Welcome to this week’s edition, where we explore the infrastructures defining the next decade of finance and technology. We begin with an exclusive Q&A with Simon Ritterband, founder of Moonrock Insurance, who is rewriting the rules of risk for the burgeoning drone and eVTOL sectors.
In our analysis section, Samarth Shekhar breaks down the latest deal highlights, identifying the shift from “probabilistic” AI to “deterministic” reliability in professional services. Meanwhile, Frank Schwab provides a deep dive into the “cracking” of the institutional barrier in digital assets—explaining why the transition from T+2 to T+0 settlement is no longer a tech dream, but a trillion-dollar reality. Finally, we round up the latest Venture Financing news, celebrating the trailblazing companies that have secured the capital to turn today’s inspiration into tomorrow’s industry standards.
The future is being built in the details. Let’s dive in.
A Q&A with Simon Ritterband from Moonrock Insurance on Enabling Innovation in Emerging Aviation
In the rapidly evolving world of Advanced Air Mobility, innovation often moves faster than the systems designed to protect it. While the horizon is filled with autonomous drones and eVTOL aircraft, traditional insurance has frequently remained grounded by legacy models.
Enter Simon Ritterband and the team at Moonrock Insurance. Founded on the realization that emerging aviation technologies required a new breed of underwriting, Moonrock has transformed insurance from a regulatory hurdle into a strategic enabler for the drone industry.
Based in the heart of London, Simon has steered Moonrock to become a global leader, bridging the gap between cutting-edge robotics and A+ rated financial security. In this Q&A, we sit down with Simon to discuss the complexities of low-altitude airspace and how Moonrock is de-risking the future of flight.
1. Tell us about yourself / your co‑founder(s)
I’m Simon Ritterband, Founder and Managing Director of Moonrock Insurance, a specialist insurance MGA focused exclusively on drones, UAVs, and emerging aviation aircraft.
Moonrock was founded to address a gap I saw first‑hand in aviation insurance: traditional insurers struggled to assess and support new aerial technologies because they lacked technical understanding, data, and risk appetite. Rather than treating these technologies as an exception, we built a business designed to underwrite them from day one.
Over the past decade, Moonrock has grown into one of the leading drone insurers, working with operators, OEMs, brokers, and regulators globally. We combine deep sector expertise with strong A+ rated capacity. We position insurance as an enabler of innovation, not a blocker.
Read more from the interview: Moonrock on Enabling the Future of Low-Altitude Aviation
Deal Highlights
Felix first reminds me of good old RPA. However, they are allowing relevant end-users (read finance, law, professional services etc.) to find a middle point between the rigid, deterministic, but reliable rules of RPAs vs. the intelligent, but not so reliable GenAl agents. However, need to
watch incumbent agents and vertical Al players building out similar capabilities.
Felix raises $1.7m to automate professional services… The platform works by allowing professionals to describe their desired process in plain language, after which Felix automatically deploys code to execute that workflow on a continuous basis. Each automation comes with built-in checkpoints, audit trails, and deterministic outputs, meaning the same input will always produce the same result.
This distinguishes Felix from foundation models such as GPT or Claude, which generate probabilistic outputs that can differ with every prompt. For industries where decisions carry legal, financial, or regulatory weight, that consistency is critical.
In a similar way, Variance is going after the burgeoning challenge of synthetic identities being generated at scale by GenAl, jamming existing/ legacy systems as they focus on flagging risk or automating “set menu” of tasks. Variance instead seeks to resolve the risks with its investigative judgement.
Variance bags $21.5m to power Al compliance agents… Variance, which builds agentic Al tools for risk and compliance workflows, has raised $21.5m in a Series A funding round to expand its platform for financial institutions and Fortune 500 companies… Variance‘s platform is designed to address a growing challenge facing compliance and fraud teams: fraudsters are increasingly deploying generative Al to manufacture synthetic identities, while the evidence required to conduct thorough investigations remains fragmented across disparate systems. The company’s Al agents tackle both problems at once, reasoning over complex and disjointed data before returning fully auditable decisions within minutes.
