It was a slower week for the FinTech sector, compared to some in the past couple of months. A total of $623m was raised across 17 deals.  This week was a noticeable decline from last week, which saw $806m raised across 23 deals. Last week was bolstered by a couple of major deals, including digital bank Plata, which raised $405m...

Goldwise, a UK FinTech founded by former Royal Mint executives, has launched a mobile trading platform designed to give savers and investors a simpler way to buy, manage and sell fractional physical gold, silver, platinum and palladium. The platform is built around the Goldwise Engine, a proprietary enterprise-grade infrastructure that handles customer onboarding, institutional pricing and execution, payments, allocation, custody...

Nearly half of consumers worldwide are now turning to artificial intelligence to inform their savings and investment choices, according to EY, a professional services firm, in findings that point to a significant shift in how people engage with financial services. The second EY Global AI Sentiment Survey, which polled more than 18,000 people across 23 countries, found that 49% of...

Adyen, the global financial technology, has agreed to acquire Berlin-based loyalty and incentives platform Talon.One for a total consideration of €750m. The deal will see Adyen purchase 100% of shares in Talon.One, a platform serving more than 300 merchants worldwide, with the acquisition to be funded entirely from Adyen's existing cash reserves. Talon.One co-founders Christoph Gerber and Sebastian Haas will reinvest...

Document management specialist M-Files has unveiled three new industry-specific applications: M-Files for Tax Advisory, M-Files for Quality, and M-Files for Contracts. This marks a significant step in the company's strategy to deliver targeted, outcome-driven software across professional services and regulated industries. The trio of new products is built on M-Files' AI-native, context-first architecture, which leverages an enterprise knowledge graph to...

Financial services firms are increasingly turning to Delta Parquet, an open-source, column-oriented file format designed to dramatically reduce the cost and time associated with processing large-scale datasets used in analytics, artificial intelligence (AI) and machine learning (ML) workflows. Built on the widely adopted Parquet file format, Delta Parquet extends its columnar storage capabilities with transaction logs, schema enforcement and performance...

A global payments processor operating across more than 200 countries and territories has overhauled its compliance and financial crime operations by deploying SymphonyAI's cloud-native platform, achieving a tenfold improvement in alert processing speeds through agentic AI. The unnamed processor, whose network handled in excess of 200 billion transactions in its 2024 fiscal year, had been grappling with a compliance infrastructure...

Astor, an SEC-registered AI-native investment advisory platform, has closed a $5m seed funding round to expand access to personalised financial guidance for everyday American investors. The round was led by Monashees, with contributions from Y Combinator, Goodwater Capital, Gilgamesh Ventures, 468 Capital, Valutia, Sunshine Lake, and individual investors from Stripe and OpenAI. Since going live, the platform has drawn thousands of...

Petual, an AI-powered audit and compliance platform, has secured $20m in funding to modernise Sarbanes-Oxley (SOX) compliance and internal audit functions at enterprise scale. The round drew backing from Andreessen Horowitz, First Round Capital, Cowboy Ventures, and investor Elad Gil. The capital will go towards accelerating product development and expanding the company's go-to-market operations. Petual's agentic AI platform automates the gathering...

Nigeria's era of manual compliance is drawing to a close. In March 2026, the Central Bank of Nigeria (CBN) updated its Baseline Standards for Automated AML/CFT/CPF Solutions, marking a decisive shift in how the country's financial institutions are expected to combat money laundering, terrorist financing, and proliferation financing. According to ComplyAdvantage, the move aligns Nigeria more closely with Financial Action...