Australia's first neobank Volt to shut deposit taking business, return licence - Reuters.com


6/28/2022 12:00:00 AM2 years 10 months ago

Australia's first neobank, Volt Bank Ltd <a href="https://www.reuters.com/companies/IPO-VOT.AX" target="_blank">(IPO-VOT.AX)</a>, said on Wednesday it was shutting down its deposit taking business, returning its banking licence and reducing staff numbers afte…

June 29 (Reuters) - Australia's first neobank, Volt Bank Ltd (IPO-VOT.AX), said on Wednesday it was shutting down its deposit taking business, returning its banking licence and reducing staff numbers… [+1271 chars]

full article...