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Showing 1 - 10 of 11 results for %22Xinja Bank%22

Crescent Group appoints head of risk

CHLOE WALKER  |  MONDAY, 24 JAN 2022
... Australia and GE Capital Finance, and risk and compliance operations at several start-ups including Nano Lending and Xinja Bank. Crescent Group's group executive Brendan White said he anticipates benefits from Cader's deep knowledge and specialised expertise. ...

NAB swallows up neobank

ELIZA BAVIN  |  FRIDAY, 29 JAN 2021
Just weeks after the downfall of Xinja, Neobank 86 400 has announced plans to join the NAB Group in a $220m acquisition. Founded by Cuscal, a Sydney-based IT service management company, and led by chief executive Robert Bell, 86 400 launched the mobile-led ...

Xinja returns deposits

ANNABELLE DICKSON  |  WEDNESDAY, 20 JAN 2021
... its authorised deposit-taking institution (ADI) licence. The Australian Prudential Regulation Authority began monitoring Xinja's return of deposits, worth more than $252 million, to 37,884 customers on 16 December. The neobank has now transferred the ...

Xinja ceases banking

ELIZA BAVIN  |  WEDNESDAY, 16 DEC 2020
The prudential regulator has confirmed it will be monitoring the return of deposits by Xinja Bank as it ceases to operate as an authorised deposit-taking institution (ADI). Xinja made the decision to withdraw its transaction and savings account products ...

Trust in big four improves

ALLY SELBY  |  MONDAY, 11 MAY 2020
... between Bendigo and Adelaide Banks and software company Ferocia ranked seventh in the Index, while 86 400 ranked 21 st and Xinja ranked 27 th. "COVID-19's acceleration of digital technologies has enhanced the stakes for the digital banks," Clover said. ...

Atlas Advisors adds to leadership

ELIZABETH MCARTHUR  |  THURSDAY, 2 APR 2020
... global chief investment officer for banking and financial services. He is non-executive director of Cashwerkz, Wisr and Xinja. "Craig has experience building investment products in a wide range of asset classes from venture capital to farmland, designed ...

Finnies showcase best in fintech

ELIZABETH MCARTHUR  |  THURSDAY, 13 JUN 2019
... capital raise. Afterpay took home two awards and was named Fintech Organisation of the Year for the third year in a row. Xinja co-founder Van Le was named Female Fintech Leader of the Year while Outstanding Fintech Leader of the Year went to Jack Zhang ...

APRA grants ADI licence to Judo Bank

ELIZABETH MCARTHUR  |  WEDNESDAY, 24 APR 2019
... authorisation in Australia." "We are seeing a lot of interest in the area, so it is great to see Judo achieve this milestone." Xinja Bank is also awaiting a full licence from APRA. It too welcomed the news of Judo's success. Chief executive of Xinja ...

First neobank granted full banking licence

OSKAH DUNNIN  |  WEDNESDAY, 23 JAN 2019
... objectives of encouraging competition while maintaining safety and stability in the financial system," Byres said. Neobank Xinja hopes to join Volt Bank as the second fully APRA licenced digital banking service in 2019. Xinja was the second neobank to ...

Xinja funds platform for growth

OSKAH DUNNIN  |  WEDNESDAY, 16 JAN 2019
Neobank Xinja has successfully funded its second campaign on the Equitise crowdfunding platform, raising more than $500,000 in nine hours. Equitise co-founder Jonny Wilkinson believes the neobank market is set to disrupt the established banking industry ...
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