Squads, a financial technology company building business finance on stablecoin infrastructure, has closed an $18m strategic funding round, bringing its total capital raised to $42.9m. The raise was led by Solana Ventures, with Coinbase Ventures, Haun Ventures, L1D, Collab+Currency, Electric Capital, Placeholder, Jump Crypto, and Robot Ventures all contributing. The capital will be used to accelerate Altitude, Squads' financial operating...

Fence, a technology platform rebuilding infrastructure for asset-backed finance, has secured $20m in a new funding round led by Galaxy Ventures. The oversubscribed raise also saw participation from seed investors ParaFi Capital and Crane Ventures Partners, formerly known as MassMutual Ventures, both of whom reinvested within months of Fence's previous seed round. The fresh capital will be directed towards accelerating...

Origami Risk, a provider of cloud-native risk, safety and insurance software, has been selected by Gramercy Risk Management, an insurer targeting underserved markets, to deploy its P&C SaaS platform and support business expansion. The partnership aims to consolidate Gramercy’s core insurance operations onto a single platform, enabling the company to streamline processes and scale more efficiently as it grows, according...

Roamly, an InsurTech focused on mobility insurance solutions, has launched a usage-based commercial insurance product for autonomous fleets that prices cover in real-time, and reduces costs when vehicles operate in autopilot mode, in partnership with Tesla. The product, known as Roamly FSD (Full Self Driving), is designed to address a key barrier in the autonomous vehicle market: access to suitable commercial insurance. As...

Root, a technology-driven car insurance provider, has launched a 24-hour agent appointment programme, enabling independent insurance agents to complete onboarding and begin selling policies within a single day. The initiative is designed to remove friction from traditional onboarding processes, which often take weeks, and give agents faster access to new revenue opportunities. By compressing the timeline into a fully digital, one-day...

When wealth management firms think of digitalisation, philanthropy might not appear high on their priority lists. However, Foundation Source CEO Joseph Mrak III believes it is a genuine growth engine that can help firms build lasting relationships between generations. Foundation Source was launched in 2000 as a provider of foundation administration solutions for private philanthropists. After private equity firm GTCR...

Two sweeping pieces of US legislation are forcing financial firms to fundamentally rethink how they approach digital asset compliance, according to analysis from MCO (MyComplianceOffice).

As reported by EXANTE, the first quarter of 2026's earnings season has got off to a more resilient start than many analysts had anticipated. Between 14 and 20 April, 28 S&P 500 companies disclosed their results, among them three Dow Jones Industrial Average constituents, Johnson & Johnson, JPMorgan Chase, and Travelers Companies. As of 17 April, 93.5% of the 31 S&P...

According to Ortec Finance, in today's technology-driven and regulatorily mature environment, the re-entry of high street banks into financial advice could prove to be a rare case of a sequel bettering the original and the numbers behind NatWest's latest move suggest the market agrees. The WealthTech company recently delved into banks returning to advice and how it could succeed. NatWest's agreed...

M-Files has highlighted a growing crisis quietly undermining manufacturing operations worldwide: quality management systems are fundamentally fragmented, and the cracks are showing every time an audit arrives. According to M-Files, the problem begins long before an auditor walks through the door. When an audit is scheduled or a customer requests documentation, quality leaders find themselves digging through shared drives, cross-referencing...