Simon Beitz

Alex Bank to give Keynote at 10th Annual FinTech Summit

Alex Bank founder Simon Beitz will deliver the opening keynote at October's FinTech Summit in Sydney; the piece recaps the neobank's licence, products and growth since launch.

Alex Bank taps market for $20M to accelerate growth with new ADI status firmly in place

Alex.Bank has announced a new equity raise targeting $20 million at a $130 million valuation, following its 2022 raise and recent ADI licence receipt, to fund lending and deposit growth.

Alex Bank raises over $20 million in Series C funding

Digital lender Alex Bank closed a Series C round over $20 million at a valuation above $120 million, adding new backers including Washington H. Soul Pattinson, and appointed a chair and two directors.

Also SmartCompany·SmartCompany·Australian FinTech·Australian FinTech

Fintech Alex banks $20 million series C

Digital lender Alex closed a $20 million Series C valuing it above $120 million, backed by investors including Washington H. Soul Pattinson, and added three new directors to its board.

Also Startup Daily·Startup Daily·Startup Daily

Alex, a new challenger fintech, just got a banking licence

Digital lender Alex has received a restricted authorised deposit-taking institution licence from APRA, letting customer deposits fund its lending. Founded in 2018, it has written over $8 million in personal loans.