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Showing 1 - 10 of 12 results for "Challenger Bank"

Heartland finally gets regulatory approval for Challenger Bank acquisition

ELIZA BAVIN  |  MONDAY, 8 APR 2024
... Prudential Regulation Authority (APRA) and the Reserve Bank of New Zealand (RBNZ) for Heartland Bank's acquisition of Challenger Bank. Heartland said, subject to final regulatory approvals, it expects the acquisition to be complete on 30 April 2024. ...

Challenger appoints chief financial officer

CASSANDRA BALDINI  |  MONDAY, 31 OCT 2022
... continue to deliver on our strategy to expand our offering and customer base." After leading the sale process of Challenger Bank, Grimes felt it was an appropriate time to transition from her position and focus on a range of non-executive director opportunities. ...

Challenger offloads banking business

JAMIE WILLIAMSON  |  THURSDAY, 20 OCT 2022
... funding; potential uplift in margin; and to provide a platform to grow the business. "Heartland's purchase of Challenger Bank signals a major step forward in our Australian expansion strategy. A pathway to acquiring an ADI licence would create access ...

Afterpay slides in global fintech rankings

HARRISON WORLEY  |  TUESDAY, 5 NOV 2019
... financial services scene. This year's iteration saw seven Australian fintechs make the cut, including emerging challenger bank Judo Bank, whose notable backers include the likes of Myer Family Investments, Credit Suisse Asset Management and Abu Dhabi ...

Fintech off to slow start in 2019: KPMG

KRISTI CHENG  |  TUESDAY, 6 AUG 2019
Following record investments in 2018, Australia's fintech sector saw a subdued investment trend in the first half of this year. The number of fintech deals and total global investment in fintech dropped in 1H19, a result due primarily to the lack of ...

APRA grants ADI licence to Judo Bank

ELIZABETH MCARTHUR  |  WEDNESDAY, 24 APR 2019
... restrictions in what is being welcomed as a win for banking competition and fintechs. Judo, which refers to itself as a challenger bank, is focussed on Australia's small and medium sized business market with business loans, lines of credit, equipment ...

The rise of challenger banks in Australia: SIBOS

MICHELLE BALTAZAR  |  THURSDAY, 25 OCT 2018
Challenger banks :86400, volt and xinja mount plans to disrupt the banking oligopoly in Australia. Speaking at the SIBOS Conference held in Sydney this week, senior heads at the three challenger banks spoke about how changing customer needs, fintech ...

Former NAB subsidiary flags merger with Virgin Money

ALEX BURKE  |  TUESDAY, 8 MAY 2018
... brand would play a "significant role" in the combined group, and that the merger would create the UK's "leading challenger bank offering both personal and SME customers a genuine alternative to the large incumbent banks." "The combination would provide ...

FinTech Australia appoints interim chief executive

DARREN SNYDER  |  MONDAY, 12 MAR 2018
The association representing Australia's burgeoning fintech industry is searching for a new leader following the resignation of its chief executive on Friday. As the search begins to replace Danielle Szetho, FinTech Australia has appointed Sarah Worboys ...

FinTech Australia chair steps down

JAMIE WILLIAMSON  |  MONDAY, 29 JAN 2018
... increasing competition and choice across Australian financial services - including through the introduction of challenger bank licences, which is a priority. "The fact of the matter is that Australia continues to have one of the most concentrated banking ...
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