The fintech company aims to disrupt other Latin American markets with its smartphone-based services

SoftBank-funded fintech challenger Ualá expands rapidly amid the pandemic

Finding a good credit card deal when you’re older is more difficult

In today’s news: UK warns it would be ‘irresponsible’ to discuss easing lockdown. Spain sets out plan to lift its own tough measures. Donald Trump signals a halt to his daily media briefings as US death toll accelerates.

Iodine producer rejects Brexiter’s coronavirus play as ‘probably not very educated’

Banked, a London-based fintech using open banking to enable account-to-account payments at checkout (and beyond), has raised £2.35 million in further seed funding. The round was led by Force Over Mass, with participation from previous investors Backed and Acrew Capital, along with a number of high-net-worth individuals, such as Paul Forster (co-founder of Indeed.com). It […]

Countingup, the business current account that “automates” your accounting, has raised £4 million in self-described bridge funding. Leading the round is ING Ventures, with co-investment from Triple Point, CVentures, and BiG Start Ventures. Founded by Tim Fouracre, who previously founded cloud accounting software Clear Books, and now boasting 20,000 business customers, Countingup’s long term vision […]

Your guide to the investment and business revolution you can’t afford to ignore

The failures of loose monetary policy could prompt a fall from grace

If you fall for a scam, who is to blame — you or your bank?

It has near-unlimited firepower and is the only EU institution willing and able to act

French startup Shine is adding a new option today. If you think there’s a chance that a client is not going to pay your next invoice, you can insure that invoice to avoid any bad surprise. Shine is building a challenger bank for freelancers and small companies. It lets you send and receive money in […]

Just as challenger banks have appeared in the B2C space, so to have B2B startup banks aimed at small businesses, among them startups like Qonto (Fr), Tide (UK), Penta (GER) and CountingUp (UK). Today another such firm, Finom, has closed a €6.5m ($7M) seed funding round led by Target Global, with participation from General Catalyst. […]

Security researchers are sounding the alarm over a newly discovered Android malware that targets banking apps and cryptocurrency wallets. The malware, which researchers at security firm Cybereason recently discovered and called EventBot, masquerades as a legitimate Android app — like Adobe Flash or Microsoft Word for Android — which abuses Android’s in-built accessibility features to […]

Material Bank, a logistics platform for the architectural and design industry, has announced the close of a $28 million Series B financing today, led by Bain Capital Ventures. Bain’s Merritt Hummer led the round on behalf of the firm and will join the board of directors at Material Bank, along with Jeff Sine, cofounder and […]

The Federal Government's decision to be a part of the Asian Infrastructure Investment Bank is a bold move which encourages long term investment in a growing region which will benefit Australia.

With record low margins and stubborn expense to income ratios, the major banks must quickly seize the opportunity of the technology revolution or fail to keep pace with expectations.

The overwhelming majority of global banks and traditional financial services firms believe part of their business is at risk of being lost to standalone Fintech challengers, according to a PwC report released today.

Australias four major banks delivered combined cash earnings of $14.9 billion for the first half to March 2016.

1. Bank defaulters flee country, CBI files case following SBI complaint after 4 yrs  Hindustan Times
2. Another Bank Defaulter Flees Country, SBI Complains To CBI After 4 Years  NDTV
3. CBI books directors of Ram Dev International for loan default  The New Indian Express
4. SBI complains to CBI after ₹411 crore loan defaulters flee country  The Hindu
5. Rs 411 crore loan defaulters flee country, SBI complains to CBI after four years  Daijiworld.com
6. View Full coverage on Google News

1. ICICI Bank Q4 net profit rises 26% to Rs 1,221 crore  Times of India
2. ICICI Bank Q4 profit grows by 26%, misses estimates on COVID-19 provisions; NPAs dip  Moneycontrol.com
3. ICICI Bank Q4 net up 26% at ₹1,221 cr but misses estimates on virus provisions  Livemint
4. ICICI Bank Q4 Results: Profit Rises 26% Even As Provisions Nearly Triple  BloombergQuint
5. ICICI Bank to announce Q4 numbers today: Here's what to watch out for  Moneycontrol.com
6. View Full coverage on Google News

Treasury Prime, a startup that built software tooling to help banks automate and accelerate routine tasks, announced today that it has closed a $9 million Series A. The new capital was sourced from Amias Gerety of QED, Jason Lemkin of SaaStr, and Hans Morris of NYCA Partners. The capital event is yet another funding round […]

Banked, a London-based fintech using open banking to enable account-to-account payments at checkout (and beyond), has raised £2.35 million in further seed funding. The round was led by Force Over Mass, with participation from previous investors Backed and Acrew Capital, along with a number of high-net-worth individuals, such as Paul Forster (co-founder of Indeed.com). It […]

Countingup, the business current account that “automates” your accounting, has raised £4 million in self-described bridge funding. Leading the round is ING Ventures, with co-investment from Triple Point, CVentures, and BiG Start Ventures. Founded by Tim Fouracre, who previously founded cloud accounting software Clear Books, and now boasting 20,000 business customers, Countingup’s long term vision […]

Borussia Dortmund placed a £100million price tag on the England international earlier this season with several European clubs desperate to sign him.

