Fintech

Neobank Xinja is shutting up shop

- December 16, 2020 4 MIN READ

Xinja’s neobank adventure is over after just three years, with the fintech startup announcing it will hand back its banking license. The company hopes to continue with its US share trading platform, Dabble “should circumstances allow”, but that project has already been delayed indefinitely. The bank says customers won’t be able to put money in… Read more »

Fintech

Xinja cuts the cap for paying interest on its Stash account once again to just $50,000

- November 17, 2020 2 MIN READ

Less than a year after “Australia’s best savings account”, the high interest rate on Xinja’s Stash savings account appears to be a millstone around the neobank’s neck, with the fintech slashing the interest-bearing cap by two-thirds to just $50,000 on any deposits. With the launch of Xinja US share trading platform Dabble now delayed indefinitely,… Read more »