London Fintech Quartz Launches AI-Powered Personal Finance Platform With £2.75 Million Pre-Seed Round

London‑based fintech Quartz secured £2.75 million in pre‑seed funding led by Daphni to launch its AI‑driven personal finance platform, offering users a consolidated view of assets and personalized guidance. The company, founded in 2025 by former Revolut and N26 executives, aims to democratize wealth management across the UK and Europe.

Italian Insurtech Mama Insurance Raises Funding Led by Fastweb+Vodafone to Expand Beyond Home Insurance

Italian insurtech Mama Insurance raised a new round of funding led by Fastweb+Vodafone, with support from Founders Factory and Vento, increasing its total capital to more than €2 million. The financing will be used to scale its AI‑native digital insurance platform beyond home insurance into other personal lines and SME products.

Italian Startup Drita Capital Partners Launches Search Fund with €640,000 to Acquire Family-Owned SMEs

Drita Capital Partners, founded by former Polimi Graduate School of Management students Nazario Monzillo and Yll Luma, announced the creation of Italy’s first search fund. The fund raised €640,000 from a network of institutional and private investors to spend a 24‑month scouting period aimed at acquiring a high‑potential Italian family‑owned SME in sectors such as ICT, healthcare, manufacturing or food & beverage.