Key UK FinTech investment stats in Q1 2026: UK FinTech investments increased by 32% YoY in Q1 Trend analysis showed a projected 26% growth in funding for 2026 driven by a surge in deals over $100m Allica Bank, a digital business bank focused on serving established small and medium-sized businesses, raised $155m in a Series D round, marking one...

Improving communication capabilities might not strike wealth management firms as important as tools that streamline trading or insight generation. However, Michael Lynch, chief operating officer at Symphony, believes this space opens up a range of often overlooked growth opportunities for firms. Symphony is a technology firm pioneering the transformation of communication within wealth management. The company was originally founded just...

Taskize, an investment operations collaboration platform owned by Euroclear, has joined forces with IT services and consulting giant TCS to embed its exception management tools directly into the TCS BaNCS platform. The integration allows financial institutions using TCS BaNCS to raise, resolve and track queries relating to exceptions across the trade lifecycle, including corporate actions processing, trade settlement and client...

Kroll, an independent global provider of financial and risk advisory services, has announced the appointment of Fred Crawford to the role of executive chairman, with the position taking effect on 18 May 2026. Crawford joins at a pivotal moment for the firm, taking on responsibility for advancing its commercial culture, talent development and succession planning. He will work in close...

Entrust, a global leader in identity-centric security solutions, has announced a collaboration with IBM Consulting to assist enterprises in gaining control of their cryptographic estates and executing a governed shift towards quantum-safe security. The partnership combines IBM Consulting's quantum-safe transformation services with Entrust's established expertise in public key infrastructure (PKI), cryptographic security, and hardware security modules, serving financial institutions, governments,...

Wise, a global technology company and provider of multi-currency financial accounts, has launched a new Interest feature in Canada, becoming the first provider in the country to allow customers to earn returns across multiple currencies from a single account. The feature enables eligible customers to opt in and earn returns on balances held in CAD, USD, EUR and GBP simultaneously....

Cyphercor, an Ontario-based cybersecurity firm behind the LoginTC Multi-Factor Authentication platform, has received a grant through the Ontario Centre for Innovation's (OCI) Critical Industrial Technologies (CIT) initiative to develop its authentication solution for operational technology and manufacturing environments. The grant, awarded via the CIT Development and Commercialisation (DC) programme stream, will fund the company's "Secure Access Modernisation for Critical Infrastructure"...

ZestyAI, an AI-driven property risk intelligence company, has revealed that the Natural Resources Defense Council (NRDC), one of the United States' foremost environmental advocacy groups, is leveraging its ZORRO Discover™ product to advance climate-focused research and public policy initiatives. The organisation's FAIR Future Team is utilising ZORRO Discover™ to scrutinise insurance rate filings, observe shifts in regulatory policy, and strengthen...

Reserv, an AI-native third-party administrator (TPA) and claims technology provider for the property and casualty (P&C) insurance sector, has closed a $125m Series C funding round. The round was led by KKR, with participation from existing backers Bain Capital Ventures and Flourish Ventures, alongside select strategic partners and clients. The round will support Reserv's ambition to expand its annual claims processing...

Pmtbox, an enterprise commerce platform designed to consolidate payments, risk, and data for merchants, has closed a $15m seed funding round. This is reported to be the largest seed raise in Utah over the past decade. The round was led by Tandem Ventures, with contributions from Element Ventures, Cynosure Investment Partners, and Aaron Skonnard, founder and CEO of Pluralsight. The capital will...