Company:NayaOne
| Type | Private |
|---|---|
| Industry | Financial technology, enterprise software |
| Founded | 2019 |
| Headquarters | , United Kingdom |
Key people | Karan Jain (CEO) |
| Website | nayaone |
NayaOne is a British financial technology company based in London that provides sandbox infrastructure for testing financial and artificial intelligence technologies. Since 2023, it has built and operated the Financial Conduct Authority's Digital Sandbox.[1]
Its infrastructure has also been used in regulatory and innovation programs involving organizations including Lloyds Banking Group, the World Economic Forum and CzechInvest.[2][3][4] NayaOne's AI Sandbox is included in the UK government's AI Assurance Techniques portfolio and the OECD.AI catalogue.[5][6] The company also provides infrastructure for the FCA's AI-focused Supercharged Sandbox, which incorporates Nvidia technology, with Anthropic supporting its second cohort.[7][8]
History
NayaOne was founded in 2019. In 2021, Karan Jain was appointed CEO, and the company adopted the name NayaOne Limited.[9][10][11]
In October 2022, Lloyds Banking Group launched an innovation sandbox supported by NayaOne.[12] In April 2023, the FCA selected NayaOne to build and operate its permanent Digital Sandbox.[13][14] The same year, Valley Bank launched a NayaOne-powered innovation platform, and Valley Ventures later took part in NayaOne's 2024 funding round.[15][16]
NayaOne's AI Sandbox is listed in the UK Department for Science, Innovation and Technology and the OECD.AI catalogue.[17][18] In June 2025, the FCA launched the Supercharged Sandbox using NayaOne infrastructure and Nvidia technology.[19][20] The following year, the FCA extended the partnership, and Anthropic supported the second cohort.[21]
NayaOne also provided infrastructure for the World Economic Forum's UAE TradeTech Regulatory Sandbox, which involved eight companies and four UAE regulators.[22]
In 2025, CzechInvest selected NayaOne to provide the technical-testing environment for the Czech Fintech Regulatory Sandbox. Twenty-one projects entered the programme's main testing phase in February 2026.[23]
Platform
NayaOne provides digital sandbox environments for testing third-party technologies without access to production systems. These environments can include cloud resources, synthetic or anonymised data, APIs and development tools.[24][25]
Its AI Sandbox is used to evaluate AI systems, including through performance, bias, risk, transparency and compliance testing.[26] Nvidia has described its use for testing AI applications, generating synthetic data and benchmarking systems.[27]
Industry collaborations
In 2025, NayaOne contributed synthetic datasets to a FINOS initiative on AI evaluation in financial services. The datasets covered 10 product types, 21 subcategories and nearly 900 market identifiers.[28][29]
NayaOne also partnered with the FCA on Open Finance TechSprints focused on mortgages and SME finance.[30]
The City of London Corporation reported that NayaOne supported a quantum-computing hackathon with IBM focused on fraud detection, market simulation and post-trade applications.[31]
NayaOne also supported the UK Smart Data Challenge Prize, providing finalists with access to a Smart Data sandbox.[32] In 2022, NayaOne and FinTech North launched a regional programme providing financial institutions in northern England with access to a digital sandbox and technology providers.[33]
Funding
NayaOne raised US$4.7 million in February 2024. The round was led by EJF Capital and included Valley Ventures and Carthona Capital.[34]
Recognition
In 2024, NayaOne ranked 29th in Deloitte's UK Technology Fast 50, which listed the company's revenue growth at 875%.[35]
See also
- Regulatory sandbox
- Financial technology
- Regulatory technology
References
- ↑ "UK's FCA selects NayaOne to build and operate Digital Sandbox platform". FinTech Futures. April 2023. https://www.fintechfutures.com/fintech-innovation/uk-s-fca-selects-nayaone-to-build-and-operate-digital-sandbox-platform.
- ↑ "Advancing Digital Trade: Insights from the UAE TradeTech Regulatory Sandbox". World Economic Forum. https://www.weforum.org/publications/advancing-digital-trade-insights-from-the-uae-tradetech-regulatory-sandbox/.
- ↑ "Czechia's first regulatory sandbox commences testing phase for 21 fintech projects". CzechInvest. February 2026. https://czechinvest.gov.cz/en/Homepage/News/February-2026/Czechia%E2%80%99s-first-regulatory-sandbox-commences-testing-phase-for-21-fintech-projects.
- ↑ "Lloyds launches fintech sandbox with NayaOne". Finextra. October 2022. https://www.finextra.com/newsarticle/41159/lloyds-launches-fintech-sandbox-with-nayaone.
- ↑ "NayaOne's AI Sandbox". Department for Science, Innovation and Technology. 9 April 2024. https://www.gov.uk/ai-assurance-techniques/nayaones-ai-sandbox.
- ↑ "NayaOne's AI Sandbox". OECD Catalogue of Tools and Metrics for Trustworthy AI. 14 June 2024. https://oecd.ai/en/catalogue/tools/nayaones-ai-sandbox.
- ↑ "Supercharged Sandbox". Financial Conduct Authority. https://www.fca.org.uk/firms/innovation/supercharged-sandbox.
- ↑ Supporting fintech in the next phase of innovation (Speech). Financial Conduct Authority. 2026. Retrieved 2 September 2026.
- ↑ "NAYAONE LIMITED, company number 12117711". Companies House. https://find-and-update.company-information.service.gov.uk/company/12117711.
