Hay will incorporate Mambu’s API-first, core banking platform into its custom-built technology ecosystem.
Hay, which in February 2020 released a fee-free digital transaction account, is building a digital infrastructure to provide Australians with a new mobile-first money solution.
The company is awaiting approval of its application for a Restricted Authorised Deposit-taking Institute (RADI) licence, which will open the gate for Hay to begin operating as a fully-fledged neobank.
The Paypers is the Netherlands-based leading independent source of news and intelligence for professional in the global payment community.
The Paypers provides a wide range of news and analysis products aimed at keeping the ecommerce, fintech, and payment professionals informed about the latest developments in the industry.
Current themes
No part of this site can be reproduced without explicit permission of The Paypers (v2.7).
Privacy Policy / Cookie Statement
Copyright