Volt and Frollo to launch BaaS app

Australian neobank Volt has partnered with Frollo to build and launch a new banking-as-a-service (BaaS) app that is fully integrated with Volt’s core banking system and can be white labelled for Volt’s BaaS customers.

In addition, Volt will become the first lender to use Frollo’s Open Banking-powered ‘Financial Passport’ to automate its lending decisions through a real-time, accurate, and complete assessment of the borrower’s financial situation.

Read more: The Paypers