Sector Updates

In the first half of 2025, natural disasters caused around $131bn in potential insurance losses globally. Only about $80bn of that was insured. What remains is an uninsured black hole larger than the GDP of Bahrain.

How extreme weather is widening insurance protection gaps

In the first half of 2025, natural disasters caused around $131bn in potential insurance losses globally. Only about $80bn of that was insured. What...
Tracebit

Security canary firm Tracebit bags $25m Series A

Tracebit, a cybersecurity company that deploys security canaries to help enterprises detect intruders, has closed a Series A funding round, bringing its total investment...
Turquoise Health raises $40m Series C to fix healthcare pricing

Turquoise Health raises $40m Series C to fix healthcare pricing

Turquoise Health, a multi-sided healthcare pricing and payment platform, has raised $40m in a Series C funding round to accelerate its mission of bringing...
Candex extends Series C to $40m with HSBC investment

Candex extends Series C to $40m with HSBC investment

Candex, a vendor management and tail-spend solutions provider for global enterprises, has extended its Series C funding round to over $40m following a strategic...
Surf

Surf AI raises $57m to tackle enterprise security ops

Surf AI, an agentic operations platform built for modern security teams, has launched with $57m in funding aimed at accelerating the development of its...

Fuse launches $5m rescue fund for credit unions

Fuse, an AI-native loan origination and account opening platform, has announced a $5m initiative aimed at freeing credit unions from long-term contracts with legacy...
Akur8, a global actuarial AI platform, has acquired Slope Software, a cloud-native actuarial modelling provider for life insurers and pension firms, expanding its capabilities into the life and annuity market.

Akur8 buys Slope Software to broaden actuarial platform

Akur8, a global actuarial AI platform, has acquired Slope Software, a cloud-native actuarial modelling provider for life insurers and pension firms, expanding its capabilities...
Novidea, a global cloud-native insurance platform provider, has released a platform update designed to reduce manual rework, improve data integrity, and accelerate high-volume processing across policy, claims, bordereaux, and accounting workflows.

Novidea upgrades platform to streamline insurance workflows

Novidea, a global cloud-native insurance platform provider, has released a platform update designed to reduce manual rework, improve data integrity, and accelerate high-volume processing...
Upvest

Upvest secures $125m to modernise Europe’s banking infrastructure

Upvest, an API-first investment infrastructure provider, has secured $125m in new financing to accelerate the modernisation of legacy banking systems across Europe and the...
Key regulatory shifts hit fund managers in 2026

Key regulatory shifts hit fund managers in 2026

International fund managers operating across multiple jurisdictions are facing a fresh wave of regulatory updates, with Saudi Arabia, Guernsey and Italy all implementing notable...

News Stories

10x Banking and Tweezr partner to speed core migration

10x Banking and Tweezr partner to speed core migration

10x Banking, the cloud-native core banking platform, has announced a partnership with Tweezr, a deterministic AI provider specialising in legacy system understanding, aimed at...
Iress partners with Thoughtworks to modernise wealth platform

Iress partners with Thoughtworks to modernise wealth platform

Iress, a financial software provider serving the wealth management sector, has announced a strategic partnership with global technology consultancy Thoughtworks to accelerate the modernisation...

Closing the pension communication gap in 2026

WealthTech firm Kidbrooke has identified a structural gap threatening the Netherlands' WTP transition: insurers hold the participant data advisers urgently need, but no working...
Q1 2026 wealth trends: resilience over risk

Q1 2026 wealth trends: resilience over risk

The first quarter of 2026 largely vindicated earlier predictions for the wealth management sector, with less noise, more execution, and a sharper focus on...
FinTech

FinTech funding remains strong in healthy week for FinTech deals

A total of $814m was raised across the 17 funding rounds reported on by FinTech Global this week, matching a similar amount recorded last...

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