Business
NAB steps up SME offering with fintech investment – The Australian Financial Review
Australia’s biggest business bank prepares to offer SME’s real-time transaction analysis and a flat rate for lowest cost routing.
NAB did not disclose the size of the stake in Pollinate, which attracted the backing of chief executive Ross McEwan’s previous employer, RBS, just months after he left the UK for Australia.
It is understood Mr McEwan’s familiarity with the company and its people helped NAB fast-track the transition, which sees the bank emerge with both an equity stake and partnership.
NAB’s Tania Motton: “We are the bank for business in Australia.”
Rolled out in the UK under RBS subsidiary NatWest under the …
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