Australian digital bank 86 400 has opened for business with consumers able to bank from their smartphones and offering a choice of two accounts – Pay and Save.
Australian digital bank, 86 400, has received an authorised deposit-taking institution licence from the Australian Prudential Regulation Authority, becoming the second such bank to obtain permission to accept deposits.
Fledgling Australian digital bank Xinja says a capital raise, which has opened early to existing investors, customers and people who had registered interest, has passed the minimum of $500,000 in less than nine hours.
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