FinTech Global recently spoke to Zaliia Gindullina, head of business development at WealthTech provider Kidbrooke, on whether 2025 was a good year for the sector.  The last couple of years has been tough for many companies across the financial market. This includes the WealthTech sector, which has seen a consistent decline in the number of companies closing funding rounds and...

Virtuoso Partners, a UK-based provider of intelligent automation, has outlined how its partnership with information management platform M-Files is helping organisations modernise document-heavy processes, strengthen compliance, and move faster on AI adoption. The company has been an M-Files partner since 2021 and says the combination of metadata-driven document management and workflow capability has proven well suited to knowledge workers operating...

Napier AI and Mutual Vision have launched MV Shield – Powered by Napier AI, a purpose-built AML and financial crime compliance platform for building societies and credit unions in the UK and Canada. The partners say the product is designed to give mutuals a simpler alternative to generic AML systems, with controls, reporting and risk models configured around mutual-sector requirements.. The...

Capital.com, a global FinTech group and online trading platform, has partnered with Duco to automate and strengthen its client and payment reconciliation processes as it continues to scale internationally. Under the partnership, Capital.com has selected Duco’s AI-powered operational data automation platform to transform how it manages critical reconciliations across its business. The platform will be used to handle both client...

dLocal, a cross-border payment platform focused on emerging markets, has partnered with HONOR, a global AI device ecosystem company, to support the launch of HONOR’s first local eCommerce website in Peru with fully localised payment options. The partnership is designed to support HONOR’s expansion in Peru by enabling acceptance of local payment methods that reflect how consumers in the market...

LSEG Risk Intelligence, a risk and compliance data provider, has launched a new instrument-level dataset revealing how ownership and control relationships are driving a significant share of sanctions-linked securities exposure across global markets. The company today announced the release of the Sanctioned Securities Data File, developed in partnership with BIGTXN, which is designed to help financial institutions identify securities that...

Karavel, an AI-powered compliance platform built for highly regulated industries, has secured £1.25m in pre-seed funding to support product development and commercial expansion. The round was led by Fuel Ventures and will help Karavel accelerate growth across the UK and Europe while advancing its mission to modernise regulatory compliance workflows. Karavel’s platform combines AI-driven marketing and advertising reviews, real-time horizon scanning,...

Pagaya Technologies, a global technology company delivering AI-driven product solutions for the financial ecosystem, has closed a new revolving asset-backed securitisation backed by personal loans. The transaction, named PAID 2025-REV1, is a $350m asset-backed securitisation (ABS) backed by consumer loans originated on the Pagaya network. It represents the first revolving ABS structure for Pagaya’s personal loan business and complements the...

Stream, the workplace finance platform formerly known as Wagestream, has secured fresh backing after completing a £67m Series D round. According to UKTN, the London-based FinTech, which partners with employers to offer flexible wage access and broader financial tools, was founded in 2018 to provide workers with alternatives to high-cost payday lending. The latest £67m raise was led by Sofina, with...

The UK’s top financial authorities have been cautioned that the country’s financial system is vulnerable to a major AI-related shock, after the Treasury, the FCA and the Bank of England were accused of failing to prepare adequately for emerging risks. According to City AM, the warning came from the Treasury Select Committee, whose MPs argued that regulators are “not...