DayTek Capital joins Visa’s Fintech Fast Track program for the launch of Infinity

Brisbane, Queensland Jun 22, 2020 (Issuewire.com)  - DayTek Capital joins Visa’s Fintech Fast Track program for the launch of Infinity

DayTek Capital today announced that it has joined Visa’s Fintech Fast Track program, allowing the business to leverage the reach, capabilities and security that VisaNet, the company’s global payment network, provides.

DayTek Capital, which is in the process of building a neobank, ‘Infinity’, is set to use these unrivalled resources, alongside access to a cross-functional team of fintech experts at Visa through the Fintech Fast Track program, to bring its revolutionary neobank to market. Underpinned by state-of-the-art technology, Infinity will offer advanced analytical and artificial intelligence capabilities to assist consumers in developing their financial profile. It aims to provide a competitive offering through alternative and unique banking products tailored to their customers’ financial situation and interests.

“We are delighted to partner with Visa as we build Australia’s first ‘product-disruptive’ bank,” said Krish Gosai, Co-Founder and Chief Commercial Officer at DayTek Capital. “Visa is a global leader in payments and is continuing to invest in advanced technology developments to adapt to the fast-changing financial landscape. Through this collaboration, Infinity will not only bear the Visa logo on our cards but will be leveraging Visa’s new and innovative solutions across our unique product offerings and technology stack.”

As the trend towards digital continues to accelerate, fintechs are embracing technology to redefine and enhance the way we pay, manage and invest our money,” said Anthony Jones, Visa’s Head of Innovation and Partnerships for Australia, New Zealand and South Pacific.   

“With their continuous focus on technology and customer experience, we’re excited to partner with DayTek Capital through Visa Fintech Fast Track, a program enabling nimble fintechs to refine their payment products, and scale more quickly,” Mr Jones said.

-ENDS-

 

About DayTek Capital

DayTek Capital is building a new bank, ‘Infinity’, which will be a unique “product-disruptive bank”, launched in Queensland, Australia. Underpinned by state-of-the-art technology, Infinity will offer advanced analytical and artificial intelligence capabilities to assist consumers in developing a healthier financial profile. Infinity has generated significant interest in Australia, with the Federal government and various Queensland State government bodies offering assistance in support of the venture.

 

About Visa

Visa Inc. (NYSE: V) is the world’s leader in digital payments. Our mission is to connect the world through the most innovative, reliable and secure payment network - enabling individuals, businesses and economies to thrive. Our advanced global processing network, VisaNet, provides secure and reliable payments around the world and is capable of handling more than 65,000 transaction messages a second. The company’s relentless focus on innovation is a catalyst for the rapid growth of digital commerce on any device for everyone, everywhere. As the world moves from analog to digital, Visa is applying our brand, products, people, network and scale to reshape the future of commerce. For more information, visit  About Visa, visa.com/blog and @VisaNews.

 

For further information, imagery or interviews contact:

  • Contact: media@daytekcapital.com.au
  • Web: www.daytekcapital.com.au
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Categories : Banking , Finance , Loans , Media , Mortgage
Tags : AI , savings , loans , prepaid , apra , ASIC , CRO , neobank , technology , banking
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