UBank is a digital-only bank and a division of National Australia Bank (NAB). Launched in 2008, it was one of Australia's first digital banks, aiming to simplify banking by leveraging technology to offer straightforward, competitive financial products without physical branches. In 2022, UBank merged with the neobank 86 400 to further enhance its technology platform and product offerings. The company's mission is to help Australians take control of their money through a simple, smart, and user-friendly banking experience.

Founded in

Australia