Neobank Volt has had its public launch and IPO scuttled by Australia’s shutdown, but CEO Steve Weston says the future is ‘far brighter’ because of it
Volt had been readying itself to the public, looking to close a major offshore funding round and launch itself on the sharemarket all in the same 12 months.
Awareness growing for neobanks
Consumer awareness of neobanks in Australia is growing with a number of these challenger banks leading in terms of brand recognition.
Why neobanks offer better savings rates than the big four banks
Neobanks may be the new kids on the block, but they’ve taken the banking world by storm, ruffling the feathers of the big four
Aussie fintech investment reaches $3 billion after 250% growth… but don’t celebrate just yet
Fintech investment in Australia is bucking the international trend. On a global scale, fintech investment actually dropped slightly.
Neobanks cast spotlight on big banks’ dubious practices
Australian neobanks have seen more than half a billion dollars in household deposits flow into their accounts since their launch.
Open banking and neobanks to continue their slow burn in 2020
According to RFi research there is minimal consumer awareness of open banking and neobanks in Australia
What will success look like for the neoboanks?
New banks receiving a green light in 2019 by the prudential regulator APRA saw a number of neobanks make a splash on the local market.
Fresh Equities wins Fintech Startup of the Year
Fresh Equities announces it has won the Australasian Startup Award for Best Fintech Startup of 2019 at StartCon.
