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All Telco Majors Eyeing Indian Banking Sector: Ambanis, Mittals & Birlas Apply For Payment Bank Licence

Business & Finance : India Business Blog

A number of big business houses in India are looking forward to spreading their wings and branch out in the payment banking sector. After Bharti Airtel became the first one to announce its plans to do on Thursday, Aditya Birla Nuvo ...

Startup bank Mondo has to raise at least £15 million to get its banking licence

Technology / Technology Industry News : Silicon Alley Insider

Hot startup bank Mondo must raise at least £15 million ($22 million) later this year to gain its full banking licence. Mondo, which crowdfunded £1 million in just 96 seconds earlier this year, is in the process of applying for its f...

A look inside Mondo, a bank that's just an app

Technology / Technology Industry News : Silicon Alley Insider

Several startups are hard at work right now trying to build new, truly digital banks from the ground up. They include Atom Bank, which has a banking licence, Starling Bank, and Mondo, both of which are applying for banking licences....

Standard Chartered seeks licence in Angola

Business & Finance : Business Report

Standard Chartered, the UK lender that makes most of its profit in emerging markets, has applied for a banking licence in Angola and may do the same in Mozambique as it seeks to increase revenue from Africa. ||| banking Standard Cha...

Push for low-cost banks in India

Business & Finance : Business Report

Top Indian firms - including Reliance Industries and Bharti Airtel - have applied for licences to set up low-cost banks. ||| New Delhi - Top Indian firms, including Reliance Industries and Bharti Airtel, have applied for licences to...


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