Neobank news — Volt perhaps not so safe


#1

I saw this in the Fin this morning about Volt’s CEO having a checkered past. Very interesting:


#2

Interesting to see Rear Window doing this.

Bit of a cheap shot in the context of a failed venture. Though the fit and proper person test comes to mind in the context of the litigation in Victoria that spun out of this previous startup.

Just a note, Luke Bunbury is the deputy CEO I think they corrected the online revision of the article, not the CEO.

Certainly a lot more scrutiny to come of all bank staff, even the Neo banks. No doubt the existing PR machine of the Big 4 is working overdrive to find and send dirt to the AFR…

:joy: