Rio TopCo, L.P. (Delaware)

Held under the FTV VIII, L.P. structure.

3

Rio Group Topco Limited (England & Wales)

Holds 100% of Midco.

4

Rio Group Midco Limited (England & Wales)

Holds 100% of Bidco.

5

Rio Group Bidco Limited (England & Wales)

Holds 100% of Falcon Group Bidco Limited and FundApps Ltd.

6

Falcon Group Bidco Limited (England & Wales)

Holds 100% of SteelEye Limited.

---

Operating companies and subsidiaries

Entity	Jurisdiction	Ownership	Notes
FundApps Ltd	England & Wales	100%	Owned by Rio Group Bidco Limited
FundApps Inc	Delaware, USA	100%	Owned by FundApps Ltd
FundApps Pte Ltd	Singapore	100%	Owned by FundApps Ltd
SteelEye Limited	England & Wales	100%	Owned by Falcon Group Bidco Limited
SteelEye US Inc.	Delaware, USA	100%	Owned by SteelEye Limited
SteelEye Singapore Private Limited	Singapore	100%	Owned by SteelEye Limited
SteelEye Portugal Unipessoal, LDA	Portugal	100%	Owned by SteelEye Limited
SteelEye India Private Limited	India	99.9%*	*One equity share is held by a local director to meet local law. SteelEye Limited retains a call option over that share.

---

Registered numbers and addresses

Entity	Company / Registration Number	Registered Address	Office Address	Jurisdiction
FundApps Ltd	07380035	6th Floor 9 Appold Street, London, United Kingdom, EC2A 2AP	18th Floor, HYLO, 105 Bunhill Row, London EC1Y 8LZ	United Kingdom
FundApps Inc	6128527	Corporation Trust Center, 1209 Orange Street, Wilmington, New Castle County, Delaware 19801	276 5th Ave, #808, New York, NY 10001, USA	Delaware, USA
FundApps Pte Limited	202301523G	38 Beach Road, #29-11 South Beach Tower, Singapore 189767	71 Robinson Road, Singapore 068895	Singapore
SteelEye Limited	10581067	5th Floor, 55 Strand, London, WC2N 5LR	5th Floor, 55 Strand, London, WC2N 5LR	England & Wales
SteelEye US Inc.	5421210	919 North Market Street, Suite 725, Wilmington, County of New Castle, Delaware 19801, USA	600 Fifth Avenue, New York, NY 10020, USA	Delaware, USA
SteelEye Singapore Private Limited	202408545M	600 NORTH BRIDGE ROAD #23-01 PARKVIEW SQUARE SINGAPORE 188778	600 NORTH BRIDGE ROAD #23-01 PARKVIEW SQUARE SINGAPORE 188778	Singapore
SteelEye Portugal Unipessoal, LDA	516372009	Avenida da República, Nº 50, 10º, 1069-211 Lisboa, Portugal	Avenida da República, Nº 50, 10º, 1069-211 Lisboa, Portugal	Portugal
SteelEye India Private Limited	U74999KA2018FTC109662	No 7 KSRTC LAYOUT, CHIKKALASANDRA, BANGALORE, Bangalore, Karnataka, India, 560061	No 7 KSRTC LAYOUT, CHIKKALASANDRA, BANGALORE, Bangalore, Karnataka, India, 560061	India

---

Visual chart

---

Contacts

For confirmations required in RFPs, DDQs, identification documents or contractual schedules, please reach out to the Legal team on [email protected].