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Pioneer Insurance partners with Sapiens to drive digital transformation in the Philippines


Pioneer Insurance has chosen Sapiens to enhance its digital transformation efforts in the Philippines. The collaboration will see Pioneer leverage Sapiens Insurance Platform to accelerate digital transformation and enhance customer experience. The partnership marks a significant step for Pioneer as it aims to modernise its operations, scale its capabilities, and embrace digitalisation. By implementing Sapiens’


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FinScan enhances payment screening for faster, safer transactions


FinScan, an anti-money laundering (AML) compliance solution from Innovative Systems, has enhanced its payment screening solution, FinScan Payments, to accelerate transaction workflows while strengthening financial crime prevention. According to recent research from Datos Insights, 91% of surveyed financial institutions (FIs) are investing significantly in payment modernisation. Despite this, many firms still operate with legacy AML


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FutureVault secures $3m to enhance AI-powered digital vault technology


FutureVault, a provider of AI-powered digital vault solutions, has secured $3m in equity financing, bringing its total funding since inception to $31m. The latest investment round saw participation from founder and executive chairman G. Scott Paterson, CEO Daniel Kenny, and a mix of existing shareholders and select new investors. FutureVault specialises in digital vault solutions


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FinTech startup SparkReceipt secures investment from Trind Ventures for global expansion


SparkReceipt, a pre-accounting software provider based in Finland, has secured investment from Trind Ventures. The funding round, which remains undisclosed, also received support from the European Union under the InvestEU Fund and Business Finland. The company provides AI-powered pre-accounting software designed to simplify bookkeeping for micro-businesses, with operations spanning nearly 100 countries. The platform automates


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UK AI FinTech Quantexa secures $175m Series F, hitting $2.6bn valuation


Quantexa, a global provider of AI-driven decision intelligence solutions, has successfully closed a $175m Series F funding round. The funding round was led by Teachers’ Venture Growth (TVG), part of the Ontario Teachers’ Pension Plan, with ongoing support from existing investors such as British Patient Capital. Other backers in Quantexa include Warburg Pincus, Dawn Capital,


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Blockchain payments firm SatoshiPay secures €850k to expand Vortex globally


SatoshiPay, a blockchain payments firm, has successfully closed an €850k fundraising round to accelerate the expansion of its payment solution, Vortex. Built on the Pendulum network, Vortex aims to streamline global transactions by bridging stablecoins with local fiat currencies. The round saw participation from several notable investors, including CoinShares chairman Danny Masters, SatoshiPay co-founder Meinhard


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Bourn raises £1.5m seed funding to revolutionise SME cash flow management


Bourn, a UK-based FinTech startup focused on SME finance, has secured £1.5m in seed funding to support the expansion of its AI-powered Flexible Trade Account (FTA). The funding round was led by Haatch, with participation from fintech investors Love Ventures, Portfolio Ventures, and Aperture, alongside private backers. Founded by Roger Vincent, Nick Tracey, and Paul


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CredCore raises $16m to accelerate AI-driven credit investing and management


AI-powered credit investment platform CredCore, which specialises in transforming debt capital markets for lenders and borrowers, has secured $16m in a Series A funding round. The round was led by Avataar Ventures, with additional backing from Inspired Capital, Fitch Group, BellTower Partners, and senior executives from asset management and financial services. CredCore is tackling inefficiencies in