Posts tagged "neobank"

Dom Pym helped launch Up in 2018, backed by Bendigo Bank. But it may never have happened at all if his previous business hadn't failed.

Last night Up launched its pop-up store on Swanston St in Melbourne's CBD to promote Maybuy, and give 'Upsiders' a chance to win back money for purchases they regret.

SME money app Parpera told clients to empty their accounts after Volt, the neobank providing banking services, revealed it is shutting shop.

Volt on Wednesday confirmed the "difficult decision" to end its deposit-taking functions and return all deposits to its customers.

Up is entering the home loans space and helping entire generations of young people work towards owning a home, but in a language they understand.

SME-focused neobank Judo Bank has settled a massive $284 million capital raise, announced late last year, and valuing it at $1.6 billion.

The neobank revolutions seems to have been on the Aussie tech agenda for years, but the whole sector is arguably still a little short of hitting its stride.

Next year will see fintechs making big changes to the way consumers manage, spend and access money, says Up co-founder Dominic Pym.

Aussie challenger Judo Bank has raised $400 million in what is being touted as the biggest single funding round in Aussie history.

Fast, customer-focused technology, delivered at a fraction of the build cost — that’s the promise of the new evolution of life in the banking industry.

Every organisation starts with a founder. So can we and should we separate their individual actions from the collective whole?

The chief executive of one of Australia’s newest digital banks, 86 400, says his startup has no desire to be a smaller “niche” bank.