Fintech and ecommerce

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Spektr raises $20M to replace the compliance analyst’s copy-paste workflow with AI agents

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The Copenhagen fintech has built a platform of specialised AI agents that handle KYC and KYB work, document reviews, ownership mapping, risk rationale, in minutes rather than hours. NEA led the Series A; Northzone, Seedcamp, and PSV Tech participated. Spektr, a Copenhagen-based startup building AI infrastructure for financial compliance, has raised $20 million in a […]

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Round raises $6M to automate the finance workflows that still require a human to press a button

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The London fintech, used by Cleo and PostHog, has closed a seed round led by Alstin Capital, with Backed VC and Love Ventures participating. The co-founder of Indeed also joined as an angel. Passion Capital, an early backer of Monzo, Tide, and GoCardless, doubled its investment. Round, a London fintech that automates treasury management, payments, […]

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Meow Technologies launches the first agentic banking platform for AI agents

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In short: Meow Technologies has launched what it describes as the world’s first agentic banking platform, enabling AI agents to open business bank accounts, issue cards, send payments, and manage day-to-day account activity on behalf of users, with no human required to initiate any action. The platform supports Claude, ChatGPT, Cursor, Gemini, and other leading AI […]

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Revolut launches its new AI assistant AIR to UK customers

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Revolut, the British virtual bank platform, has just launched its new AI financial assistant named AIR (AI by Revolut) to its more than 13 million customers in the UK.  The new AI assistant allows customers to manage their finances through in-app chat, their spending insights, investment tracking, subscription monitoring, and card management. It also provides […]

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BILL lets enterprise suppliers collect from any SMB, even ones not on its platform

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In short: BILL has expanded its Supplier Payments Plus product to let large enterprise suppliers accept card and ACH payments from any SMB customer, including those with no BILL account, converting paper checks into digital transactions automatically and depositing card payments directly into supplier accounts. The company says the changes can shorten collection times by up […]

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Monzo is shutting down its US operation, and its European banking licence explains why

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In short: Monzo announced on 1 April 2026 that it is closing its US operations, stopping new American sign-ups immediately and shutting existing accounts by June, and cutting approximately 50 roles. The decision comes three months after the UK challenger bank received a full banking licence from the European Central Bank and the Central Bank of […]

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Klarna just struck a $1.7 billion deal to free up capital for $40 billion in lending. Its stock is down 76 per cent from its IPO high.

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Six months after listing on the New York Stock Exchange at $40 a share, Klarna is trading at roughly $12. The Swedish buy-now-pay-later company that once symbolised European fintech’s arrival on Wall Street has lost more than three quarters of its market value since its September debut. On Tuesday, it announced a $1.7 billion significant […]

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Klarna just struck a $1.7 billion deal to free up capital for $40 billion in lending. Its stock is down 76 per cent from its IPO high. Read More »

Credibur hits €2B in debt facility volume on its private credit infrastructure platform

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The Berlin fintech, which raised $2.2M in pre-seed in July 2025, has connected clients managing €2 billion in structured debt portfolios to its continuous monitoring and reconciliation platform, faster than almost any comparable infrastructure startup. Credibur, the Berlin-based infrastructure fintech building operational control software for non-bank lenders and their capital providers, has reached €2 billion […]

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The Multi-Hop Challenge: Understanding Indirect Blockchain Exposure in Compliance

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Public blockchains operate as permissionless networks where anyone can send digital assets to any address at any time. This open architecture creates a fundamental technical challenge for compliance teams tracking the flow of funds. Digital assets rarely travel in straight lines. They often move through multiple intermediate wallets before reaching a final destination. This multi-hop […]

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Pagaya just proved Wall Street will buy AI-underwritten auto loans twice

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Three years ago, institutional investors took a leap of faith when they purchased bonds backed by auto loans that an algorithm had selected. Now Pagaya Technologies is asking them to do it again, with the very same loans. The Israeli-founded, New York-headquartered fintech announced on Monday that it has closed a $450 million auto resecuritization […]

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