Stuck by the pandemic, IPO hopeful neobank Volt is once again drumming up investors.
Neobank Volt Bank’s writing retail loans – and now it’s after capital to help fund the book’s growth.
Volt Bank’s expected to explain its digital banking business and platform, which has headed down the banking-as-a-service path, targeting mortgages through strategic partners including ASX-listed aggregator Australian Finance Group. Growth-minded investors are likely to forgive the red ink. However, they will be trying to work out exactly how big and how quickly Volt could capture retail banking market share as part of the funding round.
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