How is AI a Benefit to the Digital Economy?; Casap Using AI to Fix Credit Card Disputes

Of Note

Drexel Morgan Advisors Drives AI Fintech Innovation with Record Capital Raises in 2025

“The integration of AI into financial services is reshaping the industry, creating unparalleled opportunities for innovation,” said Jonathan Drexel, Senior Managing Partner at Drexel Morgan Advisors. “We are proud to support the next generation of fintech leaders, helping them secure the funding needed to scale their AI-driven solutions. Our team’s blend of technological insight and capital market expertise allows us to guide these companies effectively through their fundraising journeys.”

With over $1.2 billion in assets advised and a portfolio spanning 48 sectors, including nine unicorns, Drexel Morgan Advisors has a proven track record of success. The firm’s founder-first approach involves deep discovery, meticulous research, and tailored fundraising strategies, enabling rapid deal closures—often within 2–3 weeks. Recent mandates include advising companies developing AI-powered financial solutions, such as neural signal interpretation software for advanced authentication systems, reflecting the firm’s strength in bridging technology and finance.

The fintech industry’s resurgence, with a 19% quarter-over-quarter increase in global capital raising in 2024, underscores the growing investor confidence in AI-driven companies. Drexel Morgan Advisors’ ability to navigate regulatory changes, such as the EU’s AI Act and PSD3, ensures clients remain compliant while securing funding. Their flexible, success-driven fee structure, with modest retainers of $20K–$50K, sets them apart from competitors charging high upfront fees, making them a preferred partner for startups.

Innovation

CRED accelerates fintech development workflows with Claude

CRED, a fintech platform serving over 15 million users across India, uses Claude to transform their software development lifecycle and deliver features faster without compromising quality.

AI

Broadridge makes strategic move into AI-driven wealth lending

The transformational role of AI in the wealth tech space continues to prompt collaborations from industry players seeking early adopter advantage.

Stripe: How is AI a Benefit to the Digital Economy?

While the increased use of AI continues to aid in revenue growth, how beneficial could it become in everyday business practices in the future?

Everyone Hates Credit Card Disputes. This Fintech Is Using AI To Fix That.

New York startup Casap has raised $25 million in new funding to help banks tackle the thorny problem of credit and debit card disputes, aiming to make the process smoother for honest customers and tougher for fraudsters.

As FinTech embraces AI, professionals gear up for the next wave of financial innovation

With 90% of Indian financial institutions citing AI as their key innovation driver, the sector is entering a pivotal phase of tech-led transformation. A new 19-week Executive Programme in FinTech and AI online programme from IIM-C, beginning 30 September 2025, is helping professionals across BFSI and FinTech decode emerging tools while staying grounded in financial strategy and regulatory insight.

Payments

Dosh selects Visa's Pismo for core banking and payments tech

Dosh has set May 2026 as the completion date for migrating its more than 40,000 accounts to Pismo's platform.

Visa's A2A Vision: Transforming UK Payment Networks

Mark Wilcocks explains how account-to-account payments could unlock £328bn (US$438.5bn) in economic growth while challenging traditional card networks

Venture Capital

AI-powered fintech Alaan raises $48M, one of the largest Series A rounds in MENA

When Parthi Duraisamy was a consultant at McKinsey’s Dubai office, he discovered that the American Express cards his company relied on for corporate expenses were rarely accepted in the Middle East. This forced Duraisamy to cover significant travel expenses out of pocket and file endless expense reports.

Blockchain

Ant Digital promotes blockchain platform as Hong Kong implements stablecoin law

Ant Group affiliate aims to promote blockchain technology for the tokenisation of real-world assets, executive says

Digital Banking

Digital business bank Grasshopper secures $46.6m in fresh funding

The investment supported Grasshopper's recent merger with Auto Club Trust, the federally chartered savings bank subsidiary of The Auto Club Group (ACG) and Insurance Association.

Dwpbank acquires digital brokerage fintech Lemon.markets

Following the acquisition, Lemon.markets will remain an independent company and will continue to be led by its existing management team as a wholly-owned subsidiary of dwpbank.

Technology

Visa Opens Applications for Cohort 5 of Africa Fintech Accelerator, Unveils 22 Startups in Fourth Cohort

Visa also announced 22 participating startups for the fourth cohort (Cohort 4) of its program, spanning 12 countries.

Wells Fargo: Using Google Agentspace to Innovate Efficiency

Wells Fargo has paired with technology giant Google to revolutionise how it delivers customer service and innovates greater efficiency