MEXICO CITY : Argentine fintech unicorn Uala said on Wednesday it launched a high-yield savings account in Mexico after getting approval from regulators to acquire Mexico's ABC Capital Bank and expand operations in the country. Launching the account at an event in Mexico, Uala said the high-yield account
MEXICO CITY : Argentine fintech unicorn Uala said on Wednesday it launched a high-yield savings account in Mexico after getting approval from regulators to acquire Mexico's ABC Capital Bank and expand operations in the country.
Uala said a Mexican government survey showed that 54 per cent of people in Mexico save informally, and four out of 10 people do not receive any yield on their savings.
Philippines Latest News, Philippines Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Brazil's Nubank hits one million accounts in Mexico in one monthMEXICO CITY : One million people in Mexico have opened savings accounts in Brazilian digital bank Nubank one month after the product's launch, the company said on Wednesday, with deposits amounting to 1 billion pesos ($58 million).About 90 per cent of the deposits are being kept in Nubank's so-called 'lit
Read more »
Last Argentine standing Etcheverry into French Open quarter-finalsTomas Martin Etcheverry reached the quarter-finals at the French Open, becoming the last Argentine player in the tournament after countryman Francisco Cerundolo fell in an epic five-set battle against sixth seed Holger Rune.The 23-year-old Etcheverry overcame an injured Yoshihito Nishioka from Japan, 7-6(
Read more »
Jim Hines, first man to run 100m in under 10 seconds, dies aged 76American double Olympic champion Jim Hines, who became the first man to run the 100 metres in less than 10 seconds in 1968, has died at the age of 76, World Athletics said on Monday.Hines won gold in the 100m at the 1968 Olympic Games in Mexico City, clocking 9.95 seconds to set a world record, which last
Read more »
Aided by double bounce, Rune battles past Cerundolo into quarter-finalsPARIS : Danish sixth seed Holger Rune got a helping hand from the umpire with a missed but glaring double bounce to battle past Argentine Francisco Cerundolo 7-6(3) 3-6 6-4 1-6 7-6(7) on Monday and reach the French Open last eight for the second year in a row.He will next face Norway's fourth seed Casper
Read more »
Double bounce mistake was umpire's fault and not mine, says RunePARIS : It was the umpire's fault that a double bounce was not called against Holger Rune during the third set of his fourth round victory over Argentine Francisco Cerundolo at the French Open on Monday, said the Danish sixth seed. Rune, who won a tight match in five sets, was 2-1 up and 40-all in the thi
Read more »
'I don't live to satisfy others': Elvin Ng says month-long acting course won't yield big changeElvin Ng left Singapore last July to take a one-month course at the New York Film Academy. Here's what he said about the expectations from audiences.
Read more »