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Australian Challenger Bank Raises Series C, Plans IPO for 2020

Australian Challenger Bank Raises Series C, Plans IPO for 2020

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FintechNews Roundup
··1 min read

Volt, a challenger bank in Australia has raised $70 million in a Series C round; they have now raised $100 million and are planning for an IPO later this year if market conditions remain favorable; Volt is now looking to raise a $50 million Series D round in part due to regulatory capital demands; Volt most recently launched their first deposit product and is looking to have a full suite of loan options by the end of 2020; they are also looking into entering the small business space in 2021. Finextra

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    With efforts in many different areas of the team, she helps manage, organize and execute digital and event content. She works with webinars, podcasts, social media along with managing the hundreds of speakers that attend our conferences. Emily was a part of the Zimmerman Advertising Program at the University of South Florida. She graduated in 2019 receiving a Bachelor of Science in Business Advertising.

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