Welcome to Today’s FinTech Daily Roundup your go-to source for the latest developments in financial technology. As FinTech continues to redefine the way we bank, invest, insure, and manage money, staying ahead of fast-moving trends is essential for professionals and businesses alike. In today’s roundup, we bring you the most impactful updates across digital banking, blockchain, payments innovation, regtech, and more plus insights from thought leaders shaping the future of finance.
Relation Insurance Acquires Advantage Insurance Group
Relation Insurance Services (“Relation”) acquired the assets of Advantage Insurance Group. The transaction went into effect on May 31, 2025; terms of the transaction were not disclosed.
“Our new partnership with Relation takes our business to the next level,” said Geoff Eaton, owner of Advantage Insurance Group. “Being able to provide the wealth of carrier relationships, the size and scope of resources, and in-house expertise that Relation has available, will allow us to provide more valuable options to our clientele. To us, relationships are key, and Relation understands how to help us to deliver excellence in service.”
Savvy Wealth Raises $72 Million for AI-Augmented Financial Advice
Savvy Wealth (“Savvy”), a digital-first platform for financial advisors centered around modernizing human financial advice, announced the successful close of a $72 million Series B funding round, led by Industry Ventures, a venture capital firm focused on private technology investments with over $8 billion in committed capital. The round attracted new investors Vestigo Ventures—a venture capital firm founded by former LPL Financial CEO and Chairman Mark Casady, who joins Savvy’s Board of Directors—and Euclidean Capital. Existing investors Canvas Ventures, Thrive Capital, The House Fund, Brewer Lane Ventures and former Focus Financial executive Vamsi Yadlapati also participated. This latest infusion of capital brings Savvy to over $100 million in total funding.
Altaline Invests in Brazos Safety Systems for Growth
Altaline Capital Management, LLC (“Altaline” or the “Firm”), a newly launched Los Angeles-based private equity firm focused on partnering with lower-middle market companies in the technology, business services, and financial services sectors, announced a strategic growth investment in Brazos Safety Systems, LLC (“Brazos” or the “Company”), a leading provider of flight safety technology and analytics solutions for the global aviation industry.
Jump & eMoney Partner to Simplify Financial Advisor Workflows
Jump, a leading provider of artificial intelligence (AI) solutions for financial advisors and other financial services providers, announced a new integration with eMoney Advisor, a leading provider of technology solutions and services dedicated to helping people talk about money. The integration is designed to eliminate the tedious and error-prone task of manual data entry following client meetings helping advisors operate more efficiently and deliver more reliable financial plans
Trucordia Appoints Leanne Ross as SVP, National Sales Leader
Trucordia, a top 20 U.S. insurance brokerage, announced the appointment of Leanne Ross as Senior Vice President and National Sales Leader. In this pivotal role, Ross will be responsible for developing, executing, and scaling a national sales strategy that aligns with Trucordia’s recent rebranding and ambitious business objectives.
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