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Wealthbox Secures $200 Million Investment from Sixth Street Growth to Accelerate Expansion and Innovation


Wealthbox, the #1-rated CRM software platform for financial advisors, announced today that it has entered into a definitive agreement for a $200 million strategic majority investment from Sixth Street Growth, the growth investing business of leading global investment firm Sixth Street. The partnership marks a major milestone in Wealthbox’s evolution and positions the company to further scale

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Saphyre Launches AI Agent for Onboarding, Enabling Fund Launch by Email


Saphyre, the leading fintech platform for pre-trade and post-trade intelligent automation, today announced the launch of its AI Agent for Onboarding, a game-changing capability that allows brokers and clients to initiate full fund onboarding simply by sending an email. With no portals, forms, or extra tools required, the AI Agent for Onboarding enables firms to meet their

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NEC Specialty Inc. Adopts Expert Insured to Power Next-Gen Underwriting and Policy Management


NEC Specialty Inc. a leading managing general agency (MGA) serving brokers across the East Coast, has officially gone live on the Expert Insured Policy Management platform an advanced, AI-driven system built specifically for MGAs and wholesale distributors. This strategic move underscores NECS’s commitment to innovation and operational excellence. NECS operates as an independent MGA, distinct

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BACKLIT CAPITAL SOLUTIONS LAUNCHES PREMIER LEGAL FINANCE CONSULTANCY


Backlit Capital Solutions today announced the launch of its full-service legal finance consultancy helping claimants, law firms, lenders and investors navigate the legal finance and contingent risk insurance market. Backlit provides capital access and strategic advisory services to claimants and law firms, as well as targeted deployment strategies, portfolio management guidance, risk mitigation, and asset

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Optalitix launches Model Monitoring to transform insurance pricing oversight


UK-based InsurTech firm Optalitix has launched Model Monitoring, a new feature for its flagship Optalitix Models platform, offering real-time tracking and analysis of insurance pricing models. The tool allows insurers to monitor model usage, detect anomalies, and optimise performance, resulting in faster quote generation and more accurate pricing. Model Monitoring supports all major modelling formats, including Excel, Python,

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Kiwi secures $7.8m to grow AI-powered credit platform for Latinos


Kiwi, a FinTech company focused on building AI-driven credit and financial tools for underbanked Latino communities in the US, has closed a $7.8m Series A funding round. The round was co-led by LIP Ventures and Advent-Morro Equity Partners, with further backing from Morro Ventures, Independent Capital, Neer Venture Partners, Invariantes Fund, and others. This latest

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Nomupay raises $40m to expand Asia payments with SBPS partnership


Nomupay has secured $40m in funding alongside entering a strategic partnership with Japan-based SB Payment Service Corp (SBPS). According to Tech EU, the latest funding round, which values Nomupay at $290m, includes an investment from SBPS. The capital injection marks a milestone in the company’s efforts to accelerate cross-border payment capabilities between Asia and the rest

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Tietoevry Banking partners with Finance Innovation to boost Norwegian FinTech innovation


Tietoevry Banking has officially joined NCE Finance Innovation, a key Norwegian FinTech cluster, in a move designed to drive innovation, collaboration and digital transformation across the financial sector. The partnership aims to enhance knowledge-sharing among industry players. Finance Innovation is a nationally recognised cluster supported by Innovation Norway and focuses on uniting finance and technology

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Saudi FinTech Stitch raises $10m to streamline digital banking infrastructure


Stitch, a Saudi Arabia-based FinTech company, has raised $10m in seed funding to support its mission of transforming how financial and non-financial institutions build banking and payment products. The round attracted backing from investors including Arbor Ventures, COTU Ventures, Raed Ventures, and SVC. It also saw participation from family offices and industry veterans such as