86 400 appoints Morgan Stanley for external capital raising
86 400 has announced it will undertake a capital raising process to support the next phase of its growth beyond launch, appointing Morgan Stanley to assist.
Volt bank to build mortgage platform with IRESS
Digital bank Volt has revealed a new partnership with veteran fintech vendor IRESS to build its customer-facing mortgage system.
86 400 secures national distribution with Vow Financial, readies home loan offering
Aussie fintech Volt Bank starts by asking consumers what they want
New technologies key driver of digital banking
Banks around the world are citing new technologies as having the biggest impact on the industry and not customer demands or regulation, according to a new survey. The survey by the Economist Intelligence Unit, conducted for Temenos, has revealed that retail banks believe new technologies are more important than customer demands and regulation for the […]
Bene working up to be a challenger bank in Australia
Bene is a new lender in Australia that is working towards building a neo-bank. At the moment, Bene says it is not a bank or an authorised deposit-taking institution (ADI), and is not authorised by the Australian Prudential Regulation Authority (APRA) to conduct banking business in Australia. However, the firm intends to apply for authorisation […]
Archa joins list of new neobanks aiming to transform Aussie banking
Australian banking is changing rapidly and a new wave of digital banks are hitting our shores, with companies like volt, Xinja and 86 400 set to launch this year, but there is another player coming to town soon that may be worth your attention. Archa is a new Melbourne-based neobank that is scheduled to launch […]
