Anthropic Launches 10 Claude AI Agents for Banks and Insurers
Anthropic is expanding Claude into financial services with AI agents for banks, insurers, asset managers, and fintech teams.
AI Insider·
PayPal CEO Enrique Lores used the company’s first-quarter earnings call to outline an AI-driven turnaround, telling investors the fintech giant must recommit to its technology roots by aggressively adopting AI across development, customer service, and risk management. Lores announced a dedicated AI transformation team reporting directly to him, tasked with redesigning core processes function by […]
Read full articleAnthropic is expanding Claude into financial services with AI agents for banks, insurers, asset managers, and fintech teams.
PayPal is pitching an AI-led turnaround, tying automation and restructuring to $1.5B in savings as it cuts jobs and works to modernize its tech stack.
Large U.S. venture deals this week were led by a massive defense tech raise for space security startup True Anomaly. We also saw sizable deals for startups applying AI to fintech, marketing, customer service, health care and developer tools.
Insider Brief PRESS RELEASE — Illuminate Financial, the specialist venture capital firm focused on technology for financial services, announced it has raised $135 million for its Early Growth Fund from investors including BNP Paribas, Citi, Deutsche Börse, HSBC, Jefferies, RBC, S&P Global, and TD Securities. The fund targets Series B+ Enterprise AI and Fintech companies at the critical […]
A new PayPal survey finds most merchants still lack the infrastructure to compete, as AI agents increasingly drive product discovery and purchasing.
On the stand, Elon Musk is positioning himself as a savior. In the high-profile trial between him and his fellow OpenAI co-founder, now CEO, Sam Altman, Musk opened by going through his background. He went as far back as being raised in South Africa and arriving in Canada for college with "2,500 in Canadian travelers' checks and a bag of clothes and books," then spent an unusually long time talking about his past, from Zip2 to PayPal to the current, more familiar slate of companies he now runs. Why is Musk giving the jury so much of his origin story? Though he may be, depending on the day, the world's wealthiest individual, Musk suggested … Read the full story at The Verge.
Copenhagen-based Spektr, which uses AI to tackle the manual drudgery of financial compliance, raised $20 million in a Series A funding round, the company tells Crunchbase News exclusively.
Global venture funding to financial technology startups totaled $12 billion across 751 deals in 2026 as of April 6, per Crunchbase data. That’s a 5% increase in dollars raised compared to the $11.4 billion raised across 1,097 deals during the same time period in 2025.