Ramp Secures $200M Series E Funding at $16B Valuation
Ramp has raised $200 million in a Series E funding round, led by Founders Fund, bringing its valuation to $16 billion.
AI applications in financial services, including trading platforms, FinTech, risk management solutions, accounting systems, and wealth management technologies.
Ramp has raised $200 million in a Series E funding round, led by Founders Fund, bringing its valuation to $16 billion.
Concirrus has expanded its presence in the US specialty insurance market by deploying its AI-powered underwriting platform with a major insurer, announced in a press release.
KX has launched its AI Banker Agent, a production-grade AI blueprint for global markets trading, built in collaboration with NVIDIA. This agentic AI aims to transform banking operations in fast-paced trading environments.
TD Bank Group has launched TD AI Prism, a new AI foundation model designed to predict customer needs and personalize banking experiences.
Farsight has raised $16 million in a Series A funding round led by SignalFire to enhance its financial workflow automation technology.
BNP Paribas has introduced an internal LLM as a Service platform to enhance generative AI use cases across its businesses, as announced in a press release.
FlowX.AI has launched FlowX.AI 5, a new AI-driven architecture designed to modernize banking systems efficiently, as announced in a press release.
LTX, a division of Broadridge Financial Solutions, has launched BondGPT Intelligence, integrating generative AI into trading workflows to deliver actionable insights.
Markel Insurance has announced a strategic collaboration with Insurate to improve middle-market workers compensation using AI and innovative safety scoring, as stated in a press release.
Saphyre has been awarded the Innovation in AI Award by Global Custodian, recognizing its AI-driven solutions in financial services.
BridgeWise has introduced SignalWise, an AI-powered system for real-time market intelligence, unveiled at Money20/20 Europe.
Appian has introduced Connected Claims 2.0, an AI-driven solution for insurance claims management, enhancing workflow efficiency and fraud detection.
Vantagepoint A.I. has announced a significant expansion of its ETF coverage, adding over 70 new funds across 10 sectors, enhancing its predictive forecasting capabilities.
Crabi has raised $13.6 million to enhance its AI-driven auto insurance platform across Mexico, announced in a press release. The funding will support the expansion of its distribution network and AI solutions.
Burstverse has closed its seed funding round to advance its AI-driven decentralized finance platform, attracting investors like Borderless Capital and Bigbrain Holdings.
The FinOps Foundation has launched a new training series and certification, 'FinOps for AI,' to help practitioners manage AI-related cloud spending, announced in a press release.
FISPAN has raised $30 million in Series B funding led by Canapi Ventures to enhance its embedded ERP banking solutions for mid-market businesses.
JPMorgan Chase's LLM Suite has been awarded the 2025 Innovation of the Year grand prize by American Banker, recognizing its large-scale AI deployment across the bank.
AgentSmyth has raised $8.7 million in a seed round co-led by FinTech Collective and Thomson Reuters to enhance its AI-driven trading platform.
Scripta Insights has announced a partnership with RxSaveCard to help self-insured employers cut prescription drug costs and enhance fiduciary compliance.