Aussie bank tells 6000 customers to leave

An Australian bank that collapsed has urged its 6000 customers to withdraw $100 million worth of deposits before it starts closing accounts from next Tuesday.

What’s the future for these digital neobanks? Had high hopes for the likes of Xinja and Volt, but now they’re both gone and others are being acquired by traditional banks.

Read the original post “Aussie bank tells 6000 customers to leave” on our Facebook page.