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.
Citi head of FinTech leaves bank
Head of Citigroup FinTech division Heather Cox is leaving the bank after less than a year.
Mizuho Bank looks to Facebook and Amazon for FinTech boost
Japan Mizuho Bank has teamed up with Amazon and Facebook to experiment with artificial intelligence (AI) and chat bot interfaces.
DriveWealth expands APIs to support investment advisors
DriveWealth, a New Jersey startup providing retail investors and ordinary consumers with access to the US stock market, is expanding its APIs to cater to investment advisors.
Challenger bank Mondo secures banking licence
UK challenger bank Mondo has received a banking licence from UK regulators.
TORA widens US operations on stronger than expected demand
Cloud-based trading technology and financial services provider TORA has bolstered its sales, operations and IT infrastructure in the US to meet high demand.
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.
Bank of England says it will not stifle FinTech
The Bank of England says that it will not stifle FinTech development as it attempts to lay down regulations for the rapidly-growing sector.
Airbanq takes $2.5m for digital bank for the underserved
Digital banking startup Airbanq has raised $2.5m in a seed round of funding to bring financial services to under banked consumers.
Pariti looks to Zopa to help users manage debt
Peer-to-peer lending platform Zopa is partnering with UK money management app Pariti to help users find out if they could be paying less for their debt and apply for consolidation loans directly through Pariti’s platform.
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