AI-led insurance claims automation company, Sprout.ai, has raised £5.4 million in a round led by venture capital investors Amadeus Capital Partners and Praetura Ventures. 

UK investor Capricorn Capital Partners, US investor Forefront Venture Partners, Canadian investor Verstra Ventures and UK investor Portfolio Ventures Angel Fund join Sprout.ai’s existing investors, Octopus Ventures, Playfair and Techstars in the round.

AI has the potential to radically transform at least 100 different everyday banking processes and create value across five core areas, according to a new report by benchmarking AI platform Evident.

Paymentology, a leading global issuer-processor, today announces it is the first issuer processor in Europe to secure Visa Cloud Connect (VCC) certification from Visa, a world leader in digital payments. 

Hedron Network, part of Brown & Brown (Europe),  has signed a three-year deal for the recently launched FullCircl + Acturis integration.  Hedron’s bold decision to become an early adopter of this unique connected data solution forms part of its strategy to build a ‘growth ecosystem’ for its partner brokers, further differentiating its position as the network driving the future of independent broking success in the UK.

Nutanix has announced it has been named a Leader in The Forrester Wave™: Hyperconverged I

Mettle, the free business bank account built for the self-employed by NatWest, now offers the award-winning accounting software FreeAgent‘s tax calculation in-app. This integration within a business bank account will give the self-employed more confidence around their business admin and give them a real-time view of the tax they owe.

Thunes, the global B2B cross-border payments infrastructure company, has appointed Chloé Mayenobe as its new Chief Operating Officer. Mayenobe joins Thunes at a pivotal moment as the company continues its strategic expansion following its successful Series C fundraising in July 2023. 

A seasoned tech leader based in our Paris office, she brings a wealth of expertise in transforming and scaling payments firms into their next growth phase.

TrueLayer, Europe’s leading open banking payments network, today announced that iconic UK gaming operator William Hill is now using TrueLayer’s Payments product to enable instant pay-ins and payouts for players in the UK.

Coincover, the blockchain protection company, and AlphaPoint, a global financial technology company providing digital asset infrastructure, have partnered to provide an additional layer of protection for AlphaPoint customers.  

DTCC, the premier post-trade market infrastructure for the global financial services industry, today announced the launch of Trade Reporting Analytics and UTI Exchange as part of its DTCC Report Hub service.