Velexa, a leading WealthTech company, and Ajyad Capital, a Bahrain-based investment management firm, have entered a strategic partnership to revolutionise investing in the Gulf Cooperation Council (GCC) region.

Sure unveils a bold vision for the future of insurance, leveraging its innovative technology rails and network to redefine digital insurance distribution for carriers, brands, and consumers.

Nationwide, a Fortune 100 financial services and insurance organisation based in Columbus, Ohio, and TrustLayer, an AI-powered risk management platform headquartered in San Francisco, have announced an innovative partnership.

Simply Business, the leading digital insurance marketplace for small businesses, has partnered with Coterie Insurance, a tech-driven managing general agent (MGA).

Ageas has finalised exclusive negotiations with Saga, a UK-based specialist provider of products and services for individuals aged over 50. This development follows the initial announcement made on 11 October 2024.

NAV lending, a financing mechanism that allows private equity funds to borrow against their net asset value (NAV), is gaining attention as an alternative to traditional bank loans.

The FCA has unveiled plans for the Private Intermittent Securities and Capital Exchange System (PISCES), an initiative aimed at transforming the private securities marketplace. Slated for launch next year, PISCES promises to open up new avenues for investors to acquire stakes in private companies, enhancing their ability to grow and scale. This initiative addresses the growing trend of companies...

Basis, officially known as Essex Labs Inc., has recently announced a substantial boost in funding. According to Silicon ANGLE, the startup, which specializes in AI-driven software solutions for the accounting sector, has successfully closed its Series A funding round, amassing an impressive $34m. The investment was led by Khosla Ventures, with significant contributions from Better Tomorrow Ventures, BoxGroup, Avid Ventures,...

The RegTech sector has gained significant traction in the financial industry over the past few years, with global adoption accelerating. According to market projections, the RegTech market is expected to hit $25.19bn by 2028, driven by financial institutions’ need to navigate mounting regulatory pressures.

US export restrictions, governed by the Bureau of Industry and Security (BIS) under the Export Administration Regulations (EAR), play a critical role in safeguarding national security, advancing foreign policy objectives, and preventing weapons proliferation. These regulations require financial institutions to fortify their compliance frameworks, an initiative that has grown in complexity due to new guidance targeting exports particularly to...