Simon Taylor talks to Eric Wilson, CEO at Xinja, which is building Australia’s first digital bank. First off, Eric introduces us to Xinja – what it is, how it works and what makes it unique, and of course we had to ask how they came up with the name and how it’s pronounced (like ninja).
We ask about the company’s business model; how they make money, who their customers are and how they acquire them, and what their long-term goals are.
Eric also tells us about Xinja’s partnership with Equitise to offer equity crowdfunding, and the Founding Xinja community, and their aims to bring humanity back to banking and how they feel about the label ‘neobank’.
We also get his thoughts on the future of cash, particularly in Australia, and how the Australian market compares to the UK, Europe and the States.
– This podcast is reproduced with kind permission. Some minor changes may have been made to the text to reflect BankNXT style considerations, but the podcast itself is always unchanged. See more FinTech Insider content here. Image by kentoh, Shutterstock.com; Xinja