The Australian neobank, tech giant, and cloud-based technology provider will jointly develop a Banking as a Service (BaaS) platform dubbed Volt 2.0.
The Australian The local digital banking and lending sector confronts a fresh test in 2022, after a shakeout in the market last year. Read full Article
RAILSBANK, VIA SUBSIDIARY RAILSPAY, SECURES AFSL TO ENABLE AUSTRALIAN BRANDS TO CREATE EMBEDDED FINANCE EXPERIENCES
Railspay, the wholly owned Australian subsidiary of world-leading embedded finance experience platform Railsbank, has secured an independent Australian financial services licence (AFSL) to enable more innovative consumer brands to harness the power of embedded finance experiences.
London-headquartered Fintech Railsbank, which provides virtual banking services, is approaching Unicorn status (valued at $1 billion or more).
Neobank Volt Bank’s writing retail loans – and now it’s after capital to help fund the book’s growth. Volt Bank kicked off a much larger Series F funding round this week that is targeting about a $200 million equity injection.
Neobank Volt has partnered with fintech Frollo to launch a new banking-as-a-service (BaaS) app designed to integrate into Volt’s own banking system and offer white-labelled products for BaaS customers.
UK-based Railsbank, trading as Railspay in Australia, will allow Douugh to provide bank accounts, debit cards, financial management assistance, stock and cryptocurrency trading underpinned by Railspay’s own banking-as-a-service (BaaS) alliance with Volt Bank.
Volt Bank and Australian Finance Group (AFG) have launched a personal finance management (PFM) app “Handl. by AFG”, and a white-label home loan product, “AFG Home Loans Sparc”, both powered by Volt’s banking-as-a-service (BaaS) platform.
itnews Neobank Volt and Australian Financial Group (AFG) have released two consumer offerings via Volt’s banking-as-a-service (BaaS) platform. Read full Article
Digital bank Volt and ASX-listed mortgage broking group AFG are kicking off their foray into the burgeoning “banking as a service” sector, as interest in the space swells globally and retailers such as Walmart and Ikea wade in.