Displaying items by tag: Digital bank

Branchless digital bank Volt Bank says it has started “onboarding” a selection of early-adopter customers from its 40,000 waitlist, while announcing a ‘no catches’ ongoing base interest rate of 2.15 per cent on savings, ahead of a public launch planned for early 2020.

Published in Market

Five months after it obtained a deposit-taking licence from the regulator APRA, the Australian digital bank 86 400 has started offering home loans with next to no paperwork, speeding up the time it takes from application to approval.

Published in Strategy
Tuesday, 10 September 2019 08:38

Digital bank 86 400 is now open for business

Australian digital bank 86 400 has opened for business with consumers able to bank from their smartphones and offering a choice of two accounts – Pay and Save.

Published in Strategy
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