Mondo plans to raise $19m to $26m for full banking licence
UK challenger bank Mondo plans to raise a further £15m ($19.4m) to £20m ($26m) as it seeks to have the restrictions on its newly awarded banking licence lifted.
Challenger bank Mondo secures banking licence
UK challenger bank Mondo has received a banking licence from UK regulators.
Union Bank of India launches credit card management app
Union Bank of India is launching a mobile app designed to let customers control their credit card usage.
UK banks forced to embrace FinTech
UK banks are being forced to get to grips with FinTech thanks to a package of measures being imposed by the Competition and Markets Authority (CMA).
Yixin Capital takes $550m for Chinese auto financing
Automotive financing firm Yixin Capital has landed $550m from a consortium of heavyweight Chinese internet firms.