Interesting to see Triple Bubble launch a fund with a focus on vertical (Fin Tech) and region
(Austria / NZ / PI) but stage-agnostic from pre-product to IPO / public.
Fintech VC Triple Bubble nails $10 million first close on its $50m fund…Fintech VC fund Triple Bubble has reached a $10 million in nine months, underpinned by the Commonwealth Bank’s venture scaler, x15ventures, as a cornerstone investor…Triple Bubble was founded by Dom Pym, Brian Collins and Judy Anderson-Firth. Last year the fund signed strategic partnership with x15ventures. The fund takes a stage-agnostic approach across three asset classes: private markets – from pre-product to late stage, secondary equities, and pre-/PO/ public fintechs.
Read on for more on the founders and investors in the news last week. If you are building or backing “what’s next in finance” and want to spread the word with our network of 20K+, reach out to Samarth Shekhar or Frank Schwab.
The Institutional Barrier in Digital Assets Has Cracked
by Frank Schwab
For years, digital assets were framed as a technology problem. They weren’t. The real barrier
was counterparty risk.
Institutions managing more than USD 100 trillion could not engage with unrated entities, weak balance sheets, and unregulated infrastructure. Without a credit framework, there was no institutional flow.
This has now changed.
As of April 2026, the numbers tell a different story. Tokenized U.S. Treasuries have reached USD 8-10 billion. The stablecoin market stands at USD 150-180 billion, growing USD 30-60 billion annually, with daily volumes of USD 50-100 billion. More than USD 50 billion is held in
institutional custody. At the same time, settlement is moving from T+2 to T+0.
VENTURE FINANCING
Felix raises $1.7m to automate professional services
Felix (felix.so), an AI workflow platform that enables legal, finance, and insurance firms to run complex operations without constant human oversight, has closed a $1.7m pre-seed funding round.
XYZ Venture Capital led the investment, with angel participation from current and former leaders and founders at Amazon, Apple, Palantir, FlexPort, Yelp, and Midjourney. The proceeds will be used to expand the platform’s capabilities and accelerate growth.
The platform works by allowing professionals to describe their desired process in plain language, after which Felix automatically deploys code to execute that workflow on a continuous basis. Each automation comes with built-in checkpoints, audit trails, and deterministic outputs, meaning the same input will always produce the same result.
This distinguishes Felix from foundation models such as GPT or Claude, which generate probabilistic outputs that can differ with every prompt. For industries where decisions carry legal, financial, or regulatory weight, that consistency is critical.
https://fintech.global/2026/04/07/felix-raises-1-7m-to-automate-professional-services/
AccuQuant raises $20m to boost AI financial infrastructure
AccuQuant, a FinTech platform focused on artificial intelligence and data-driven technologies, has secured $20m in a new funding round led by investors from the digital asset and FinTech sectors.
The round will be used to advance the company’s development across artificial intelligence technology, system architecture and automated infrastructure, with a focus on strengthening data analysis capabilities, execution efficiency and overall system stability.
More specifically, the funds are earmarked for improving AI and data analysis capabilities, optimising system architecture scalability, strengthening automated execution and risk control mechanisms, and enhancing product experience and feature design.
AccuQuant said it will continue to increase investment in technology and products to adapt to changing market demands and support the application of related technologies across a wider range of scenarios.
Variance bags $21.5m to power AI compliance agents
Variance, which builds agentic AI tools for risk and compliance workflows, has raised $21.5m in a Series A funding round to expand its platform for financial institutions and Fortune 500 companies.
The round was led by Ten Eleven Ventures, with additional backing from 645 Ventures, Y Combinator, Urban Innovation Fund, and Okta Ventures.
Variance’s platform is designed to address a growing challenge facing compliance and fraud teams: fraudsters are increasingly deploying generative AI to manufacture synthetic identities, while the evidence required to conduct thorough investigations remains fragmented across disparate systems.
