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Neobank with 110 staff targets $2b in mortgages – The Australian Financial Review

The digital only bank that cost as much to build as the big four spend on compliance each year has big aspirations.

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The company won’t disclose how many customers it has signed up but says it has more than 225,000 accounts on its ‘platform’ and is on track to reach 500,000 by the end of the next financial year.
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