IBS Intelligence reports that Rillet raised $100m for a funding round to expand AI-native finance operations.

Established in the UK in 1991, IBS Intelligence (IBSi) is one of the world's leading specialist FinTech research and advisory firms. Over three-and-a-half decades we have built a legacy of independent, data-driven research and strategic advisory for global technology firms, consulting organisations, institutional investors and banks. Since 2009 our research platform has tracked 36,000+ banking technology system purchases, 5,000+ vendors and 11,000+ banks across 195 countries. Our intellectual property includes the IBSi Sales League Table — the industry barometer for global banking technology vendor performance for over 20 years — the IBSi FinTech Journal, published monthly since 1991, the IBSi Galaxy™ data portal, and a suite of global awards and summits. We operate from London, New York, Canada, Singapore, Dubai, Mumbai and Bangalore. IBSi is part of the wider Cedar Group. Cedar, founded in 1985, is a Forbes-listed global strategy consulting, research and analytics firm with a 40-year track record, whose heritage includes the former US$1 billion Renaissance Worldwide and the creators of the Balanced Scorecard. The Cedar-IBSi FinTech Lab, founded in 2017, has hosted 75+ global technology companies entering the MENA, European and Indian markets. Cedar Hill Capital, launched in 2024 as the group's independently managed venture fund, backs early-stage AI-first enterprise technology for Financial Services. Together the platform gives our people rare end-to-end exposure — from board-level strategy to frontier technology to capital.