With temperatures in London soaring this bank holiday weekend, Michelle Keegan was sure to lap up the August sunshine on Saturday.

In just two-and-a-half years, Feezan Choudhary, from Pollokshields, managed to preside over the theft of an astonishing £113million from 750 hapless victims.

Aptly, this hotel on Bankrugg Farm in East Lothian is called The Bus Stop. Each bus has king-size beds, a spacious kitchen, and there is even a mini-bus that is now used as a chicken coop.

Thomas Pieters will take a one-shot lead into the weekend at the Maybank Championship as he bids to end his two-and-a-half-year wait for a regular European Tour title.

The donation has helped a number of centres based in the Scottish capital and surrounding areas going, with countless locals heavily affected by the ongoing health crisis.

EXCLUSIVE INTERVIEW BY CHRIS WHEELER: Wanderers had been saved but another battle was beginning. They had started the season with a 12-point deduction and just six senior players.

EXCLUSIVE: Millionaire financier David Rowland held talks with North Korean leaders in the capital Pyongyang about managing the personal fortunes of the rogue state's ruling family.

This is the charming moment a child stops crying when his father hands him a bank note in Melaka, Malaysia. However, when the note is retrieved from the baby, he resumes bawling.

Belfort filed his suit against Red Granite Pictures in the Los Angeles Superior Court, claiming that the movie was financed by money pilfered from the 1 Malaysia Development Berhad fund (1MDB).

Frantic clientele at a Bank of America branch in the heart in midtown requested to retrieve tens of thousands of dollars to stockpile, which accounted for the shortage  according to The New York Times.

Tube maintenance workers will carry out a 48-hour strike from the morning of August 22, followed by another two-day walk out from the evening of August 24.

RBS and Santander had the most glitches - each suffering 18 - according to consumer group Which? Next came Barclays (17), Tesco Bank (16) and First Direct (15).

Officers at Kent Police released a CCTV image of a man who is the 'spitting image' of the 59-year-old former Top Gear host. Police said the man, is believed to have stolen a bank card from a handbag.

The UK will be battered by more than a month's worth of rain in just one day today with forecasters expecting a three-inch deluge combined with 40mph winds - but better weather is on the way.

Britons will be able to enjoy some sunshine over the Bank Holiday as temperatures creep up towards 30C (86F) by the end of the month. In London on Friday the mercury could reach 25C.

Temperatures are forecast to build until Sunday but downpours will hit northern areas until Friday, with outbreaks of rain expected in some southern parts before high pressure moves in.

This bank holiday weekend is set to be the hottest on record with the Met Office forecasting temperatures of up to 91F (33C), meaning millions of people will hit the roads for day trips to the seaside.

Sales of beer, ice cream and burgers soared as the mercury hit 29 Celsius (84F) in London yesterday, with much of the country also basking in the high 20Cs.

Temperatures are expected to be warmer than Ibiza in Britain today, with highs of 77F (25C) forecast in the south compared to 64F (18C) in the Spanish holiday hotspot.

The Met Office forecast temperatures to hit up to 77F (25C) on Friday, with London possibly seeing 79F (26C) on Saturday, as a plume of hot air from the southern Mediterranean wafts across the UK.

President Trump claimed on Friday that Saudi Arabia has 'already deposited $1billion in the bank' so that the United States would continue to station troops in the desert kingdom.

EXCLUSIVE BY MARTIN SAMUEL: The deposit paid by the Saudi Arabian consortium is non-refundable, meaning Newcastle owner Ashley gets richer even if the takeover is not ratified.

The couple - who are worth £335million - are said to have used their firm, Beckham Brand Limited to take out the loan last year, which they are reportedly paying back over 10 years

Olympia Valance has sold her apartment for more than the $550,000 asking price.  

It comes after Olly admitted in March that he never wants to date a celebrity again, following rumours about his relationships with Melanie Sykes and Caroline Flack.