DayTek Capital: Set to launch challenger bank Infinity by 2020

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DayTek Capital: Set to launch challenger bank Infinity by 2020

DayTek Capital: Australian firm, set to launch challenger bank Infinity in the country by mid-2020

  • DayTek Capital claiming that it will be the first product disruptive bank of its kind
  • Infinity is taking aim at other challengers as well as traditional banks
  • Led by DayTek Capital chief executive Will Banks, and chief commercial officer Krish Gosai
  • Queensland-based bank will offer “unique products and services” to both retail and business customers
  • Initially starting with a prepaid card, the business is aiming for a full licence by the end of the year
  • It also offer Australians and Queenslanders a home-grown bank that provides a real alternative to the status quo