Branchless digital bank Volt Bank has closed a $70 million Series C equity funding round, which was oversubscribed by $10 million beyond the original target of $60 million.
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.
Digital banking firm Volt Bank has chosen technology and services from US global financial services technology provider FIS to power its mobile and card payment services.
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