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APRA launches investigation into Xinja’s capital raising tactics – Sydney Morning Herald

The prudential regulator has issued orders to investors to provide all correspondence and records with Xinja over a 14-month…

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Neither the former Xinja entity nor Techstacked have raised any capital since the ADI licence was handed back to APRA.
Xinja was founded in 2017 and obtained a banking license two years later. The digital bank quickly attracted more than 40,000 customers…

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