Investors in the fallen neobank will have the opportunity to vote on a “non-binding poll” on the company’s future at an online event this month.
The head of an Emirati investment group negotiating with neobank Xinja has cast doubt over a lifeline deal.
A Las Vegas headquartered online security firm Says Xinja customers were at risk of a sophisticated cyber attack after he found critical flaws in the neobank's customer due diligence and security.
The neobank has returned more than $252 million to customers and will hand back its banking licence within weeks,says APRA.
The US-registered website has offered cash and whistleblower protections for insider information on the $433 million deal brokered by First Penny Investments that never materialised.
First Penny Investments has cost start-up founder Rod Lewis around $40,000. But after one year,he says he's not received any leads.
Xinja burst onto the scene three years ago promising to shake up the banking industry. But now it's exiting banking,so what went wrong?
A confidential investor presentation shows Xinja expected to be in the black within two years,despite two auditors warning it was at risk of being insolvent.
First Penny Investments CEO Michael Gale is in the business of helping start-ups find capital. But current and former associates say Mr Gale over-promises and under-delivers.
The neobank that promised the world has pulled the pin on banking services and customers have seven days to transfer their money to another account.
Animal lover Terry Butts came up with the idea of offering pet owners an A-grade transport service after seeing a St Bernard crammed in the front seat of a tiny Toyota Camry.