Aligned, a company claiming to pioneer the first B2B buyer-seller networker, has raised $5.8m in seed funding.

Openly, a homeowners insurance provider, has partnered with Trellis, a technology company simplifying distribution of personal lines of insurance.

CultureAI, the number one human risk management platform for security and awareness teams, has raised £7 million in seed funding. The investment came from Conviction VC, Passion Capital, Senovo, and angel investors Paul Forster, founder of Indeed, and Guntram Friede, formerly Head of Marketing EMEA at Mulesoft.

FinTech revenues are set to grow sixfold from $245bn to $1.5trn by 2030, according to a report from Boston Consulting Group (BCG) and QED Investors. The report suggests that the FinTech sector, which currently holds a 2% share of the $12.5trn in global financial services revenue, is estimated to grow up to 7%. 

The UK’s Economic Secretary’s Asset Management Taskforce has been joined by five new senior execs from the UK’s investment industry.

Sky and Zurich Insurance have launched a smart home protection IoT service offering customer comprehensive home insurance and smart home tech.

Greenwood, a digital banking platform focused on serving Black and Latinx communities, has acquired Kinly, a mobile banking platform, in a move that brings together two of the largest Black-owned FinTechs. The terms of the deal were not disclosed.

NFU Mutual, an insurer in the UK, has selected FRISS to automate trust throughout its policy and claim lifecycle. FRISS is an AI-powered fraud, risk and compliance solution provider for P&C insurers worldwide. According to NFU Mutual, the collaboration aims to bring enhanced efficiency to the insurer’s processes, whilst also benefitting customers through improved fraud protection and maintaining excellent customer service. The...

Zodia Custody, a crypto-focused subsidiary of global bank Standard Chartered, has scored $36m in a recent funding round.

Regulatory reporting firm Regnology has acquired Metadata Technology, a provider of statistical data and Metadata Exchange solutions.