86 400

From Everything Wiki
Jump to navigation Jump to search
0.00
(0 votes)


{{ safesubst:#invoke:Unsubst||date=__DATE__ |$B=

}} Template:Use Australian English

86400 Ltd
Traded as86 400
IndustryBanking, Financial services
Founded2017
HeadquartersSydney, Australia

86 400 is a neobank based in Sydney, Australia.[1] It is chaired by Anthony Thomson,[2] former founder and chairman of Atom Bank and Metro Bank in the UK.[3] Its name comes from the number of seconds in a day.[4]

On 18 July 2019, 86 400 received a full banking licence from APRA, enabling it to operate as an Authorised deposit-taking institution (ADI).[5][6][7]

86 400 launched to the general public on 10 September 2019 with a transaction and savings account.[8] It is currently the only neobank in Australia to offer home loans.[9]

References[edit]

  1. Yeates, Clancy (2019-07-18). "Start-up bank race heats up as 86 400 gets APRA green light". https://www.smh.com.au/business/banking-and-finance/start-up-bank-race-heats-up-as-86-400-gets-apra-green-light-20190718-p528ec.html. Retrieved 2020-07-22.
  2. Thomsen, Simon (2018-06-27). "UK financial entrepreneur Anthony Thomson is launching a new digital bank in Australia". https://www.businessinsider.com.au/new-digital-app-bank-australia-86400-2018-6. Retrieved 2020-07-22.
  3. Smyth, Jamie; Arnold, Martin (2018-06-27). "Metro Bank founder joins digital challengers in Australia". https://www.ft.com/content/75e17ebe-79d0-11e8-bc55-50daf11b720d. Retrieved 2020-07-22.
  4. Thompson, Sarah (2019-07-22). "New retail bank 86 400 rattles tin for fresh equity". https://www.afr.com/street-talk/new-retail-bank-86-400-rattles-tin-for-fresh-equity-20190722-p529eu. Retrieved 2020-07-22.
  5. Yeates, Clancy (2019-07-18). "Start-up bank race heats up as 86 400 gets APRA green light". https://www.smh.com.au/business/banking-and-finance/start-up-bank-race-heats-up-as-86-400-gets-apra-green-light-20190718-p528ec.html. Retrieved 2020-07-22.
  6. Boyd, Tim (2019-07-18). "CEO of newly approved bank aims at big four". https://www.afr.com/companies/financial-services/ceo-of-newly-approved-bank-aims-at-big-four-20190718-p528eo. Retrieved 2020-07-22.
  7. Moullakis, Joyce (2019-07-18). "New digital bank approved, as 86 400 gets a licence". https://www.theaustralian.com.au/business/financial-services/new-digital-bank-approved-as-86-400-gets-a-licence/news-story/7aab75c7ae56aa5dc2957f855e4e9ac0. Retrieved 2020-07-22.
  8. Swan, David (2019-07-18). "Smart banking on the way in 86 400 launch". https://www.theaustralian.com.au/business/financial-services/smart-banking-on-the-way-in-86-400-launch/news-story/6636f07e85bd6f20752a129a2244b179&memtype=anonymous&mode=premium&nk=17dd978960450bc30c08a8d01e1402cf-1568603259. Retrieved 2020-07-22.
  9. Frost, James (2020-07-09). "Neobank with 110 staff targets $2b in mortgages". https://www.afr.com/companies/financial-services/neobank-with-110-staff-targets-2b-in-mortgages-20200709-p55aeh. Retrieved 2020-07-22.

External links[edit]

Template:Source Wikipedia


You are not allowed to post comments.