Is VALR regulated?

Good day, I was perusing the crypto market and came across VALR as a platform for trading. In the interest of safety and compliance, I must inquire, is VALR regulated by any governing body or financial authority? I'm particularly interested in knowing if they adhere to any regulatory frameworks that ensure the protection of investors' funds and maintain a high level of transparency in their operations. Clarity on this matter would greatly aid in my decision-making process. Thank you for your attention to this matter.