MICROSOFT AND LAB3 AGREED TO PARTNER WITH AUSTRALIAN NEOBANK VOLT FOR ITS BANKING AS A SERVICE PLAY
The Australian neobank, tech giant, and cloud-based technology provider will jointly develop a Banking as a Service (BaaS) platform dubbed Volt 2.0.
IT’S SURVIVAL OF THE FITTEST IN DIGITAL BANKING
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’S BAAS FINTECH RAILSBANK IS REPORTEDLY PLANNING TO ACQUIRE $100M IN CAPITAL
London-headquartered Fintech Railsbank, which provides virtual banking services, is approaching Unicorn status (valued at $1 billion or more).
VOLT BANK PITCHES INVESTORS FOR $200M SERIES F RAISING
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.
VOLT PARTNERS WITH FROLLO TO CREATE NEW BANKING APP
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.
DOUUGH ENTERS BAAS PARTNERSHIP WITH RAILSBANK
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 AND AFG LAUNCH ‘AUSTRALIA FIRST’ BAAS-POWERED CONSUMER PRODUCTS
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.
VOLT AND AUSTRALIAN FINANCIAL GROUP LAUNCH FIRST BAAS-POWERED PRODUCTS
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
VOLT CHARGES UP AFG’S MORTGAGE PLATFORM
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.