The company’s AI agents tackle both problems at once, reasoning over complex and disjointed data before returning fully auditable decisions within minutes. Its tools cover mission-critical workflows including KYC, KYB, AML, transaction monitoring, and fraud detection — investigations that would typically demand teams of analysts and several days to complete.
https://fintech.global/2026/04/07/variance-bags-21-5m-to-power-ai-compliance-agents/
Linx Security raises $50m Series B to tackle identity risk
Linx Security, an identity security and governance platform, has raised $50m in a Series B funding round led by global software investor Insight Partners, with continued participation from existing backers Cyberstarts and Index Ventures.
The round brings the company’s total funding to $83m, and comes as identity-related failures are emerging as one of enterprise security’s most pressing challenges. The 100-person startup has already secured multimillion-dollar contracts with banks, healthcare companies, and Fortune 500 firms, with its platform governing millions of identities across those organisations.
Founded in 2023 by cybersecurity veterans Israel Duanis and Niv Goldenberg, Linx Security offers an AI-native platform that continuously maps, monitors, and governs all identities across an enterprise — spanning employees, machines, services, and AI agents.
https://fintech.global/2026/04/07/linx-security-raises-50m-series-b-to-tackle-identity-risk/
RegTech firm REG Technologies lands CIBC growth capital
CIBC Innovation Banking, a specialist lender with over 25 years of experience backing growth-stage technology companies, has provided growth financing to REG Technologies, a London-headquartered compliance and regulatory risk software provider serving the insurance and financial services sector.
The financing follows a recent majority investment in REG Technologies by Accel-KKR, a global technology-focused private equity firm. REG Technologies plans to deploy the capital to accelerate product innovation, strengthen its commercial capabilities, and expand into new international markets.
REG Technologies’ platform allows organisations to identify and verify counterparties, streamline onboarding and due diligence workflows, and maintain ongoing compliance monitoring throughout business relationships. The company supports brokers, Managing General Agents, carriers, and insurance and financial services networks in meeting regulatory requirements and reducing operational and counterparty risk.
https://fintech.global/2026/04/07/regtech-firm-reg-technologies-lands-cibc-growth-capital/
VENTURE FUNDS
Fintech VC Triple Bubble nails $10 million first close on its $50m fund
Fintech VC fund Triple Bubble has reached a $10 million in nine months, underpinned by the Commonwealth Bank’s venture scaler, x15ventures, as a cornerstone investor.
A slew of fintech founders and finance execs have chipped in, including WeMoney’s Dan Joveski, Caligra’s Grant Bissett and Nitro Software’s Chris Dahl and Tractor Ventures cofounders Matt Allen and Aprill Enright.
Michael Holm, founder of Balmain Corporation, and Henry Holm, Ryan Brosnahan and Kunal Rastogi from LGT Wealth Management, Techstars cofounder Brad Feld and Maxine Minter from Co-Ventures have also committed.
Triple Bubble was founded by Dom Pym, Brian Collins and Judy Anderson-Firth. Last year the fund signed strategic partnership with x15ventures.
The fund takes a stage-agnostic approach across three asset classes: private markets – from pre-product to late stage, secondary equities, and pre-IPO/public fintechs.
As the lines between technology, regulation, and capital continue to blur, one truth stands clear: those who combine deep domain expertise with forward-thinking innovation will shape the next decade of finance.
Whether through reliable AI automation that brings certainty to professional services, agentic systems that restore trust in compliance, or the maturing infrastructure of digital assets, the momentum is undeniable. The stories in this edition — from Moonrock Insurance’s enabling role in low-altitude aviation to the bold raises powering AI-native platforms — illustrate the power of focused execution and strategic capital.
We hope these insights spark new ideas, connections, and ambition in your own journey. The future belongs to those building it today.
Thank you for being part of our community. We look forward to bringing you even more inspiring stories in the weeks ahead.