The rapid adoption of generative AI is expected to significantly accelerate cyber fraud and impersonation attacks in 2026, according to new research from the World Economic Forum (WEF). The report suggests that while AI tools are driving productivity and innovation, they are also lowering the barriers for cybercriminals, enabling them to launch more sophisticated, scalable, and convincing attacks against...

Paris-based Stoïk, a European InsurTech specialising in cyber risk protection for businesses, has completed a €20m Series C funding round, aiming to strengthen its position in the European cyber risk market. The round was co-led by new investor Impala and existing investor Opera Tech Ventures. Current investors Alven and Andreessen Horowitz also participated, backing the company’s expansion plans, according to...

Dam Secure, an AI security start-up focused on securing AI-generated code for enterprises, has raised fresh capital as organisations race to adopt generative AI in software development. The company has secured $4m in a seed funding round led by Washington, D.C.-based cyber and AI investor Paladin Capital Group. Founded by Patrick Collins and Simon Harloff, Dam Secure is building an AI-native...

Brokerslink, a worldwide network supporting insurance and reinsurance brokers, has strengthened its international ecosystem with the addition of Vantel, a Sweden-based specialist insurance technology company focused on AI-powered transformation for commercial insurance brokers. The move sees Vantel join Brokerslink as a specialist affiliate, expanding the network’s capabilities across InsurTech, workflow automation and AI-enabled efficiency. The addition is aimed at helping brokers...

Patra, a provider of AI-powered software solutions and technology-enabled insurance outsourcing services, has expanded its Patra AI platform to support up to 85% of commercial insurance policy volume following a series of major product enhancements. The update includes four key milestones for Patra AI: industry-first support for Commercial Package policies (CPP), improved AI model performance, the introduction of monthly subscription...

Mal, an AI-native Islamic digital bank in development, has announced plans to launch as a mobile-first financial platform headquartered in Abu Dhabi, following a $230m investment round.  The company said it has closed its first investment round at $230m, led by Abu Dhabi-based asset manager BlueFive Capital, according to FinTech Finance. Set to launch in Q1 2026, Mal is being built...

The City of London Police has launched a new national service aimed at changing how victims and businesses across England, Wales and Northern Ireland report cyber crime and fraud — and how law enforcement and industry respond. The launch comes as cyber crime and fraud remain the most common crime type in the UK, accounting for around 50% of all...

Making an accurate prediction of the future of compliance has never been more challenging — or more important. For payments and banking firms, regulatory change is no longer something that arrives in simple, predictable cycles, but an ongoing stream shaped by geopolitical risk, supervisory scrutiny, and rapid innovation in financial services. As financial services companies look ahead to 2026,...

Pomelo, a payments infrastructure platform focused on Latin America, has announced a fresh funding round as it looks to broaden its product suite and deepen its reach across the region. The company said it has raised US$55m in a Series C round co-led by Kaszek and Insight Partners, with participation from Index Ventures, Adams Street Partners, S32, Endeavor Catalyst, monashee,...

FinTech Global recently spoke to Zaliia Gindullina, head of business development at WealthTech provider Kidbrooke, on whether 2025 was a good year for the sector.  The last couple of years has been tough for many companies across the financial market. This includes the WealthTech sector, which has seen a consistent decline in the number of companies closing funding rounds and...