Nicole Casperson

DealMaker raises $20 million to expand its retail capital platform, aiming to give founders more control by turning customers into early-stage investors.

Fintech startup Upward raises $8 million and partners with Mastercard to simplify embedded finance for underserved users like gig workers, creators, and solopreneurs.

FIS announces a major partnership with Anthropic, launching a financial crimes agent that puts fintech infrastructure at the center of the agentic AI era in banking.

The venture capital market has changed. After years of growth-at-all-costs, investors are now prioritizing traction, capital efficiency, and sustainable unit economics.

The AI revolution is forcing a "creative destruction" in financial services, with HSBC's Jose Rasco emphasizing that winning companies are those building trust and infrastructure now. While AI democratizes information, a survey reveals investors still rely on human advisors for critical decisions, not AI. Major players like Fiserv and FIS are re-architecting core banking systems with AI, prioritizing "governance by design" to ensure safety and efficiency in areas from loan processing to fraud. This shift frees financial professionals, including wealth managers using Salesforce's Agentic Advisor, from administrative tasks. Consumer platforms like Chime demonstrate AI can boost efficiency and customer experience simultaneously. The ultimate outcome is AI clearing the administrative layer, elevating the human element of judgment, trust, and relationship-building as the most valuable asset in finance.