{
  "id": 14626205,
  "title": "OpenAI-backed fintech raises $1.6m to tackle regulation",
  "url": "https://urgent.news/2026/10/15/openai-backed-fintech-raises-1-6m-to-tackle-regulation",
  "topic": "ai",
  "section": "AI",
  "published": "2026-10-15T06:00:00.000Z",
  "source": {
    "name": "City AM",
    "slug": "city-am",
    "url": "https://www.cityam.com/openai-backed-fintech-raises-1-6m-to-tackle-regulation/"
  },
  "original_language": "en",
  "account": null,
  "summary": "A London fintech backed by employees of OpenAI and some of the world’s biggest banks has raised $1.6m (£1.2m) to help financial firms navigate mounting regulatory requirements using artificial intelligence. Relace, founded by a former lawyer and an AI engineer, has secured the pre-seed funding in a round led by Boost Capital, with backing from [...]",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}