skrooge.ai, an AI-enabled accounting and tax service provider focused on small and medium-sized businesses in the UAE, has raised $1.85m in a seed funding round. The seed round was completed through SAFE notes and backed by fintech-experienced angel investors. Founded by a five-person team with backgrounds spanning finance and technology, the company brings experience as both technology investors and operators. At the...

Mine, a personal finance company for young adults, has raised $14m in Series A funding to support the launch of its AI-powered money agent and accelerate the development. The $14m Series A round was led by 359 Capital, with participation from Kleiner Perkins and new investor FJ Labs. Existing backers Y Combinator and U.S. News & World Report also joined...

Sage Capital Management has announced the launch of a new private banking service for institutional clients. The launch represents a significant expansion of the company’s offering, enabling institutional digital asset professionals to manage fiat and digital asset activity within a single operating environment. Alongside the banking service, Sage Capital Management has also introduced a proprietary unified trading platform that brings together...

Jelou, a FinTech company building AI agents that execute real financial operations inside messaging apps, has raised $10m in Series A funding to expand its WhatsApp-based transactional platform across the Americas. The funding round was led by Wellington Access Ventures, with participation from Krealo, Credicorp’s corporate venture arm, and Collide Capital. With this raise, Jelou has secured $13m in total funding,...

Upwind, a runtime-first cloud security company, has raised $250m in Series B funding as it looks to accelerate product development and global expansion amid strong enterprise adoption. The funding round was led by Bessemer Venture Partners, with participation from Salesforce Ventures and Picture Capital. Existing backers including Greylock, Cyberstarts, Craft Ventures and TCV also participated. The raise brings the company’s...

Banqup Group, a provider of integrated business communications solutions, has announced a package of strategic and financial measures including new shareholder funding, revised debt covenants with its senior lender and an agreement to divest its Baltic operations. The company confirmed it has secured a subordinated shareholder loan of up to €6,0m from a consortium of existing investors, while also recalibrating...

Annuity pricing has always been complex, but today the pressure on providers is unprecedented. Teams are expected to move faster while maintaining governance, capital alignment, and regulatory defensibility. Fragmentation across spreadsheets, legacy systems, and disconnected modelling environments is the real constraint for many insurers, making it harder to keep pace with market demands. Earnix has introduced Price-It for Annuities™, the...

Malaysia is stepping up preparations for a nationwide digital identity rollout across financial services, with regulators putting banks through a second phase of testing to assess their operational readiness. According to FinTech News Malaysia, eighteen banks have now joined Phase 2 of the MyDigital ID sandbox programme, as the government works towards determining whether the sector can safely support large-scale...

Ensembling, or the practice of combining multiple AI techniques, is becoming a cornerstone of modern risk detection in financial services, as firms grapple with increasingly complex digital communications. According to Theta Lake, today’s workplace interactions span video calls, voice notes, instant messaging, collaborative documents, emojis, GIFs and even AI-generated content. Platforms such as Microsoft Teams, Zoom and Webex, alongside tools like...

As alert volumes climb, many AML teams can show they are working hard, but struggle to prove they are working on the right things first. The distinction matters more than it used to. Supervisors are increasingly looking past activity measures and into what a programme’s day-to-day outputs reveal about exposure, ordering and delay. The central challenge is that scale erodes...