Neobank Volt makes its move in the Aussie lending space, acquiring Australian Mortgage
Volt has acquired alternative lender Australian Mortgage in a bid to bring tech into an antiquated industry.
Neobank Volt has acquired alternative lender Australian Mortgage, in a bid to bring tech into an antiquated industry, and improve efficiency for brokers and borrowers alike.
It means the bank will be able to offer a mortgage product for the first time — one it says will allow for fully verified approval times of 15 minutes or less.
Speaking to SmartCompany, Volt co-founder and chief Steve Weston says the acquisition represents a milestone for Volt.
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