Finance platform Railsbank has entered the Australian market through a partnership with FinTech Volt.
In Brief:
Railsbank will use Volt’s banking-as-a-service platform and infrastructure.
It will be able to distribute products like cards and bank accounts to Australian customers.
Volt will take advantage of Railsbank’s global network of partner brands.
What does this mean?
Based in the UK, Railsbank already has an APAC presence in Singapore, the Philippines, Malaysia, Vietnam and Sri Lanka.
The new announcement not only deepens Railsbank’s commitment to the region but enables it to use Volt as a platform for further expansion.
