Dam Secure, an AI security start-up focused on securing AI-generated code for enterprises, has raised fresh capital as organisations race to adopt generative AI in software development. The company has secured $4m in a seed funding round led by Washington, D.C.-based cyber and AI investor Paladin Capital Group. Founded by Patrick Collins and Simon Harloff, Dam Secure is building an AI-native...

Brokerslink, a worldwide network supporting insurance and reinsurance brokers, has strengthened its international ecosystem with the addition of Vantel, a Sweden-based specialist insurance technology company focused on AI-powered transformation for commercial insurance brokers. The move sees Vantel join Brokerslink as a specialist affiliate, expanding the network’s capabilities across InsurTech, workflow automation and AI-enabled efficiency. The addition is aimed at helping brokers...

Patra, a provider of AI-powered software solutions and technology-enabled insurance outsourcing services, has expanded its Patra AI platform to support up to 85% of commercial insurance policy volume following a series of major product enhancements. The update includes four key milestones for Patra AI: industry-first support for Commercial Package policies (CPP), improved AI model performance, the introduction of monthly subscription...

Mal, an AI-native Islamic digital bank in development, has announced plans to launch as a mobile-first financial platform headquartered in Abu Dhabi, following a $230m investment round.  The company said it has closed its first investment round at $230m, led by Abu Dhabi-based asset manager BlueFive Capital, according to FinTech Finance. Set to launch in Q1 2026, Mal is being built...

The City of London Police has launched a new national service aimed at changing how victims and businesses across England, Wales and Northern Ireland report cyber crime and fraud — and how law enforcement and industry respond. The launch comes as cyber crime and fraud remain the most common crime type in the UK, accounting for around 50% of all...

Making an accurate prediction of the future of compliance has never been more challenging — or more important. For payments and banking firms, regulatory change is no longer something that arrives in simple, predictable cycles, but an ongoing stream shaped by geopolitical risk, supervisory scrutiny, and rapid innovation in financial services. As financial services companies look ahead to 2026,...

Pomelo, a payments infrastructure platform focused on Latin America, has announced a fresh funding round as it looks to broaden its product suite and deepen its reach across the region. The company said it has raised US$55m in a Series C round co-led by Kaszek and Insight Partners, with participation from Index Ventures, Adams Street Partners, S32, Endeavor Catalyst, monashee,...

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...