Business
NAB buys neobank 86 400 in $220m deal – Sydney Morning Herald
National Australia Bank is buying the neobank 86 400 as it looks to ramp up growth through its offshoot UBank, in a $220 million deal that it says will enhance…
National Australia Bank is buying out the neobank 86 400 as it looks to ramp up growth through its offshoot UBank, in a $220 million deal aimed at enhancing NABs digital banking offer.
NAB says the acquisition will enhance its digital banking offer.Credit:Fairfax Media
NAB told the ASX on Friday morning it had entered into a deal to acquire all of the shares of 86 400, which was founded by payments business Cuscal, one of several start-up banks that were seen as potential future threats to the…
-
Noosa News20 hours agoBondi Beach terror attack: Police investigate threat against Westfield North Lakes in Queensland
-
Noosa News21 hours agoBrand update as firm marks 25 years – Proctor
-
Business23 hours agoWhy Bapcor, IDP Education, Netwealth, and Ora Banda shares are pushing higher today
-
Noosa News21 hours agoNon-compliance, human error led to $2m Noosa Council fraud