Tagged: Volt

Australia’s Neobank Volt to Acquire Neo-lending Platform Australian Mortgage

Australia’s first neobank Volt has reportedly acquired neo-lending platform Australian Mortgage, enabling it to provide “fully-verified” approval times of less than 15 minutes on its new digital mortgage product. As mentioned in a release shared with CI: “This is a material improvement compared to many… Read More

London based Open Payments Fintech Volt Secures $23.5M via Series A led by EQT Ventures

London-headquartered Volt, an open payments gateway provider, has secured $23.5 million in capital through a Series A round that was led by EQT Ventures. Augmentum Fintech, Fuel Ventures, and angel investors including Adyen co-founder Robert Kraal and FIS non-executive director Gabriel de Montessus took part… Read More

Neobank Volt Announces Alliance with Australian Finance Group Ltd, Extends Series E Funding Round

Volt, an Australian digital banking service, has partnered with Australian Finance Group Ltd (ASX:AFG) – a large mortgage aggregator. The partnership with Volt is a significant sign of confidence for the emerging Fintech. Simultaneously, Volt has extended its Series E funding round. According to a… Read More

Open Banking: London based Volt, an Open Payments Gateway, Unveils New Cash Management Facility

Volt, an open payments gateway, revealed on Wednesday (April 28, 2021) that it has developed new cash management functionality. It offers merchants and payment service providers with full visibility of Open Banking payments made via the UK’s Faster Payments Service and the European SEPA Credit… Read More

Railsbank Expands into Australia in Partnership with Digital Bank Volt

Railsbank, a Banking as a Service (BaaS) platform, has expanded into Australia in partnership with digital bank Volt. Founded in 2016, Railsbank is based in the UK and offers APIs and apps for financial services firms to offer modern services. Volt is the first digital… Read More

Australian Neobank Volt to Further Slash Interest Rates on its Savings Account, Other Digital Banking Challengers Also Making Cuts

Australian neobank Volt has confirmed that it’s planning to reduce the total interest rate on its Save account. The bank will slash the current rate by 20 basis points, so it will be lowered from the current 1.45% p.a. to 1.25% p.a. This new rate… Read More

Australian Neobank Volt Announces Partnership With Global Retailer Cotton On Group

Australian neobanking group Volt announced on Monday its new partnership global retailer, the Cotton On Group, introduce team members and customers to the Volt experience. Volt claims this is the first partnership of this type between a neobank and major retailer in Australia. Volt also… Read More

Australian Digital Bank Volt Secures $70 Million in Additional Investments via Series C Round

Volt, one of Australia’s first neobanks to have received a full operational license in the country, has reportedly secured an additional $70 million in investments. Steve Weston, co-founder and CEO at Volt, stated: “The high levels of interest we are receiving from potential banking partners… Read More

Australia-based Neobank Volt Bank Reveals Details Regarding its New Savings Account and Interest Rate

Australia-based digital bank Volt Bank has revealed details regarding one of its most anticipated and soon-to-be-released banking products, a new type of savings account with a decent interest rate. Volt Bank’s official website says that the digital bank will provide a 2.15% maximum ongoing interest… Read More

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