The Dutch pension sector is in the midst of its most significant reform in a generation, and while the industry has invested heavily in planning for the Wet toekomst pensioenen (Wtp) transition, a more fundamental challenge is now coming into focus. According to analytics firm Kidbrooke, the decisive phase of the transition lies not in planning, but in consistent implementation. In...

The Bank of England's (BoE) Prudential Regulation Authority (PRA) published Supervisory Statement 5/25 last December, setting out its concerns over the systemic risks that climate-related factors present to banks and insurers. The regulator made clear that it expects firms to take a forward-looking, strategic, and ambitious approach to implementing its recommendations on an ongoing basis. Ortec Finance, a provider of...

Harper, an AI-powered commercial insurance brokerage, has raised $47m in combined seed and Series A funding. The round was led by Emergence Capital, with participation from Y Combinator, Peak XV, Antler, 10X Founders, Fellows Fund, and Outset Capital. The company also noted the Series A represents the largest publicly disclosed Series A raised by a Black founder. Harper uses artificial intelligence...

Secfix, an AI-powered security compliance platform for SMBs and mid-market businesses across Europe, has closed an oversubscribed $12m Series A funding round. The raise was led by Alstin Capital, with Bayern Kapital and neosfer participating in the round. The oversubscribed nature of the funding reflects growing demand for automated compliance solutions across the European market. Secfix's platform addresses security compliance across...

Rowspace, an AI platform that helps financial firms make faster decisions using their proprietary data, has launched with $50m in funding across a seed round and Series A. The Series A was co-led by Sequoia and Emergence Capital, with the seed round led by Sequoia. Additional participants across both rounds include Stripe, Conviction, Basis Set, Twine, and a number of...

Gambit Security, an AI-native enterprise resilience platform, has emerged from stealth with $61m in seed and Series A funding raised in under 12 months from Spark Capital, Kleiner Perkins, and Cyberstarts.

Finanjo, a Jaipur-based full-stack personal finance platform built for young Indians, has closed a pre-seed funding round of ₹1.5 crore (approximately $180,000), fully led by AJVC, the early-stage venture fund managed by Aviral Bhatnagar. The capital will be deployed to accelerate product development, deepen the platform's AI capabilities, and expand Finanjo's user base across India. Funds will also go towards...

Burst, formerly known as Float, a healthcare payments platform designed to help retailers and wellness brands unlock untapped FSA and HSA spending, has raised $3m in total funding, including a $2.1m seed round led by Pear VC. The seed round also saw participation from Rock Health Capital, Alumni Ventures, and others. The capital will be used to accelerate product development...

The Office of the Comptroller of the Currency (OCC) has set out a fresh package of measures aimed at easing unnecessary regulatory burden on community banks, while insisting that the foundations of a safe and sound U.S. banking system will not be weakened. According to Alessa, the move builds on the regulator’s longer-running push to tailor supervision to a bank’s...

AI adoption is accelerating across financial services and other regulated industries, but governance is struggling to keep pace as firms try to balance innovation with accountability. Theta Lake’s annual Digital Communications Governance Report suggests the direction of travel is clear, with almost all organisations planning to expand AI use, while many are already running into governance and data security challenges...