We are really stoked to announce that the Australian Prudential Regulation Authority (APRA), has granted Xinja Bank Authorised Deposit-Taking Institution status – aka a full banking licence (you can read the full press release here).
AND we’ve launched our app and bank accounts today, making us the first, independent neobank to do so in Australia. It’s about time Australians had access to a bank designed in their interests.
We’ll be rolling out bank accounts to prepaid card customers and waitlist first, so watch out for your invite, or if you haven’t already, download the app to join the waitlist, and we’ll let you know as soon as you get to the top! It won’t be long.