Story perspectives

AMP Launches Mobile Bank for Australia's Small Businesses

2/9/2025

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Summary

Story summary

AMP is set to launch a mobile-first digital bank in Australia, focusing on small and micro businesses.
The app includes numberless debit cards, advanced fraud protection, and integrated accounting features.
It simplifies administrative tasks by merging personal and business banking into one platform.
AMP targets the 90% of Australian businesses that are self-employed or small.
The bank will operate exclusively through a mobile app, utilizing a SaaS platform from Starling.

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Story summary

AMP is set to launch a mobile-first digital bank in Australia, focusing on small and micro businesses.
The app includes numberless debit cards, advanced fraud protection, and integrated accounting features.
It simplifies administrative tasks by merging personal and business banking into one platform.
AMP targets the 90% of Australian businesses that are self-employed or small.
The bank will operate exclusively through a mobile app, utilizing a SaaS platform from Starling.