
The company hired former Fiserv executive Jennifer LaClair and raised $10 million to expand services enabling consumers to make direct payments from their bank accounts to merchants.
Spire, a fintech company, has hired former Fiserv executive Jennifer LaClair as its new CEO to help grow its pay-by-bank services, which allow consumers to make direct payments from their bank accounts to merchants. The company has also raised $10 million to expand these services.

The company hired former Fiserv executive Jennifer LaClair and raised $10 million to expand services enabling consumers to make direct payments from their bank accounts to merchants.
Lloyds Banking Group announced that its use of generative AI generated £50M in value in 2025, and they have set a target of over £100M in value from 'next gen' AI by 2026. This includes rolling out an AI-powered financial assistant to their 21M users and launching an AI Academy to upskill their 67,000-strong workforce.
Fundamental, an AI lab, has emerged from stealth with a $255 million Series A funding round and a new foundation model called Nexus that is designed to analyze structured enterprise data, an area where traditional AI models often struggle. The company believes Nexus can reshape how large enterprises analyze their data by combining predictive AI with contemporary tools.
Sapiom, a startup founded by a former Shopify payments director, has raised $15 million to build a financial layer that allows AI agents to automatically purchase and access external software, APIs, and data services needed to power their applications. This aims to eliminate the backend infrastructure challenges faced by non-technical creators when trying to launch their AI-powered apps into full production.