Finova, one of the UK’s leading providers of cloud-based mortgage, savings and lending software, has today announced a new partnership with Covecta, a UK-based AI company that builds configurable agents and workflows to automate activities for financial institutions.

Finova will integrate Covecta’s advanced AI engine into its product suite, beginning with the introduction of new support agent capabilities across Finova’s lending and broker platforms.

Corgi Insurance has launched a new Startup Program designed to make startup insurance simpler for tech companies.

A Practical Approach to AI Upskilling

Lloyds Banking Group has launched the AI Academy, a programme designed to provide practical AI skills for all colleagues, no matter their role or level. Learning through the academy will include interactive modules, short courses, articles, podcasts, and opportunities for community learning. Learning is tailored to the different ways colleagues use AI from AI Users to AI Leaders, Builders and Enablers.

Capital.com, the global fintech group and online trading platform has selected AI-powered operational data automation platform Duco to transform its critical client and payment reconciliations.

payabl., a leading European financial technology provider, has appointed Breno Oliveira as Chief Product Officer (CPO).

Merchant Rentals Limited, part of the PayPoint Group and a leading provider of flexible financing and rental options for point-of-sale (POS) payment terminals, has announced a new supplier agreement with European Information Technology (EIT).

EIT are a trusted provider of payment, logistics, and IT services across the UK, with flexible acquiring options and a wide range of agnostic terminal choices from leading brands such as Castles, PAX, and Verifone.

Stoïk, Europe’s first insurtech specialising in cyber risk for companies with revenues of up to €1bn, announces the closing of a €20m Series C funding round. The round was co-led by Impala, owned by the Veyrat family, which joins the company as a new investor, and Opera Tech Ventures, a long-standing investor of Stoïk, with the participation of existing investors Alven and Andreessen Horowitz.

CheckSig, an Italian fintech founded in 2019 by Ferdinando Ametrano and Paolo Mazzocchi with the goal of making crypto services safe and transparent for private and institutional investors, has announced the closing of a Series A extension funding round of €3.5 million. The capital raised will be used to accelerate the company’s growth in Italy and abroad, strengthening its leadership in the European crypto sector.

Network International  (Network),a leading fintech company in the Middle East and Africa, and flydubai, the Dubai-based carrier, have announced a collaboration to deliver an enhanced, seamless payment experience for passengers at Dubai International Airport (DXB).

Monnai, a global identity and risk data infrastructure company, announced a $12 million equity funding round, led by Motive Partners, as the company scales a profitable identity and risk data infrastructure powering real-time identity, fraud, and credit decisioning for global financial institutions, and digital businesses. The round also includes participation from some existing investors, including Commerce Ventures and 500 Global. Since its founding in August 2021, Monnai has raised more than $23 million in total funding.