BBVA Expands AI Capabilities with Google Cloud Partnership
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Niural's $31M AI Boost, Policybazaar's 15-Minute Policies, and Goldman Sachs' AI Assistant - Finance AI Weekly #21
June 30, 2025 -
Finance AI Weekly
Hi there,
Welcome to this week's edition of Finance AI Weekly.
In today's rapidly evolving financial landscape, Niural has secured $31 million in Series A funding, led by Marathon Management Partners, to bolster its AI capabilities and pursue global expansion. Meanwhile, Policybazaar has significantly reduced the time required to issue insurance policies by implementing AI, cutting the process from four hours to just 15 minutes for nearly half of its clients. This advancement also enhances fraud detection and customer service operations.
In other news, Spinwheel has raised $30 million to improve AI-driven consumer credit data solutions, addressing outdated systems and fragmented data access. Goldman Sachs has introduced a generative AI assistant to enhance employee productivity, while JuanHand has utilized AI to distribute over P55 billion in loans to first-time borrowers in the Philippines. Additionally, Accelitas has appointed Susan Bean as Director of Business Development for North America, aiming to strengthen its presence in the financial services sector.
Welcome to this week's edition of Finance AI Weekly.
In today's rapidly evolving financial landscape, Niural has secured $31 million in Series A funding, led by Marathon Management Partners, to bolster its AI capabilities and pursue global expansion. Meanwhile, Policybazaar has significantly reduced the time required to issue insurance policies by implementing AI, cutting the process from four hours to just 15 minutes for nearly half of its clients. This advancement also enhances fraud detection and customer service operations.
In other news, Spinwheel has raised $30 million to improve AI-driven consumer credit data solutions, addressing outdated systems and fragmented data access. Goldman Sachs has introduced a generative AI assistant to enhance employee productivity, while JuanHand has utilized AI to distribute over P55 billion in loans to first-time borrowers in the Philippines. Additionally, Accelitas has appointed Susan Bean as Director of Business Development for North America, aiming to strengthen its presence in the financial services sector.
Niural Secures $31 Million for Global Expansion
Niural, an AI-native PEO, has raised $31 million in Series A funding to enhance its AI capabilities and support global expansion, focusing on streamlining payroll and financial operations. Read more
Policybazaar Uses AI to Speed Up Policy Issuance
Policybazaar has implemented AI to reduce the time taken to issue insurance policies from four hours to 15 minutes for 48% of its customers, while also improving fraud detection and customer service. Read more
Spinwheel Secures $30 Million for AI in Credit Data
Spinwheel has raised $30 million in Series A funding to enhance its AI-driven consumer credit data platform, aiming to improve data access and management in the credit ecosystem. Read more
Goldman Sachs Introduces AI Assistant for Employees
Goldman Sachs has launched a generative AI assistant for all employees to enhance productivity through document summarization, content drafting, data analysis, and research translation. Read more
JuanHand Disburses P55 Billion in Loans Using AI
JuanHand, part of the FinVolution Group, has distributed over P55 billion in loans to over 2.5 million new borrowers in the Philippines, utilizing AI to enhance credit access. Read more
Accelitas Appoints New Director for North America
Accelitas has appointed Susan Bean as Director of Business Development for North America, aiming to expand client relationships and drive revenue growth in the financial services sector. Read more
S2W, Fino, and Signet Partners Collaborate on AI Security in Finance
On June 30, 2025, S2W announced a strategic partnership with Fino and Signet Partners to enhance AI security in the financial sector. The collaboration will focus on AI security projects, transaction detection systems, and AI-based credit risk management models. Read more
Finom Secures €115 Million for European Growth
Finom, a digital financial services platform, has raised €115 million in a Series C funding round. The investment aims to expand its customer base across Europe, targeting one million business customers by 2026. Read more
I&M Group Partners with ThetaRay for AI Financial Crime Platform
I&M Group PLC has partnered with ThetaRay to implement an advanced Anti-Money Laundering (AML) platform across its operations in Kenya, Tanzania, Rwanda, Uganda, and Mauritius. This partnership aims to streamline compliance processes into a centralized AI-powered system, enhancing the bank's ability to manage financial crime risks and regulatory demands. Read more
S&P Global Market Intelligence Updates Capital IQ Pro with GenAI
S&P Global Market Intelligence has introduced GenAI-powered enhancements to its Capital IQ Pro platform, focusing on strategic decision-making and planning. The updates include expanded data for private markets and energy transition insights. Read more
Aon Introduces AI-Powered Broker Copilot
Aon has launched the Aon Broker Copilot platform, which uses AI and predictive analytics to improve the insurance placement process by providing real-time market insights. Read more
Bradesco Enhances AI with Generative Tools
Bradesco, a major Latin American bank, has implemented three generative AI tools to improve customer service, achieving a 90% retention rate for its chatbot. This initiative, supported by Bain & Company, aims to scale AI across the organization. Read more
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