Big four bank NAB is taking control of neobank 86 400, just 18 months after the fintech launched. The proposed deal ends the “challenger bank” dream of British banking pioneer Anthony Thomson, co-founder of the UK’s Metro Bank and publicly-listed digital bank Atom, and CEO Robert Bell, a former ANZ Japan boss. It was only… Read more »
Let’s face it, for most of us, raising money, even in the best of times, isn’t easy. Over the past 13 years I’ve raised over $1 billion dollars, in the UK, Europe, North America and Asia, and pretty much none of it was simple. It might be more challenging now than it was a few… Read more »
86 400 Chairman Anthony Thomson and CEO Robert Bell Digital bank 86 400’s fourth product since launching last last September is somewhat unexpected for a financial institution – an electricity analysis and switching service. Announcing Energy Switch today CEO Robert Bell said “Energy Switch service delivers on our purpose to help Australians take control of… Read more »
86 400 is a new digital-only bank led by British entrepreneur Anthony Thomson It’s backed by Sydney-based payments services company Cuscal The bank is waiting for APRA approval to launch with a savings account this year It’s seeking $250m over the next three years to strengthen its balance sheet Digital banking startup 86 400 (named… Read more »
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