Xinja exits the neobank scene: What happened, and what does it mean for the competition? Coronavirus Stephanie Palmer-Derrien 16 December 2020 Xinja has made a shock exit from the Australian neobank scene, naming COVID-19 as a major factor. Is this a disaster for the sector?
“The big four are rattled”: Neobank Xinja boasts as $100 million flows into coffers within three weeks Finance Matthew Elmas 5 February 2020 Neobank Xinja is boasting about the fat stacks flowing into its coffers from Australians disaffected with the behaviour of the big four banks.
After (finally) securing its full banking licence, neobank Xinja opens for business Startup News Stephanie Palmer-Derrien 9 September 2019 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.
Volt becomes first neobank to secure full banking licence — and celebrates a $8.4 million raise Startup News Stephanie Palmer-Derrien 23 January 2019 Volt Bank has been granted a full Authorised Deposit-Taking Institution, in the same week as bagging $8.4 million from ASX-listed Collection House.
