TP ICAP's new institutional credit venue merges Neptune's dealer axe data with Liquidnet's execution infrastructure, promising buy-side firms sharper pre-trade intelligence and reduced spread costs across a $41 trillion global corporate bond market. TP ICAP launched RealQ on 8 June 2026, a dedicated institutional credit trading and data platform that consolidates dealer axe and inventory data with electronic execution workflows for the first time under a single interface. The

Retail investors in dozens of countries now have a route into the largest initial public offering in history at the offer price, thanks to a product launch that places crypto exchange infrastructure at the centre of a market traditionally controlled by investment banks. Bybit, the world's second-largest cryptocurrency exchange by trading volume, launched Bybit IPO Express on 7 June 2026, giving eligible users the ability to subscribe to tokenized representations of SpaceX sha

The deal splits two companies' AI ambitions cleanly: Portage AI takes the front-end workflow automation, Insurwave doubles down on real-time risk intelligence. The London and Bermuda markets will feel the effects quickly. Specialty insurance AI has a new owner in the London market. Portage AI Inc has acquired the AI submission ingestion unit of Insurwave Limited, including its technology stack and specialist team, in a strategic carve-out that reshapes how both companies will

AI-powered anti-scam company Aviel Intelligence has won the Start-Up Pitch Competition at Money20/20 Europe 2026, the industry's largest annual gathering, held 2–4 June in Amsterdam. The win spotlights a broader cohort of six companies tackling fraud, identity infrastructure, embedded lending, behavioural risk, and modular digital banking — each chosen to present at the event's inaugural Start-Up Media Session. Who Won the Money20/20 Europe 2026 Pitch Competition — and Why It

With a round led by 8VC, the San Francisco startup is targeting the back-office bottleneck that costs financial institutions billions in redundant manual labour, and it already has results to show. Saris, a San Francisco-based agentic workflow platform built for banks and credit unions, raised $28.8 million in Series A financing on 28 May 2026. The round was led by 8VC, the Austin-based venture firm with over $6 billion in assets under management, with co-investment from Auda

Gradient Labs has expanded its Series A funding round to $26 million, adding Octopus Ventures and CommerzVentures as new lead investors, with follow-on participation from Redpoint Ventures and Exceptional Capital. The London-based startup, which builds AI agents to automate regulated workflows in financial services, now reaches more than 32 million end users and recorded 900% revenue growth over the past twelve months. What does the $26M mean for banking operations? The capit

Cross-border business account opening and trade finance for small and medium-sized enterprises just got a credible technical blueprint. Project Aperta, led by the Bank for International Settlements (BIS) Innovation Hub Hong Kong Centre and the Global Legal Entity Identifier Foundation (GLEIF), has produced and tested a working prototype that links domestic open finance networks across the United Kingdom, the United Arab Emirates, Brazil, Hong Kong, and India through a single

Mastercard has secured a BitLicense from the New York State Department of Financial Services (NYDFS), granting its subsidiary Mastercard Transaction Services (U.S.) LLC formal authorization to conduct digital asset business in one of the world's most demanding regulatory environments. The approval, announced on May 27, 2026, positions the world's second-largest card network to begin integrating stablecoin and tokenized deposit settlement into its core infrastructure, operatin

Sella SGR, the asset management arm of the 139-year-old Banca Sella Group, has launched its first Alternative Investment Fund targeting institutional clients, combining European equity and dynamic options management inside a structure designed to exceed UCITS concentration limits. Sella SGR, the Milan-based asset management company of Banca Sella Group, has moved into the Alternative Investment Fund market for institutional investors with the launch of "Alternative Equity Eur