Sector Updates

Stake, the network for renters that connects properties, financial services, and neighbourhoods through a Cash Back platform, has closed $8m in new debt and...

Parisian InsurTech Alan has reached a valuation of €5bn following a €100m funding round, strengthening its position as one of Europe’s most valuable insurance...

The Monetary Authority of Singapore (MAS) has released new supervisory guidance aimed at strengthening how financial institutions manage climate-related risks, issuing updated environmental risk...

Spin.AI, an AI-powered cloud security and data protection platform, has received an investment from K1 Investment Management (K1), one of the largest investors in...

KYC remediation has become an increasingly important operational priority for banks as regulators intensify scrutiny of AML and KYC controls. At its core, remediation...

Socotra, a U.S.-based cloud-native insurance platform, has launched Socotra Assistant, an AI underwriting tool embedded in Operations Workbench to improve productivity, accuracy, and regulatory...

The UK’s financial watchdog has quietly adjusted how firms monitor regulatory expectations, introducing a new framework designed to provide clearer guidance across key sectors....

Gen, a global embedded marketplace platform, has acquired Trellis, a technology-driven insurance shopping platform, to integrate its AI-powered capabilities into Engine by Gen. The acquisition...

OpenAI has announced plans to acquire Promptfoo, an AI security platform specialising in testing and identifying vulnerabilities in AI systems during development. The acquisition is...

Toronto-based Manulife, a leading life insurance and financial services provider, has partnered with Akka, a provider of enterprise-scale software solutions, to strengthen its enterprise...