Volt boosts Banking-as-a-Service capability with $15 million investment and strategic partnership with AFG
Neobank Volt has secured $15 million in funding through a partnership with mortgage origination company the Australian Finance Group.
Xinja exits the neobank scene: What happened, and what does it mean for the competition?
Xinja has made a shock exit from the Australian neobank scene, naming COVID-19 as a major factor. Is this a disaster for the sector?
“The big four are rattled”: Neobank Xinja boasts as $100 million flows into coffers within three weeks
Neobank Xinja is boasting about the fat stacks flowing into its coffers from Australians disaffected with the behaviour of the big four banks.
After (finally) securing its full banking licence, neobank Xinja opens for business
Xinja has — finally — been granted its licence to operate as an authorised deposit-taking institution, ushering in a whole new era in the neobank saga.
Volt becomes first neobank to secure full banking licence — and celebrates a $8.4 million raise
Volt Bank has been granted a full Authorised Deposit-Taking Institution, in the same week as bagging $8.4 million from ASX-listed Collection House.
Bring on the competition, says founder of neobank Xinja, as second equity crowdfunding campaign smashes $500,000 in nine hours
Australian neobank Xinja has kicked off its second equity crowdfunding campaign, smashing its minimum subscription of $500,000 within just nine hours.
Up and away: Tech guru and former AFL coach launch Australia’s first digital bank
Australia has its first live digital bank, with Up — founded by Dom Pym and former AFL coach Grant ‘Thomo’ Thomas — appearing as if from nowhere.