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].

Last updated