Key Indian FinTech investment stats in Q1 2026: Indian FinTech funding increased by 59% YoY in Q1 2026 Average deal value increased by 24% to $18.4m as investors loosened purse strings Neo Group, a WealthTech firm serving high-net-worth individuals, ultra-high-net-worth clients and family offices, raised $53m in a funding round that values the business at $1.1bn, making it one...

Financial crime compliance is undergoing a significant transformation, and according to Napier AI, the markets that are making the most meaningful progress are those where regulators have moved decisively beyond experimentation. Napier AI, which offers next generation anti-money laundering and financial crime compliance software, recently delved into what regulators are putting their faith in AI for AML. The firm's AI/AML Index...

There was 22 deals recorded in the FinTech sector this week, with a total of $806.2m raised across all deals. This represented a considerable decline on last week’s raises, where a handsome $2.17bn was raised in a true bull week for the RegTech and CyberTech sectors. The biggest deals this week were seen in the WealthTech sector, with the two...

The US Securities and Exchange Commission (SEC) has settled with a Florida-based investment manager over fraud and misleading investor disclosures, serving as a stark reminder of the compliance risks that persist across the asset management industry. Zeidler Group, which offers tools for investment funds law, recently delved into what investment managers must know about misleading marketing.  Announced on 8 April 2026,...

Despite widespread recognition of artificial intelligence as the defining technology of our era, the wealth management sector remains caught in a frustrating paradox: ambition is abundant, but meaningful deployment is scarce. WealthTech company fincite recently explored the trends shaping the sector, offering an insight from its new WealthTech Radar 2026. Eight in ten companies (81%) now regard AI as the most...

CaixaBank has launched GlobalView, a financial positions aggregator that allows its wealth management clients to consolidate and analyse holdings across multiple financial institutions through a single unified framework. The service has been developed in collaboration with Flanks, a WealthTech firm regulated as an AISP by the Bank of Spain, which will handle automated connectivity, daily data collection and standardisation across more...

Slash Financial, a San Francisco-based business banking platform, has reached unicorn status after closing a $100m Series C funding round that values the company at $1.4bn. The round was led by Ribbit Capital, with new investor Khosla Ventures and returning backer Goodwater Capital, which led Slash's Series B just 16 months prior, co-leading the raise. New Enterprise Associates and Y...

Plata, a technology-led digital bank operating in Latin America, has closed a $405m Series C funding round at a valuation of $5bn, becoming the region's most valuable privately held digital bank. The round was led by Bicycle Capital and drew in a number of new institutional backers, including Qatar Investment Authority (QIA), BTG Pactual, Valor Capital Group, and a large...

Horizon Technology Finance Corporation, a Monroe Capital affiliate and specialty lender to venture-backed technology businesses, has extended a delayed draw senior credit facility of up to $25m to Stellar Cyber, an AI-native cybersecurity platform provider, to fund its continued expansion. The facility will be used to accelerate development of Stellar Cyber's AI-driven platform, broaden its go-to-market activities, and strengthen the...

The European Banking Authority (EBA), the independent EU body responsible for ensuring sound and consistent prudential regulation across the bloc, has unveiled a sweeping package of measures intended to substantially overhaul the EU's supervisory reporting framework. The centrepiece of the initiative is a public consultation on revised Implementing Technical Standards (ITS) covering both supervisory reporting and supervisory benchmarking. Stakeholders have...