Web3 is coming for the banks, and it poses a much greater threat than the neobanks did
Web3 wears no uniform, fights without rules, and if you think for a second that the neobanks were a threat, you’ve no idea of the reckoning that’s coming.
More than 500 small business clients left in banking limbo as Volt closure hits SME money app Parpera
SME money app Parpera told clients to empty their accounts after Volt, the neobank providing banking services, revealed it is shutting shop.
Volt urges customers to empty their deposit accounts as the neobank pioneer exits the banking sector
Volt on Wednesday confirmed the "difficult decision" to end its deposit-taking functions and return all deposits to its customers.
Neobank Volt makes its move in the Aussie lending space, acquiring Australian Mortgage
Volt has acquired alternative lender Australian Mortgage in a bid to bring tech into an antiquated industry.
QPay raises $1.15 million in equity crowdfunding; announces partnership with Volt
Aussie fintech QPay has raised $1.15 million through equity crowdfunding as it ramps up to meet a global opportunity in the university sector.
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.
Leading through crisis: How Volt’s Steve Weston kept the neobank alive through the rollercoaster of COVID-19
Weston shares his leadership strategies, drawing parallels between managing 3,000 people and creating a brand new bank.
Neobank Volt continues “prudent and measured” approach to growth, through partnership with global fintech
Aussie neobank Volt has partnered with UK fintech Railsbank, to power up growth after a tricky few months in 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.
The Aussie neobanks are here, but have they delivered?
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.
Neobank Volt bags $70 million and heats up for an IPO, having just launched its first beta product
Aussie neobank Volt has raised $70 million in series C funding ahead of a planned IPO at the end of the year, as activity in the sector heats up for 2020.
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.
