News & Analysis

Neobank 86 400 is getting into the energy comparison business

- January 14, 2020 2 MIN READ

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 »

News & Analysis

App-based startup 86 400 is looking for $250 million as it prepares to become Australia’s newest bank

- May 9, 2019 2 MIN READ

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 »