Monzo has raised GBP 19.5 million from the US-based Thrive Capital, London’s Passion Capital, and Orange Digital Ventures, the venture arm of telco Orange.
Payment Cloud Technologies (PCT), the UK fintech business, has partnered ULUS Group for the delivery of a digital community business bank for the UK SME businesses.
Nabard has deployed 800 officials for the physical verification of KYC documents of over five million district central cooperative bank (DCCBs) accounts in India.
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