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The digital bank has reported its “strongest year” in its financial year 2023 financial results driven by continued broker channel commitment.

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News Australian Digital Bank, Alex Bank Goes Live with Term Deposits on Temenos Banking Cloud Following approval for an... | May 11, 2023

<p><span>Temenos (SIX: TEMN) today announced that Alex Bank launched its Fixed Term Deposits following a rapid deployment where Temenos and Alex Bank partnered to design, test, and implement over less than four months. This expands its product portfolio, including Personal Loans and Savings accounts – all on the Temenos Banking Cloud.</span></p>

The digital bank has announced the appointment of Andrew Peng as its new state manager for broker partnerships, Victoria. Mr Peng joins Alex Bank with over 10 years of experience in the finance indust

Challenger bank Alex Bank’s kicked off its search for $20 million in fresh funding, so it can beef up its regulatory capital and accelerate lending growth. 

A new non-major bank has been formed after being granted a full banking licence from APRA. Alex Bank has been granted a licence to operate as an Authorised Deposit-taking  Institution (ADI) by the A

Brokers will now have access to a new bank, as APRA has granted a neobank with a full banking licence. Alex Bank has been granted a licence to operate as an Authorised Deposit-taking  Institution (

The neobank has hired its first state manager for broker partnerships, Queensland, to help support brokers and oversee its third-party channel expansion. Digital lender Alex Bank has appointed Peter

The digital lender has recruited two new executives from Judo and Aussie. Jeff Nel has been named as Alex Bank’s new chief operating officer, after being head of core technology services and busine