- ↑ "Former Westpac exec Karan Jain named CEO of NayaOne". Open Banking Expo. October 2021. https://www.openbankingexpo.com/news/former-westpac-exec-karan-jain-named-ceo-of-nayaone/.
- ↑ "NayaOne celebrates marketplace milestone with 100 fintechs on board". The Fintech Times. April 2022. https://thefintechtimes.com/nayaone-celebrates-marketplace-milestone-with-100-fintechs-on-board/.
- ↑ "Lloyds launches fintech sandbox with NayaOne". Finextra. October 2022. https://www.finextra.com/newsarticle/41159/lloyds-launches-fintech-sandbox-with-nayaone.
- ↑ "UK's FCA selects NayaOne to build and operate Digital Sandbox platform". FinTech Futures. April 2023. https://www.fintechfutures.com/fintech-innovation/uk-s-fca-selects-nayaone-to-build-and-operate-digital-sandbox-platform.
- ↑ "IFGS 2023: FCA and NayaOne partner on permanent digital sandbox". Finextra. April 2023. https://www.finextra.com/newsarticle/42150/ifgs-2023-fca-and-nayaone-partner-on-permanent-digital-sandbox.
- ↑ "Valley National Bank taps NayaOne for fintech innovation platform". FinTech Futures. 2023. https://www.fintechfutures.com/fintech-innovation/valley-national-bank-taps-nayaone-for-fintech-innovation-platform.
- ↑ "Bank-to-fintech matchmaker NayaOne raises $4.7 million". FinExtra. February 2024. https://www.finextra.com/newsarticle/43767/bank-to-fintech-matchmaker-nayaone-raises-47-million.
- ↑ "NayaOne's AI Sandbox". Department for Science, Innovation and Technology. 9 April 2024. https://www.gov.uk/ai-assurance-techniques/nayaones-ai-sandbox.
- ↑ "NayaOne's AI Sandbox". OECD Catalogue of Tools and Metrics for Trustworthy AI. 14 June 2024. https://oecd.ai/en/catalogue/tools/nayaones-ai-sandbox.
- ↑ "Supercharged Sandbox". Financial Conduct Authority. https://www.fca.org.uk/firms/innovation/supercharged-sandbox.
- ↑ "'AI Maker, Not an AI Taker': UK Builds Its Vision With NVIDIA Infrastructure". Nvidia. 8 June 2025. https://blogs.nvidia.com/blog/uk-ai-vision/.
- ↑ Supporting fintech in the next phase of innovation (Speech). Financial Conduct Authority. 2026. Retrieved 2 September 2026.
- ↑ "Advancing Digital Trade: Insights from the UAE TradeTech Regulatory Sandbox". World Economic Forum. https://www.weforum.org/publications/advancing-digital-trade-insights-from-the-uae-tradetech-regulatory-sandbox/.
- ↑ Czechinvest. "Czechia’s first regulatory sandbox commences testing phase for 21 fintech projects" (in en). https://czechinvest.gov.cz/en/Homepage/News/February-2026/Czechia%E2%80%99s-first-regulatory-sandbox-commences-testing-phase-for-21-fintech-projects.
- ↑ "NayaOne's AI Sandbox". Department for Science, Innovation and Technology. 9 April 2024. https://www.gov.uk/ai-assurance-techniques/nayaones-ai-sandbox.
- ↑ "UK's FCA selects NayaOne to build and operate Digital Sandbox platform". FinTech Futures. April 2023. https://www.fintechfutures.com/fintech-innovation/uk-s-fca-selects-nayaone-to-build-and-operate-digital-sandbox-platform.
- ↑ "NayaOne's AI Sandbox". Department for Science, Innovation and Technology. 9 April 2024. https://www.gov.uk/ai-assurance-techniques/nayaones-ai-sandbox.
- ↑ "Fintech Leaders Tap Generative AI for Safer, Faster, More Accurate Financial Services". Nvidia. https://blogs.nvidia.com/blog/generative-ai-financial-services/.
- ↑ "Building a shared benchmarking framework for AI in financial services". FINOS. 2025. https://www.finos.org/blog/building-a-shared-benchmarking-framework-for-ai-in-financial-services.
- ↑ "Open finance TechSprints: mortgages and SME finance". Financial Conduct Authority. 2026. https://www.fca.org.uk/publications/techsprints/open-finance-mortgages-sme-finance.
- ↑ "Open finance TechSprints: mortgages and SME finance". Financial Conduct Authority. 2026. https://www.fca.org.uk/publications/techsprints/open-finance-mortgages-sme-finance.
- ↑ "Quantum meets finance: hackathon sparks next-generation solutions in the City". City of London Corporation. https://news.cityoflondon.gov.uk/quantum-meets-finance-hackathon-sparks-next-generation-solutions-in-the-city/.
- ↑ "Smart Data Challenge Prize selects Moverly's digital property pack as winner". GOV.UK. https://www.gov.uk/government/news/smart-data-challenge-prize-selects-moverlys-digital-property-pack-as-winner.
- ↑ "New digital sandbox and marketplace to guide fintech innovation and collaboration in the UK". The Fintech Times. 2022. https://thefintechtimes.com/new-digital-sandbox-and-marketplace-to-guide-fintech-innovation-and-collaboration-in-the-uk/.
- ↑ "Bank-to-fintech matchmaker NayaOne raises $4.7 million". FinExtra. February 2024. https://www.finextra.com/newsarticle/43767/bank-to-fintech-matchmaker-nayaone-raises-47-million.
- ↑ "Fast 50 – Previous winners". Deloitte. https://www.deloitte.co.uk/fast50/winners/previous-winners/.
