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Why this digital bank is backing brokers

EXCLUSIVE: Volt Bank was Australia’s first neobank to gain a RADI and has been rapidly growing ahead of its digital mortgage solution launch, distributed through brokers. Founder and ...

Why this digital bank is backing brokers
Non-major bank to acquire fintech for $116m

A banking group is set to acquire fintech Ferocia for $116 million, as it looks to “accelerate” its digital strategy.

Non-major bank to acquire fintech for $116m
Law passes to extend digital signature usage

The government has passed legislation enabling digital signatures to be used on documents until 31 March 2022, with plans to introduce permanent reforms later this year.

Law passes to extend digital signature usage
Citi’s BNPL offering ‘Spot.’ to launch in October

Pre-registrations have opened for Citi’s upcoming buy now, pay later offering, Spot., which will launch in October.

Citi’s BNPL offering ‘Spot.’ to launch in October
BNPL giant to be bought in record-breaking deal

Australian buy now, pay later giant Afterpay is set to be acquired by a San Francisco payments fintech, in a deal worth approximately $39 billion.

BNPL giant to be bought in record-breaking deal
WLTH to launch $15m raise, flags expansion

Brisbane digital non-bank lender WLTH is set to open a $15-million capital raise, while signalling plans to drive its next scale-up phase and to support an ocean-cleaning initiative.

WLTH to launch $15m raise, flags expansion
Tic:Toc strikes funding deal with Bendigo Bank

Fintech lender Tic:Toc has secured $25 billion of additional funding for the next seven years, after extending a partnership with Bendigo and Adelaide Bank.

Tic:Toc strikes funding deal with Bendigo Bank
Afterpay to roll out banking app

The BNPL service provider is going to enter the banking space with the launch of savings accounts and its Money app in October 2021.

Afterpay to roll out banking app
Frollo partners with P&N

The fintech has teamed with customer-owned banking group Police & Nurses.

Frollo partners with P&N
Westpac NZ teams with BNPL player

A Westpac New Zealand subsidiary has entered a joint venture agreement with buy now, pay later provider humm group.

Westpac NZ teams with BNPL player
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