APRA revokes ADI license of neo bank 86 400 Ltd
This determination follows the acquisition of 86 400 Ltd by National Australia Bank Limited (NAB) in May 2021.
This determination follows the acquisition of 86 400 Ltd by National Australia Bank Limited (NAB) in May 2021.
APRA has granted IN1Bank Ltd an extension of its licence to operate for a limited time as a restricted ADI.
The website of Xinja Bank has gone blank several days after APRA revoked its ADI license.
The Australian Prudential Regulation Authority revokes the authorised deposit-taking institution (ADI) licence of Xinja Bank.
Xinja would be withdrawing its Transaction and Savings account products and returning its banking licence.
APRA has granted TransferWise Australia Pty Limited a licence as a limited authorised deposit-taking institution (ADI).