With a round led by 8VC, the San Francisco startup is targeting the back-office bottleneck that costs financial institutions billions in redundant manual labour, and it already has results to show. Saris, a San Francisco-based agentic workflow platform built for banks and credit unions, raised $28.8 million in Series A financing on 28 May 2026. The round was led by 8VC, the Austin-based venture firm with over $6 billion in assets under management, with co-investment from Auda

Gradient Labs has expanded its Series A funding round to $26 million, adding Octopus Ventures and CommerzVentures as new lead investors, with follow-on participation from Redpoint Ventures and Exceptional Capital. The London-based startup, which builds AI agents to automate regulated workflows in financial services, now reaches more than 32 million end users and recorded 900% revenue growth over the past twelve months. What does the $26M mean for banking operations? The capit

Cross-border business account opening and trade finance for small and medium-sized enterprises just got a credible technical blueprint. Project Aperta, led by the Bank for International Settlements (BIS) Innovation Hub Hong Kong Centre and the Global Legal Entity Identifier Foundation (GLEIF), has produced and tested a working prototype that links domestic open finance networks across the United Kingdom, the United Arab Emirates, Brazil, Hong Kong, and India through a single

Mastercard has secured a BitLicense from the New York State Department of Financial Services (NYDFS), granting its subsidiary Mastercard Transaction Services (U.S.) LLC formal authorization to conduct digital asset business in one of the world's most demanding regulatory environments. The approval, announced on May 27, 2026, positions the world's second-largest card network to begin integrating stablecoin and tokenized deposit settlement into its core infrastructure, operatin

Sella SGR, the asset management arm of the 139-year-old Banca Sella Group, has launched its first Alternative Investment Fund targeting institutional clients, combining European equity and dynamic options management inside a structure designed to exceed UCITS concentration limits. Sella SGR, the Milan-based asset management company of Banca Sella Group, has moved into the Alternative Investment Fund market for institutional investors with the launch of "Alternative Equity Eur

Anthropic ships Wall Street-ready AI agents and FIS jumps in. BlackRock files two new tokenized funds. Google warns the quantum clock is ticking faster than the cybersecurity industry expected. This is the week finance's frontier technologies stopped being a 2030 thesis and started becoming a 2026 line item. Anthropic walks into the bank The headline of the week, by a comfortable margin, is Anthropic's full-throttle push into financial services. According to Fortune (5 May, 2

The third PIMFA Women's Symposium drew more than 600 delegates and 95 speakers to London this week, making it the largest gathering to date for the trade body representing UK wealth management, financial advice and planning. The two-day event, hosted by PIMFA Chief Executive Liz Field, used its expanded format to push three commercially significant agendas: the regulatory expectation on AI adoption, the campaign to revive UK retail investment culture, and the structural wealt

Munich-based mobility fintech ryd has launched ryd fleet, a digital-first fleet payment operating system built with Mastercard, removing the physical fleet card from European commercial vehicle operations and replacing it with a tokenized virtual card that lives inside the driver's app and the vehicle's infotainment system. The product went live on 21 May 2026 and targets a European fleet card base that stood at roughly 6.7 million cards in 2023, according to MarketGrowthRepo

FinanceX Magazine is proud to announce its official media partnership with ITC Vegas 2026, the world's largest gathering for innovation in insurance. Taking place September 29 – October 1, 2026, at Mandalay Bay Resort & Casino in Las Vegas, Nevada, the event will once again bring together the global insurance ecosystem under this year's theme: The Horizon of Possibilities: Predict, Prepare, Progress. A convening point for the global insurance industry ITC Vegas 2026 is expect