Xinja aims to shake up Australian banking

Startup promises ethical, customer-led approach; first it needs a licence.

 160x186Eric Wilson, Xinja
 Eric Wilson, Xinja

“There is a statue of a man on a bench reading a newspaper in Australia Square. Meet me there.” It is a suitably clandestine way to get together with Eric Wilson, a man who wants to shake up his industry.  At a time when Australia’s biggest banks are under increasing regulatory and margin pressure – none more so than the biggest, Commonwealth Bank of Australia – he is launching a new bank with a vision to do things differently.

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