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Alex Financial: ‘We’re not a good neobank’

Alex Financial: ‘We’re not <a href="https://paydayloansindiana.org/">payday loans in Indiana</a> a good neobank’

Australia’s latest lender try an electronic digital financial which have a focus on credit – however, anything you carry out, never refer to it as a good neobank.

Mainly based by the former Suncorp lenders when you look at the 2018, Alex Bank was supplied a small banking permit by prudential regulator past Wednesday.

Alex co-maker and you can Chief executive officer Simon Beitz: “I’m not sure what neobanks are. I do believe he or she is only people in T-tees.” Attila Csaszar

Ceo and you may co-maker Simon Beitz claims the financial institution really wants to difficulties the brand new position quo by providing customers with well cost financing and you will prompt turnaround moments, without any overheads and legacy solutions one to bog down incumbents.

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