Robert Bell CEO of digital only neobank 86 400 has announced to customers that they’re “joining the NAB family”, which means they’ve been bought out by NAB. 86 400 was launched as a new digital only bank in late 2019. Until today it’s backers were Cuscal (Australia’s leading independent payments provider) along with an Australian superannuation […]

The post Innovative neobank 86 400 acquired by NAB, reducing banking competition appeared first on Ausdroid.

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