The U.S. International Development Finance Corporation (DFC) has appointed Chubb to lead its $20bn maritime reinsurance plan aimed at restoring commercial shipping through the Strait of Hormuz and surrounding Gulf routes. Under the programme, Chubb will act as lead underwriter, issuing policies for eligible vessels, while a group of American insurers will provide reinsurance alongside DFC to expand market capacity....

UK InsurTech Loxa has raised £2.7m in seed funding across three tranches to support European expansion, grow its retail partner network, and broaden its embedded insurance platform. The round was backed primarily by angel investors and family offices, including the Lazaroo-Hood Group. Introductions were facilitated by Angel Investment Network, FundMyPitch, and the Entrepreneur’s Collective, according to Business Cloud.  Capital from the...

Cryptio, a company specialising in financial data transformation and ERP solutions for digital assets, has secured fresh funding of $45m. The firm announced a $45m Series B funding round co-led by BlackFin Capital Partners and Sentinel Global. The round also attracted participation from existing and new investors including 1kx, Alven, BlueYard Capital and Ledger Cathay Capital. Cryptio provides infrastructure designed to...

BrightPlan, an AI-powered financial well-being platform for global enterprises, has secured a new investment from Riverside Acceleration Capital (RAC), with participation from existing investors, as the company reports 41% year-over-year recurring revenue growth. The funding will support continued global expansion, enterprise distribution, and product innovation. BrightPlan now serves more than 9.2 million employees across more than 50 countries and advises...

Key European FinTech investment stats in Q4 2025: European FinTech funding surged by 63% YoY in Q4 2025 UK companies secured four of the top 10 deals as the country dominated the European FinTech marketplace Zilch, a UK-based consumer payments platform focused on reshaping how shoppers and merchants transact, completed one of the biggest European FinTech deals of the...

For decades, financial institutions have wrestled with a fundamental paradox: the more rigorous the identity verification process, the greater the friction imposed on the customer. KYC compliance became synonymous with abandoned onboarding flows, duplicated documentation, and an industry-wide tolerance for inefficiency dressed up as due diligence. eIDAS 2.0 is dismantling this trade-off completely. The European Union's revised electronic identification and...

Digital communications governance and archiving (DCGA) has moved far beyond its origins as a back-office compliance task. Today, it plays a central role in how organisations manage risk, maintain regulatory compliance, and oversee the rapidly expanding universe of digital communications. According to Theta Lake, as businesses increasingly rely on email, messaging platforms, video conferencing tools and even AI-generated communications, the...

Flanks, a WealthTech company processing over €39bn in assets monthly, has appointed Nawaz Mucadam as country manager for the UK, Ireland and the Middle East. Mucadam brings over two decades of experience across WealthTech, institutional sales and financial services. Prior to joining Flanks, he co-founded Zugo, an AI-powered SaaS platform built to address the UK's advice gap. Prior to that, he...

Digital asset reporting specialists Ledgible and Label have formed a strategic partnership aimed at simplifying regulatory reporting for digital asset firms through integrated support for global frameworks such as CARF and DAC8. The collaboration comes as digital asset adoption continues to accelerate across exchanges, FinTech platforms, custodians and financial institutions, increasing the pressure on organisations to comply with evolving regulatory...

Napier AI, a RegTech providing financial crime compliance software to institutions worldwide, has launched its Insights AI feature within its Transaction Monitoring solution, following rigorous testing through the FCA's Supercharged Sandbox programme. The Insights AI feature addresses a long-standing challenge faced by financial crime compliance teams — investigation inefficiency. Analysts have historically been required to manually piece together contextual information...