Nuvei, a global payments technology provider, has expanded its long-standing relationship with Microsoft as part of its multi-year plan to modernise its infrastructure and support rapidly scaling enterprise merchants worldwide. The move comes as the company seeks to enhance performance, reliability and processing capacity. By running its core payment processing APIs on Microsoft Azure and leveraging Azure AI capabilities, Nuvei...

Crowdcube, Europe’s largest private market investment platform, has supported consumer tech disruptor Nothing to launch the company’s latest funding round, Community Investment (3). Crowdcube operates a platform that enables both retail and institutional investors to buy equity in private companies, supporting businesses from early-stage growth through to late-stage and pre-IPO opportunities. Nothing, which has shipped millions of devices and surpassed $1bn...

Ortec Finance, a global provider of technology and solutions for risk and return management, has appointed Jelmer Brons as its new chief commercial officer. Founded in 1982 by experts in econometrics and technology, Ortec Finance offers tools and insights that help clients model uncertainty, monitor investment objectives and improve decision-making. The firm supports over 600 clients across more than 20...

Kalshi, the world’s largest prediction market, has announced a landmark Series E funding round that values the company at $11bn. The company raised $1bn in a round led by Paradigm, with commitments also coming from Sequoia, Andreessen Horowitz, Meritech Capital, IVP, ARK Invest, Anthos Capital, CapitalG, and Y Combinator. Founded in 2018, Kalshi, which established prediction markets as a recognised financial...

Pine, an AI-driven consumer digital-chore automation company, has secured $25m in a Series A funding round led by Fortwest Capital. The new product investment is driven by the growing frustration consumers face when dealing with long hold times, repetitive transfers and ineffective customer service. Pine said its “ask-and-it’s-done” AI is designed to return time, money and peace of mind to...

Experian and CleverChain have entered into a strategic partnership to provide AI-powered global due diligence services to international businesses. The pair have teamed up to support firms under growing pressure to meet increasingly complex financial crime regulations, especially as cross-border operations and layered company ownership structures make compliance more challenging. The alliance is designed to enhance Know Your Customer (KYC)...

73% of insurance executives are planning to change their core insurance management technology within the next three years, according to a recent report by Novidea. The report, Scaling for the Future: The State of Insurance Management Platforms 2025-2026, surveyed 200 C-suite insurance leaders worldwide, with its results highlighting the urgent need for technological modernisation in the industry. According to its findings, 95%...

Scaling a producer network starts with recruiting the right agents—a challenge many carriers and MGAs face as appointment and onboarding costs rise. Organisations that rely on reactive approaches, such as appointing anyone who applies or conducting manual research, risk wasted expenditure on non-producing agents, missed opportunities with high-potential producers, and increased administrative work. Implementing producer management software allows insurers...

Nationwide, a major US-based insurance provider, has partnered with Chrp, an AI-driven home risk assessment platform, to introduce a smartphone-led approach to home inspections. The collaboration is designed to give homeowners greater visibility into hidden risks such as ageing plumbing, outdated wiring and potential fire hazards before they escalate into costly claims, according to FF News. Nationwide said the partnership aims...

Duck Creek Technologies, the global intelligent solutions provider defining the future of property and casualty (P&C) and general insurance, has appointed Rajesh Raheja as its new Chief Technology Officer (CTO). In his role, Raheja will oversee the company’s global technology strategy, platform innovation and engineering organisation, as Duck Creek continues to expand its cloud-native and AI-driven capabilities for insurers around...