Technology

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 ...

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

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.

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

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.

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.

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.

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

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

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