86 400 is a neobank that is here to help you take control of your money. They are a smartbank fit for purpose in today's mobile world.
86 400 is the only retail neobank entrant in the country that offers home loans and shared accounts, currently in pilot.
86 400 was founded in 2017 by Anthony Thomson. The company is headquartered in Sydney, New South Wales, Australia.
86 400 has built a smarter alternative to how Australians bank today. The company has introduced seven products in a span of six months and is bringing products to market faster than any other bank in Australia, digital or otherwise.
86 400’s platform has more than 170,000 accounts on file, which sees over 350,000 transactions and balance updates every day.
86 400 has raised A$34M in a Series A round on April 08, 2020. The investment was led by Morgan Stanley and saw participation from an Australian superannuation fund, fund managers, high net worth individuals (GNWIs), and family offices.