| Founded | 2017 |
|---|---|
| Closed | 2022 |
| Country | Australia |
| Sector | Fintech |
| Total raised | $100M |
| Collapse type | Silent Shutdown |
| Founder | Steve Weston |
Volt Bank
"Australia's first neo-bank — returned all customer deposits before shutting down."
Quiet closure with no public announcement
Key Events Timeline
Volt Bank was among Australia's first companies to receive a full Authorised Deposit-taking Institution (ADI) banking licence as part of APRA's push to increase banking competition.
// full analysis
Full analysis requires the Analyst plan
Documented cause · Market cycle · Competitive moat type · Verified lesson
€149/mo · or contribute your autopsy for free access →
UnicornBurn Season 0 opens July 2026. 10,000 founders competing in one world. Your startup fights for the market every Saturday. Most will end up here. Which one are you?
JOIN SEASON 0 →Volt Bank followed a documented pattern. Identify the same signals in any company before they reach the point of no return.
Witnessed a startup failure first-hand? Share the real story. First-hand accounts from founders and team members get prioritized for publication.
SUBMIT AN AUTOPSY →Failure intelligence for due diligence and risk analysis.
Structured dataset by collapse type, for 5031 startups. 7-day trial.
See plans →Free JSON API. No key required. 50 autopsies, 10 req/day.
Full dataset available with Intelligence plan API key. CORS enabled.
Explore API →Academic, press, or research use? Free JSON API available — no auth required →