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FIS unveils AI-powered treasury suite

FIS (NYSE: FIS), a global leader in financial technology, today announced the launch of FIS Neural Treasury, an AI-powered suite designed to transform how treasury operations utilize technology to run their business and manage their money in motion.

/startups

Allasso wins $3m investment to bring AI-ready analytics to options trading

Allasso, the fintech that brings data-backed, modern analytics to one intuitive interface for financial market professionals, has secured $3m in investment in its latest funding round led by Fuel Ventures.

/people

Varo Bank appoints Asmau Ahmed first chief AI and data officer

Varo Bank, the first all-digital nationally chartered bank in the U.S., today announced the hiring of Asmau Ahmed as the company’s first Chief Artificial Intelligence and Data Officer (CAIDO). Reporting directly to CEO Gavin Michael, she will lead company-wide AI and machine-learning efforts.

PayPal gives users early access to Perplexity AI browser

/ai

PayPal gives users early access to Perplexity AI browser

PayPal and Venmo users in some countries are being offered early access to Perplexity's new AI-powered web browser.

Ant unit debuts agentic AI payments tech

/ai

Ant unit debuts agentic AI payments tech

Ant International's Antom unit has launched an agentic AI payments offering that supports both card-based and alternative methods.

/ai

Latin American insurtech 180 Seguros raises $9m

180 Seguros, the largest insurtech in Latin America, operating under a B2B2C model with proprietary technology and applying AI across the entire insurance value chain, has just raised US$9M.

/ai

Xero rolls out AI 'superagent'

Xero, the global small business platform, announced the next evolution of its AI financial superagent JAX (Just Ask Xero)—built on Xero’s agentic platform.

/ai

Abbove introduces AI agent for wealth management

Abbove, the European platform for collaborative and family-centered wealth planning, announces today the launch of Mia, its new artificial intelligence agent.

/ai

SoFi unveils agentic AI ETF

SoFi (NASDAQ: SOFI) is announcing the availability of a new exchange-traded fund (ETF) with the SoFi Agentic AI ETF (NYSE Arca: AGIQ). AGIQ will invest in U.S. companies included in the BITA US Agentic AI Select Index, which is designed to track businesses involved in developing, providing, or utilizing agentic AI technologies.

ID.me hits $2bn valuation on funding to tackle AI fraud

/identity

ID.me hits $2bn valuation on funding to tackle AI fraud

Digital identity wallet ID.me has hit a $2 billion valuation after raising $340 million across a funding round, combined with a credit facility.

From biology to business: Neuromorphic computing pathways to intelligent innovation

/Artificial intelligence

Dimitrios Salampasis Assoc. Professor, Emerging Technologies & FinTech at Swinburne University of Technology

From biology to business: Neuromorphic computing pathways to intelligent innovation

Revolut signs multi-million dollar deal with Google Cloud

/cloud

Revolut signs multi-million dollar deal with Google Cloud

Revolut has signed a multi-year, multi-million dollar deal with Google Cloud to drive global growth.

Pave raises $14m for AI-driven portfolio management platform

/startups

Pave raises $14m for AI-driven portfolio management platform

Pave Finance, a provider of AI-powered, institutional-grade, personalised wealth management software, has raised $14 million in seed funding.

Banks set to accelerate spend on AI as productivity surges

/ai

Banks set to accelerate spend on AI as productivity surges

Lloyds’ Financial Institutions Sentiment Survey finds that UK financial firms are doubling down on AI as producivity surges.

Kapital doubles valuation to become Latin America's first AI unicorn

/ai

Kapital doubles valuation to become Latin America's first AI unicorn

Mexico City-based AI-powered platform for small and medium-sized businesses (SMBs) Kapital has raised up to $100 million in a Series C funding round that doubles the firm's valuation to $1.3 billion.

/ai

Eltropy releases AI voice agent for commercial banks

Eltropy, the leading AI-powered conversations platform for community financial institutions (CFIs), today announced the general availability of the next generation of Eltropy AI Voice Agents.

/payments

Chargebee acquires Inai

Chargebee, a leading billing and monetisation platform for recurring revenue businesses, today announced its acquisition of Inai, a payments intelligence and analytics company.

PayPal leads funding round in agentic AI firm Kite

/ai

PayPal leads funding round in agentic AI firm Kite

PayPal Ventures has led an $18 million funding round in Kite, a company building the trust infrastructure for AI-generated autonomous payments.

/ai

Liberis releases AI-powered capital platform

Liberis, a leading global embedded finance provider, today launched the Liberis Capital Platform, an AI-powered solution engineered to solve the most persistent challenge for small businesses: navigating a broken and fragmented funding landscape.

/ai

Chief Secretary to the Prime Minister uses maiden speech to praise the UK's AI and fintech expertise

Darren Jones MP, the newly appointed Chief of Staff to the Prime Minister has praised the UK’s fintech and AI expertise in his maiden speech.

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