OpenAI Bolsters AI-Driven Financial Tools via Hiro Finance Acquisition

OpenAI has purchased Hiro Finance, a specialized startup focused on intelligent personal money management. The transaction was first disclosed by Hiro’s founder and CEO, Ethan Bloch, via a professional networking update on April 13, 2026, with OpenAI promptly verifying the news to reporters. However, the… Read More

AI Protection Platform Artemis Emerges From Stealth With $70M Seed/Series A

Artemis, an AI-native protection platform that delivers real-time detection and automated response, emerged from stealth this week with $70 million in combined seed and Series A funding, six months after founding. The Series A was led by Felicis with First Round Capital and Brightmind returning… Read More

Alpaca, Wallace Finance Partner to Launch Direct Indexing and ETFs Platform for Retail Investors

Wallace Finance, an AI-powered fintech platform, has joined forces with Alpaca to roll out a trading platform designed specifically for everyday investors. The new service brings advanced direct indexing and fully customizable ETF tools to retail users, allowing them to build, tweak, and share highly… Read More

Galileo to Power SoFi FedNow Transfers

Galileo Financial Technologies, SoFi’s technology platform (NASDAQ: SOFI), this week announced that SoFi, N.A. is offering instant bank transfers via the FedNow Service powered by Galileo’s payment technology. The new capability lets SoFi members move money in seconds between their SoFi accounts and their accounts… Read More

UK Financial Institutions Need to Stop Funding AI Pilots, Start Building Platforms : Analysis

There’s an ongoing race to adopt artificial intelligence and many UK financial institutions are discovering a harsh reality. A successful proof-of-concept is not the same as genuine enterprise readiness. According to a new analysis published by UK Finance, the industry’s heavy emphasis on isolated AI… Read More

Swedish Paytech SolvaPay Confirms $2.8M Pre-Seed

SolvaPay, an AI payments platform based in Stockholm, this week announced $2.8 million in pre-seed funding to build out its new payment infrastructure platform. The funding was led by European Fintech VC Redstone and Silicon Valley-based MS&AD Ventures, with participation from Antler and Greens Ventures,… Read More

UK’s Financial Conduct Authority (FCA) and Turing Institute Introduce Synthetic Dataset to Fight Money Laundering

The UK’s Financial Conduct Authority (FCA) has joined forces with research and technology partners at the Turing Institute and Plenitude Consulting to create a synthetic dataset designed to enhance the fight against money laundering. This initiative tackles a long-standing obstacle in financial crime prevention: the… Read More

ClearBank Reports Third Year of UK Profitability as Revenue Surges and Payment Volumes Increase

ClearBank, a provider of real-time clearing and embedded banking solutions, has marked its tenth anniversary with another seemingly solid performance, securing its third straight year of profitability in the UK. The company reported robust expansion in 2025, driven by higher fee-based earnings and a sharp… Read More

Funding Circle Expands Funding Facility to Support FlexiPay Growth

Funding Circle lobby

Funding Circle Holdings plc (LSE: FCH), the United Kingdom’s platform for financing small and medium-sized enterprises, has successfully renewed and enlarged its primary funding arrangement for its FlexiPay division. The new facility totals £320 million, an increase from the prior £240 million limit, and now… Read More

UK SMEs Face Ongoing Cash Flow Pressures, Report Reveals

Small and medium-sized enterprises across the UK are navigating persistent cash flow challenges, according to insights from specialist lender iwoca. A recent survey of more than 1,000 SME owners reveals widespread vulnerability, with many operating on limited financial buffers and struggling with irregular income streams… Read More

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