Flanks, a European WealthTech company focused on automation and data-driven insights, has partnered with finReg360, a regulatory advisory and consultancy firm for the financial sector, to launch EDX, Europe’s first standardised financial data exchange protocol designed to enhance wealth management and advance Open Finance across the region. The launch of EDX (European Data Exchange) introduces a common protocol for the...

As the wealth management industry enters 2026, advisory teams are under growing pressure to deliver clearer guidance, faster execution and a more complete view of client wealth. Against this backdrop, fincite has rolled out more than 70 new features for its CIOS Software over the past year, with several designed specifically to streamline and modernise the advisory process. One of the...

There were 25 deals in the FinTech sector this week, representing a strong uptick in deals, with more than $1.5bn raised across all of them in total.  This represented a positive lift-off from last week's funding roundup, where only six deals were recorded. The leading deal this week was for US firm Rain, who secured a Series C raise of a...

Artificial intelligence has moved firmly into the mainstream of bank compliance operations, according to new research carried out by Hawk and Chartis. The study shows that banks are no longer debating whether AI has a role in financial crime and compliance, but are instead focused on how to scale it responsibly across core functions. The findings reveal that 89% of compliance...

Cyb3r Operations, a London-based cybersecurity startup, has raised $5.4m (£4m) to help organisations gain continuous visibility into third-party cyber risk across their digital ecosystems. The funding round was led by Octopus Ventures, with follow-on investment from Pi Labs. Following the raise, Cyb3r Operations’ total funding now stands at $6.75m (£5m). The company is addressing a growing challenge for enterprises, with more...

WeLab, a pan-Asian FinTech platform operating digital banks and online financial services, has completed a $220m Series D strategic financing, marking the largest digital banking capital raise in Asia in 2025.

Augusta Mutual, a Virginia-based insurer, has partnered with ZestyAI, a risk and decision intelligence platform, to enhance property underwriting accuracy and support sustainable growth across the state. The partnership will see Augusta Mutual implement ZestyAI’s Roof Age and Z-PROPERTY™ solutions, enabling more precise underwriting, targeted inspections, and a broader, AI-driven view of property risk. The tools deliver property-level insights including verified...

Oxbow Partners, the specialist management consultancy for the insurance industry, has announced the opening of a New York City office, marking the firm’s first dedicated presence in North America. The New York office will provide corporate clients across North America with strategic advisory services, including commercial due diligence, post-acquisition strategy development, and integration support. Oxbow Partners will leverage its deep expertise...

Did you know that a regulation changes somewhere in the world on average, every 12 minutes? Vixio takes the heavy lifting out of regulatory change management. For two decades, Vixio has provided financial services and gambling firms with a platform that combines AI-enhanced technology with expert analysis to automate and simplify regulatory change, mitigate risk and uncover growth opportunities. Vixio launched...

AMLYZE and Vinted Pay, the payments subsidiary of European second-hand marketplace Vinted, have entered into a partnership to support the secure expansion of Vinted Pay across multiple markets.  The partnership has been formed to ensure that as Vinted Pay is rolled out gradually across Vinted’s markets, its onboarding and payment processes remain compliant with evolving AML/CFT requirements, while maintaining a...