86 400 - About the company
86 400 is a series A company based in Sydney (Australia), founded in 2017 by Anthony Thomson. It operates as a Digital bank for individuals. 86 400 has raised $21M in funding from Morgan Stanley. The company has 1733 active competitors, including 174 funded and 105 that have exited. Its top competitors include companies like Nubank, Revolut and Monzo.
Company Details
86 400 is a digital bank for individuals. Aims to offer transaction & savings accounts and Visa debit cars linked to the account. Users can also link other bank accounts with the app and get insights. Offers an app-based platform that is available on iOS & Android devices.
- Website
- 86400.com.au
- Phone Number
- +61 **********
Key Metrics
Founded Year
2017
Location
Sydney, Australia
Stage
Series A
Total Funding
$21M in 1 round
Latest Funding Round
Investors
Ranked
180th among 1733 active competitors
Employee Count
913 as on May 31, 2026
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86 400's funding and investors
86 400 has raised a total funding of $21M over 1 round. Its latest funding round was a Series A round on Apr 08, 2020 for $*****. 2 investors participated in its latest round. 86 400 has 3 institutional investors.
Here is the list of recent funding rounds of 86 400:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Apr 08, 2020 | 8684010 | Series A | 1950076 | 4072321 | 6602255 | 6076708 |
View details of 86 400's funding rounds and investors
86 400's founders and board of directors
Founder? Claim ProfileThe founders of 86 400 is Anthony Thomson.
Here are the details of 86 400's key team members:
- Anthony Thomson: Former Co-Founder & Chairman of 86 400.
View details of 86 400's Founder profiles and Board Members
86 400's employee count trend
86 400 has 913 employees as of May 26. Here is 86 400's employee count trend over the years:
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86 400's Competitors and alternates
Top competitors of 86 400 include Nubank, Revolut and Monzo. Here is the list of Top 10 competitors of 86 400, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Provider of digital banking services, including credit cards and accounts | $2.27B | 89/100 | ||
2nd | Revolut 2015, London (United Kingdom), Series E | Provider of banking solutions for retail customers and businesses | $1.99B | 86/100 | |
3rd | Monzo 2015, United Kingdom, Series I | Provider of digital banking services including savings accounts and loans | $1.81B | 84/100 | |
4th | Starling Bank 2014, London (United Kingdom), Series D | Provider of digital banking services including savings and payment accounts | $1.06B | 82/100 | |
5th | Dave 2016, Los Angeles (United States), Public | Developer of a mobile banking application offering financial management tools | $63.6M | 81/100 | |
6th | Chime 2012, San Francisco (United States), Public | Digital bank for individuals | $3.15B | 80/100 | |
7th | Atom bank 2014, Blyth (United Kingdom), Series F | Provider of digital savings accounts mortgages and commercial business loans | $852M | 80/100 | |
8th | Green Dot 1999, Pasadena (United States), Acquired | Provider of mobile banking services, debit cards, and related financial products | $109M | 79/100 | |
9th | Provider of mobile banking services, including savings, investment, and crypto | $1.72B | 78/100 | ||
10th | Albert 2015, Los Angeles (United States), Series C | All-in-one money app for budgeting, saving, spending, and investing | $174M | 78/100 | |
180th | Digital bank for individuals | $21M | 47/100 |
Looking for more details on 86 400's competitors? Click here to see the top ones
86 400's Investments and acquisitions
86 400 has made no investments or acquisitions yet.
Reports related to 86 400
Here is the latest report on 86 400's sector:
News related to 86 400
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ACCC greenlights NAB’s 86 400 acquisitionRetailbankerinternational•Mar 30, 2021•National Australia Bank, 86 400
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Challenger bank integrates BioCatch behavioral biometrics to secure fast onboardingBiometricUpdate.com•Mar 09, 2021•86 400, BioCatch
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86 400 becomes second challenger to exit Australia with $169m NAB mergerFinTech Futures•Feb 01, 2021•86 400, National Australia Bank
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NAB to spend AU$220 million to take control of 86 400ZDNet•Jan 29, 2021•National Australia Bank, 86 400
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Brokerage Firm Mortgage Choice to Add Digital Bank 86 400 to its Residential Lending PanelCrowdfund Insider•Nov 02, 2020•Mortgagechoice, 86 400
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