Astrada raises $3.8m seed for autonomous finance
Astrada, the data layer for autonomous finance, has closed a $3.8m seed funding round backed by a roster of prominent investors including Visa and Mastercard. The round was co-led by Bain Capital Ventures, QED Investors, and Nyca Partners, with strategic participation from Mastercard and follow-on investment from existing backer Visa. Since its launch in 2024, Astrada has handled more than $750m...
dLocal and inDrive launch cashless rides in South Africa
dLocal, a cross-border payments platform serving emerging markets, and inDrive, a global mobility and delivery platform, have partnered to introduce card payments and local driver payouts in South Africa. The collaboration enables inDrive to accept local card payments in-app, split fares in real time between drivers and the platform, and disburse driver earnings via South African domestic payment rails, all...
Fun raises $72m Series A to rebuild payments infrastructure
Fun, a payments infrastructure company building high-converting payment flows for large global applications, has raised $72m in a Series A funding round. The round was co-led by Multicoin Capital and SignalFire. The funding will be used to expand Fun's presence across Asia-Pacific through a new office in Singapore, pursue acquisitions to deepen its infrastructure capabilities, and grow its engineering and operations...
Hashgraph, an enterprise software firm powering digital markets, has made three major strategic announcements at HederaCon, covering a new cross-ledger protocol, the general availability of a private network product, and a strategic investment in a digital asset solutions provider. The firm introduced CLPR (pronounced "clipper"), a cross-ledger protocol currently in development that is designed to allow tokens, data, and messages...
FCA
On 1 September 2026, the FCA's Code of Conduct will extend to cover bullying, harassment and discrimination across every FCA-authorised organisation — not just banks. Most firms have already completed the visible groundwork: policies have been refreshed, training programmes are underway and "reasonable steps" have been committed to paper. Yet a harder question persists beneath the surface. When the first...
FinScan
FinScan has announced that its payments platform now covers stablecoin transactions and digital wallet screening for global compliance purposes. The update to FinScan Payments extends its existing capabilities to include stablecoin transactions and digital wallet addresses, screening them against major global sanctions lists. These include lists maintained by OFAC, Israel's NBCTF, Japan's Ministry of Finance, the UK Sanctions List, and...
Regnology
Regnology, a provider of regulatory, risk, finance and supervisory technology, has launched its Certified Implementation Partner Programme, establishing a new global standard for service delivery across its suite of solutions. The initiative introduces a structured framework aimed at ensuring consistent project implementation and smoother client onboarding across Regnology's regulatory reporting, risk, tax and finance offerings. Central to the programme is a...
crime
Financial crime compliance has been fundamentally reshaped by converging pressures: mounting regulatory complexity, intensifying enforcement, and increasingly sophisticated criminal activity. Legacy approaches are buckling under these demands, particularly as transaction volumes accelerate and institutions are expected to detect and act on risk in near real time. According to IMTF, in this climate, compliance has evolved well beyond box-ticking. It now sits...
Global InsurTech investment cooled further in April, with eight deals raising approximately $119m, marking another step down from March’s already subdued $237m.
Global InsurTech investment cooled further in April, with eight deals raising approximately $119m, marking another step down from March’s already subdued $237m. That represents a roughly 50% month-on-month decline in funding, reinforcing the sharp pullback seen since February’s $1bn-plus peak and underlining a clear contraction in both capital deployment and deal volume. Unlike earlier in the year, April was defined entirely...
AI
Financial crime compliance (FCC) is undergoing a generational transformation — one arguably more profound than the regulatory overhaul that followed the September 2001 terrorist attacks. According to Workfusion, this time, however, the catalyst is not a legislative mandate. It is a fundamental mismatch between decades-old, labour-intensive operating models and the high-velocity, real-time financial system those models are expected to safeguard. Workfusion...

News Stories

Building trust in generative AI for wealth management

Building trust in generative AI for wealth management

As wealth management firms continue to pursue generative AI capabilities, exploring worthwhile use cases and where the most value can be found, a core...
Climate risk and CMAs: What investors need to know

Climate risk and CMAs: What investors need to know

A growing number of institutional investors are grappling with how to fold climate change into their capital market assumptions (CMAs), but consensus on the...
InvestiFi brings investing to Summit Choice members

InvestiFi brings investing to Summit Choice members

Summit Choice Credit Union, a nonprofit member-owned financial institution based in Indiana, has joined forces with InvestiFi, a digital investment solutions provider for community...
Real estate is one of the world’s largest asset classes, yet some of its most important workflows still move at a pace that no longer makes sense. We started Davis to set a new time standard for real estate development and ultimately to reshape how cities are designed and built.

Davis raises $5.5m pre-seed for AI real estate design

Davis, an AI-native real estate company that combines proprietary artificial intelligence with human expertise to accelerate early-stage development and architectural design, has raised $5.5m...
BlackRock Aladdin expands private credit on Preqin

BlackRock Aladdin expands private credit on Preqin

BlackRock Aladdin has unveiled new private credit capabilities on Preqin, a data and analytics provider, in a move aimed at improving transparency and analytical...

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