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86400 was an Australian neobank that gained a banking licence in 2019. The bank offered competitive interest rates on savings accounts and no fees on transactions or international purchases, making it an attractive option for customers looking for an alternative to traditional banks. But, what happened to 86400?
In December 2021, NAB announced that it had completed the acquisition of 86400. In the months following, NAB merged 86400 with its own digital bank, UBank. This merger resulted in 86400’s new name, UBank.
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