Torq, an agentic AI-driven cybersecurity company focused on transforming SOCs has announced the completion of a significant new funding round at $140m. The company has raised $140m in a Series D funding round, pushing its valuation to $1.2bn and bringing total funding to $332m. The round was led by Merlin Ventures, with participation from existing investors including Evolution Equity Partners,...

Rising operating costs are placing sustained pressure on homecare agencies, from workforce shortages to higher administrative overheads. Yet amid these structural challenges, one area of financial loss remains largely preventable: compliance inefficiency. While compliance is often viewed as a regulatory necessity rather than a commercial lever, inefficient compliance processes are quietly eroding margins across the sector, said ViClarity. Experience working with...

Nationwide has launched a new call checker service aimed at tackling the growing threat of impersonation scams, as fresh research from the building society highlights how frequently UK consumers are targeted by fraudsters. According to Nationwide’s findings, the average person in Britain now receives eight scam calls every month, the equivalent of two unwanted and potentially dangerous calls every week,...

Insurance organisations looking to manage producer licensing and compliance often consider AgentSync, but the platform may not be the right fit for everyone. AgentSync averages $100,000 per year and requires Salesforce, making it a significant investment. For businesses seeking a more flexible, cost-effective solution, Producerflow has emerged as a leading alternative, offering roughly 30% lower costs, no Salesforce dependency, adjuster...

Allianz SE, a leading global insurance group, and Anthropic, a US-based AI research company, have entered into a global partnership to accelerate the adoption of responsible AI across Allianz’s operations. The collaboration aims to empower employees, automate operations through agentic AI, and ensure strong regulatory compliance within Allianz, according to InsurTech Insights. The companies are working together to integrate advanced...

Insurity, a leading software provider to the property and casualty insurance industry, has appointed Jatin Atre as president. Atre will oversee the company’s growth strategy and AI-powered transformation across its policy, billing, claims, and analytics platforms, aimed at helping insurers automate processes and unlock data-driven insights. The firm provides core systems and software solutions purpose-built for commercial insurance. Its platforms enable...

BlackOpal, a LATAM-focused global payments finance platform specialising in tokenised real-world assets, has secured significant backing to support the launch of its latest institutional product aimed at opening up Brazilian credit card receivables to global investors. The launch of GemStone is backed by a $200m, three-year anchor facility structured by Mars Capital Advisors, a Swiss-based firm focused on working capital...

Droit, a RegTech firm specialising in computational law and regulation, today announced the launch of Decision Decoder, a new AI-powered tool designed to provide context-aware explanations for decisions generated by its patented Adept platform. The launch reflects growing pressure on financial institutions to demonstrate transparency, traceability and auditability in automated compliance decisions, particularly as firms increasingly rely on AI and...

Rain, an enterprise-grade FinTech providing infrastructure for stablecoin-powered payments, has raised fresh capital of $250m in a Series C. The company secured $250m in a Series C funding round led by ICONIQ, with participation from Sapphire Ventures, Dragonfly, Bessemer Venture Partners, Galaxy Ventures, FirstMark, Lightspeed, Norwest, and Endeavor Catalyst. The round values Rain at $1.95bn and brings its total funding...

Auto lenders are facing one of the toughest operating environments in recent memory. Vehicle prices have risen sharply, borrowing has become more expensive, and competitive pressure has intensified across both direct and indirect channels. At the same time, lending teams are under pressure to maintain volumes, manage risk and protect profitability, often with fewer resources than before. Against this...