FinTech

Lloyds Earnings Slide 36% After Motor Finance Hit

• by Editor StartupsNews
• October 24, 2025

Lloyds Banking Group reported a 36% drop in third-quarter profits, as Britain’s largest domestic lender set aside another £800 million to compensate customers mis-sold motor finance loans. The charge, related to an

FinTech

Yubi’s FY25 Net Loss Rises 5% To ₹416 Crore Despite 36% Revenue Uptick

• by Editor StartupsNews
• October 24, 2025

Fintech unicorn Yubi (formerly CredAvenue) reported a net loss of ₹416.1 crore in the financial year ending March 2025 (FY25), widening slightly from a ₹395.8 crore loss in FY24. Despite the modest

FinTech

Accel Leads $39 Million Funding Round for Digital Lender Pave Bank

• by Editor StartupsNews
• October 24, 2025

Pave Bank, a digital-first banking platform based in Georgia, has raised US$39 million in a funding round led by Accel, signaling growing investor interest in regulated digital asset banking infrastructure. The round

FinTech

Ant International, NITMX, and Krungthai Bank Partner to Expand Cross-Border QR Payments Between China and Thailand

• by Editor StartupsNews
• October 24, 2025

Ant International and National ITMX (NITMX) have announced a strategic partnership that will enable Chinese travelers in Thailand to make payments to local merchants using Alipay by simply scanning PromptPay QR codes.