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Adclear Secures £510K Funding to Revolutionize FCA Marketing Compliance Automation for FinTechs
Adclear, a RegTech startup focused on automating marketing compliance for FinTech companies, has secured £510,000 in pre-seed funding. Notable investors, including Haatch and Founders Capital, supported this round to enhance Adclear’s AI-driven solutions, which assist firms in meeting Financial Conduct Authority (FCA) regulations. Companies like Plum and Trade Nation are already utilizing Adclear’s platform. The funding will be used to improve AI capabilities, expand the team, and broaden compliance to EU and US regulations. Co-founders highlighted their commitment to helping fintechs streamline compliance workflows and focus on innovation, aiming for growth in both the UK and international markets.
Jericho Security Secures $15M Funding to Revolutionize AI-Driven Cybersecurity Solutions
Jericho Security, a New York-based cybersecurity firm, has raised $15 million in a Series A funding round, bringing its total capital to $20 million since its 2023 inception. Led by Era Fund and supported by investors like Dash and Lux Capital, the funding will enhance its AI-powered employee training solutions against cyber threats, particularly phishing and deepfakes. The platform features dark web intelligence to create realistic training simulations. CEO Sage Wohns highlighted the dynamic nature of modern phishing attacks, emphasizing the need for innovative defenses powered by AI. Jericho also offers a self-service portal with a seven-day free trial for users.
Kin Unveils Innovative Home Insurance in California to Bridge the Coverage Gap
Kin, a direct-to-consumer home insurance provider, has expanded its offerings to include comprehensive home insurance for California homeowners, addressing the challenges of securing coverage in wildfire-prone areas. The situation has worsened since the January 2025 wildfires, with nonrenewal rates tripling, leaving many without options. Kin aims to counter the perception that California is uninsurable by utilizing innovative technology and analytics. Their digital model enhances customer interactions and offers tailored solutions for wildfire risks. CEO Sean Harper emphasizes the importance of adapting to environmental changes, ensuring homeowners can feel secure in their properties.
Massimo Cavadini Joins WTW to Spearhead Insurance Analytics Growth, Bringing Expertise from Munich Re
WTW has appointed Massimo Cavadini as the new head of product, pricing, claims, and underwriting for Continental Europe, underscoring its commitment to enhancing insurance analytics. Cavadini, who previously led the global insurance solutions team at Munich Re, will oversee the expansion of consulting, software solutions, and technological advancements, focusing on AI and advanced analytics for insurers. His expertise in pricing and underwriting, along with a doctorate in astrophysics, positions him as a key asset for WTW. Cavadini expressed excitement about leveraging analytics to improve decision-making for clients, while WTW aims to strengthen its market presence through innovation.