News

Company announcements and media releases

Announcement
Avenue Bank is awarded a restricted banking licence
The company is one of the first recipients to receive a restricted banking licence since the Australian Prudential Regulation Authority (APRA) recommenced licensing.
07 Sep '21
2min read
Avenue Bank is awarded a restricted banking licence
SME lender Avenue Bank granted restricted banking licence
News
SME lender Avenue Bank granted restricted banking licence
08 Sep '21
3min read
Avenue Bank, a digital business bank with plans to shake up the SME lending sector, has been granted a restricted banking licence by the Australian Prudential Regulation Authority (APRA).
Mozo
APRA approves new business bank Avenue
News
APRA approves new business bank Avenue
08 Sep '21
4min read
Avenue Bank has received the prudential regulator’s approval to offer short-term working capital finance to small businesses overlooked by the major banks, in a market set to exceed $20 billion in a few years.
AFR
Digital-first Avenue Bank gets licence to offer short-term finance to small businesses
News
Digital-first Avenue Bank gets licence to offer short-term finance to small businesses
08 Sep '21
3min read
The prudential regulator has given Australian business lender Avenue Bank the green light to offer short-term finance to small businesses.
SmartCompany
New Avenue for banking as licence granted
News
New Avenue for banking as licence granted
08 Sep '21
3min read
The prudential regulator has granted Avenue Bank a licence to operate as ...
The Australian
The CDO and the board
News
The CDO and the board
31 Aug '21
4min read
The chief data/digital officer role has risen in prominence in the past decade to manage the business side of digital technologies, but as seasoned cdos explain, boards still have plenty to learn about getting digital transformation right.
AICD Magazine
Fintech Avenue closes $37m to launch next-gen business banking solutions
Announcement
Fintech Avenue closes $37m to launch next-gen business banking solutions
24 Feb '21
2min read
Australian fintech Avenue, is gearing up to launch a digital first business bank after closing its $37m Series B funding round.
Instant credit might be a better bet for small business
News
Instant credit might be a better bet for small business
19 Jul '20
3min read
The Morrison government is extending a subsidised credit scheme for SMBs. Australian fintech is instead banking on the idea it can provide more targeted assistance for small businesses.
afr.com
A new Avenue is opening up for Australian businesses
News
A new Avenue is opening up for Australian businesses
16 Jul '20
9:22min video
Fintech Aveue is launching a Series B funding round to build its challenger bank. CEO George Confos says it's an exciting time and big things are coming.
ausbiz.com.au
Avenue announces new CEO to boost launch of SME bank
Announcement
Avenue announces new CEO to boost launch of SME bank
14 Jul '20
3min read
Avenue, a rapidly-scaling Aussie fintech, building a dedicated business bank, to open their Series B funding round led by KPMG.
KPMG kicks off funding search for fintech Avenue
News
KPMG kicks off funding search for fintech Avenue
13 Jul '20
3min read
Small business finance contender Avenue is ramping up its pitch to take on the big Australian banks, hiring KPMG Corporate Finance to kick off a series B funding round.
afr.com

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© Avenue Bank Ltd ACN 628 073 085

Avenue Bank Ltd ACN 628 073 085, AFSL 520239, is authorised by the Australian Prudential Regulation Authority (APRA) to operate under a Restricted Authorised Deposit-taking Institution (RADI) licence until 7th September 2023. Under this restricted licence we are not required to meet the full ADI prudential framework and we will not be offering banking products to the general public.

Avenue Bank acknowledges and pays respect to the past, present and future Traditional Custodians and Elders of this nation and the continuation of cultural, spiritual and educational practices of Aboriginal and Torres Strait Islander peoples.