digital banking

Jul
24

How digital bank Up built for speed and scale

A legacy-free, mobile-first platform, building for scale, and a focus on openness helped digital bank Up reach its first hundred thousand customers.

By Reposted by Australian FinTech | Banking . FinTech
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Jul
23

New retail bank 86 400 rattles tin for fresh equity

Investment bank Morgan Stanley has kicked off a $100 million-plus private funding round for the country’s newest bank 86 400.

By Reposted by Australian FinTech | Banking . FinTech . Investing
DETAIL
Jul
19

CEO of newly approved bank aims at big four

Robert Bell, CEO of Australia’s newest bank, 86 400, is not interested in creating a “small, niche bank” but wants to create a competitor to the big four.

By Reposted by Australian FinTech | Banking . FinTech
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Jul
18

86 400 granted full banking licence

86 400 is officially Australia’s newest bank, having been granted a full Authorised Deposit-taking Institution (ADI) licence by APRA. 

By Australian FinTech | Banking . FinTech
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Jun
29

Challenger banks hit back at ‘delusional’ claim from fintech investors

A bold rejection of the business model of emerging digital-only banks was made by seasoned fintech investor Rajeev Gupta, partner at Alium Capital.

By Reposted by Australian FinTech | Banking . FinTech . Investing
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Jun
24

ATM use falling, electronic banking, spending rising

ATMs were once the peak of banking technology, but now, they could be going the way of the dodo and the dinosaur.

By Reposted by Australian FinTech | Banking . FinTech
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Jun
24

Inside the war on the big four banks

Neobank start-ups will refrain from tearing each other down to train their guns on the juicy target of the big four banks.

By Reposted by Australian FinTech | Banking . FinTech
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Jun
21

Open banking opens the way for neobanks

With the new open banking policy set to take effect July 1, neobanks could soon become the more popular choice for Aussies over the big four.

By Reposted by Australian FinTech | Banking . FinTech
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