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Next in Google’s Quest for Consumer Dominance—Banking

“The project, code-named Cache, is expected to launch next year with accounts run by Citigroup Inc. C -0.87% and a credit union at Stanford University, a tiny lender in Google’s backyard. Big tech companies see financial services as a way to get closer to users and glean valuable data. Apple Inc. introduced a credit card this summer. […]
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Xiaomi Launches App to Offer Credit to Millennials in India

“Xiaomi, the top smartphone vendor in India , today joined a growing wave of fintech startups in the nation that are offering credit to aspirational young professionals and millennials. The Chinese electronics giant said today it is launching Mi Credit, its curated marketplace for digital lending, which offers users credit between Rs 5,000 ($70) and […]