FinVolution's $1.8B Surge, Alkymi & Google Cloud's Saudi Expansion, Nearmap's AI for Insurers - Finance AI Weekly #7
March 24, 2025 -
Finance AI Weekly
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Welcome to this week's edition of Finance AI Weekly.
FinVolution Group has reported a 4.1% increase in revenue, reaching US$1.8 billion for 2024, driven by international expansion and advancements in AI technology. Meanwhile, Alkymi has teamed up with Google Cloud to enhance data workflows for asset and wealth management firms in Saudi Arabia, focusing on data security and privacy compliance.
In other news, TE+A Marketing and WealthFeed have formed a strategic partnership to improve investor prospecting through a combination of marketing expertise and an AI-driven platform. Additionally, Nearmap has introduced 'Portfolio Intelligence', an AI solution designed to help property and casualty insurers improve risk assessment and operational efficiency using aerial imagery data.
FinVolution Group Reports 2024 Financial Growth
FinVolution Group announced its 2024 financial results, showing a 4.1% revenue increase to US$1.8 billion, with notable international expansion and AI technology advancements. Read more
Alkymi and Google Cloud Enhance Data Workflows in Middle East
Alkymi has partnered with Google Cloud to deploy its AI-powered platform for asset and wealth management firms in Saudi Arabia, focusing on compliance with regional data regulations. Read more
TE+A Marketing and WealthFeed Form Strategic Partnership
TE+A Marketing and WealthFeed have announced a strategic partnership to enhance investor prospecting for financial services firms by combining marketing expertise with an AI-driven platform. Read more
Nearmap Introduces AI Solution for Insurers
Nearmap has launched 'Portfolio Intelligence', an AI-driven tool for property and casualty insurers to enhance risk assessment and operational efficiency using aerial imagery data. Read more
Crossmint Raises $23.6 Million to Simplify Blockchain for Businesses
Crossmint has raised $23.6 million to enhance its platform for simplifying blockchain application development for businesses and AI agents, with participation from major investors. Read more
Quantifind Ranked #1 in Chartis' 2025 Report
Quantifind has been recognized as the top AI Risk Intelligence Provider in the 2025 Financial Crimes and Compliance 50 Report, emphasizing its role in combating financial crime threats. Read more
AB DAO Partners with Alpha Technology Group for AI and Blockchain
On March 19, 2025, AB DAO announced a strategic partnership with Alpha Technology Group Limited to enhance AI and blockchain applications in supply chain and enterprise operations. Read more
Finastra Launches Enhanced Lending Cloud Service with IBM
Finastra has introduced an improved cloud-based Lending Cloud Service in partnership with IBM, targeting clients in North America and Europe. The service utilizes IBM's watsonx for managed services to offer comprehensive corporate lending solutions. Read more
Bittensor's dTAO Upgrade Enhances Decentralized AI
HTX Research has released a report on Bittensor's dTAO upgrade, highlighting its introduction of market-driven incentives and liquidity pools for subnet tokens to improve decentralized AI infrastructure. Read more
Xiao-I Partners with TF International for AI Financial Services
Xiao-I Corporation has announced a strategic partnership with TF International Securities Group Limited to integrate its Hua Zang Large Language Model into financial services, aiming to enhance investment research, risk management, and operational efficiency. Read more
expert.ai Unveils EidenAI Suite for Insurance
On March 19-20, 2025, expert.ai launched its EidenAI Suite at the Insurtech Insights event in London, aiming to improve claims management, policy personalization, and fraud prevention in the insurance sector. Read more
Saifr Integrates with Adobe GenStudio for Financial Compliance
Saifr, a compliance solution provider under Fidelity Investments, has announced a new integration with Adobe GenStudio to enhance compliant content creation for financial services. This collaboration enables users to utilize Saifr's AI compliance models within Adobe's platform, aiding marketers in managing risks and adhering to regulatory guidelines. Read more
Fin-R1: Financial LLM by Shanghai University & Partners
Researchers from Shanghai University of Finance & Economics, Fudan University, and FinStep have developed Fin-R1, a large language model for financial reasoning and decision-making, featuring a compact 7 billion parameter architecture. Read more
WorkFusion AI Agents Handle 1 Million Alerts Daily
WorkFusion has announced that its AI Agents are now processing one million sanctions and adverse media alerts each day, aiming to modernize financial crime compliance by reducing false positives. Read more
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