ARKK secures £4.5m from Gresham House Ventures to scale regtech platform
Gresham House Ventures, a growth equity investor backing software and technology-enabled businesses, has made a £4.5m follow-on investment into ARKK, a financial automation and regulatory reporting platform focused on supporting the Office of the CFO. The latest funding sees Gresham House Ventures doubling down on ARKK, having already made two previous investments in the business since 2019. The investment is intended...
Wint Wealth raises INR 250 Cr in Series B funding
Wint Wealth, an India-based online bond portfolio platform enabling retail participation in corporate bonds, has reportedly secured INR 250 Cr ($27m) in Series B funding to expand its offerings and scale operations. The funding round was led by Vertex Ventures SEA and India, with participation from existing investors 3one4 Capital, Eight Roads Ventures, Arkam Ventures and Rainmatter, according to a...
Alpaca raises $150m Series D at $1.15bn valuation
Alpaca, a US-headquartered provider of brokerage infrastructure APIs, has raised significant new funding to accelerate its global expansion.
resilience
UK and EU regulators have taken a significant step towards strengthening cross-border supervision of critical third parties by signing a new Memorandum of Understanding (MoU) focused on operational resilience and financial stability. The agreement brings together the Financial Conduct Authority, the Bank of England and the Prudential Regulation Authority with the European Supervisory Authorities, creating a formal framework for cooperation...
data
As digital communication channels multiply, financial services firms are facing a growing compliance challenge that goes beyond regulatory interpretation or tooling gaps. Conversations are no longer confined to a single medium. According to Theta Lake, they now span voice calls, video meetings, chat platforms, email, shared files and AI-generated interactions, often within the same customer or employee journey. Yet despite...
Almost everyone in the insurance sector is talking about AI, yet few organisations have managed to deploy it at scale. By 2025, nearly 90 per cent of insurers are expected to implement some form of AI. That figure sounds impressive until you consider that only around seven per cent are likely to move beyond pilot programmes. The challenge is not ambition or budget. According to IntellectAI, it comes down to trust, accuracy, and the often chaotic reality of insurance data.
Almost everyone in the insurance sector is talking about AI, yet few organisations have managed to deploy it at scale. By 2025, nearly 90 per cent of insurers are expected to implement some form of AI. That figure sounds impressive until you consider that only around seven per cent are likely to move beyond pilot programmes. The challenge is...
Israel-based automotive group Colmobil has chosen Novidea’s cloud-native insurance management platform to modernise and consolidate its vehicle insurance operations.
Israel-based automotive group Colmobil has chosen Novidea’s cloud-native insurance management platform to modernise and consolidate its vehicle insurance operations. The rollout will cover Colmobil’s insurance business and aims to simplify workflows, reduce manual tasks, and strengthen data-driven decision-making, according to Yahoo! Finance. Until now, Colmobil operated separate systems for vehicle sales and insurance activities, which limited visibility and reporting across the...
Lausanne-based LegalTech startup Ex Nunc Intelligence has closed an oversubscribed €1.8m pre-seed funding round to further develop its Silex platform and expand its legal intelligence infrastructure.
Lausanne-based LegalTech startup Ex Nunc Intelligence has closed an oversubscribed €1.8m pre-seed funding round to further develop its Silex platform and expand its legal intelligence infrastructure. The funding will be used to accelerate product development, support specialised AI agents for law, and enhance the platform’s data infrastructure, according to Beinsure. The round was led by Spicehaus Partners and included participation from...
risk assessments
Financial crime risk assessments are often discussed in terms of frameworks, scoring models and tooling, yet their true strength is determined by something far more fundamental: the people involved. According to Arctic Intelligence, methodologies can be standardised and technology can automate workflows, but the quality of any financial crime risk assessment ultimately reflects human judgement, engagement and organisational culture....
BirdsEyeView, a European Space Agency-backed InsurTech, has secured an undisclosed seven-figure investment to support international expansion and accelerate development of its wildfire risk modelling capabilities.
BirdsEyeView, a European Space Agency-backed InsurTech, has secured an undisclosed seven-figure investment to support international expansion and accelerate development of its wildfire risk modelling capabilities. The funding will be used to scale operations across new markets while strengthening the company’s machine learning-driven natural catastrophe models. The investment round was led by venture and growth equity fund 24 Haymarket, with further participation...

News Stories

Iress renews four-year deal with Succession Wealth

Iress renews four-year deal with Succession Wealth

Iress, a provider of integrated wealth management and financial planning technology, has secured a four-year contract extension with Succession Wealth, continuing a partnership that...
ClearScore launches ChatGPT app for credit education

ClearScore launches ChatGPT app for credit education

ClearScore Group, a data-driven financial services platform with over 26 million users globally, has launched a consumer-facing ChatGPT app aimed at helping people better...
Mastercard pilots instant cross-border FX settlements

Mastercard pilots instant cross-border FX settlements

Mastercard, the global payments technology company, has taken part in a Eurosystem-led pilot on the TARGET Instant Payment Settlement (TIPS) platform to test instant...
InvestiFi partners with Great NorthWest Federal Credit Union

InvestiFi partners with Great NorthWest Federal Credit Union

InvestiFi, a digital investing platform, has announced a partnership with Great NorthWest Federal Credit Union (FCU), a Washington-based credit union serving more than 18,000...
Epiris completes acquisition of trading platform WBS

Epiris completes acquisition of trading platform WBS

WBS, a UK-based provider of dealing, custody and technology solutions to the investment industry, has been acquired by Epiris Fund III, advised by private...

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