UBank - About the company
UBank is a funded company based in North Sydney (Canada), founded in 2008. It operates as a Digital front-end of National Australian Bank.. The company has 8 active competitors, including 3 that have exited. Its top competitors include companies like Tangerine, EQ Bank and Motive Financial.
Company Details
Ubank is a rebranded digital front end of NAB with no physical branches. The products offered include: 1) Home loans for refinance and new purchase. 2) Transaction savings account. 3) Term deposits for personal customers and self managed super funds. Terms of 1,3,6,9,12 months. 4) Online savings accounts for personal customers and self managed super funds.
- Website
- www.ubank.com.au/
- Registered Address
- BOURKE STREET 500 3000 MELBOURNE
Key Metrics
Founded Year
2008
Location
North Sydney, Canada
Stage
Funding Raised
Investors
Ranked
3rd among 8 active competitors
Employee Count
926 as on Jul 31, 2026
Legal entities associated with UBank
UBank is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
NATIONAL AUSTRALIA BANK LIMITED CIN: 0883.591.311 , Belgium, Active | Sep 19, 2006 | - | 38864 (As on Dec 31, 2024) | - |
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UBank's funding and investors
UBank is a funded company. UBank has 1 institutional investor.
View details of UBank's funding rounds and investors
UBank's founders and board of directors
Founder? Claim ProfileUBank's employee count trend
UBank has 926 employees as of Jul 26. Here is UBank's employee count trend over the years:
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UBank's Competitors and alternates
Top competitors of UBank include Tangerine, EQ Bank and Motive Financial. Here is the list of Top 10 competitors of UBank, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | A direct bank that provides banking services through cafes | - | 59/100 | ||
2nd | Digital bank | - | - | 58/100 | |
3rd | Digital front-end of National Australian Bank. | - | 54/100 | ||
4th | Motive Financial 1984, Edmonton (Canada), Unfunded | Digital bank offering of Canadian Western Bank | - | - | 36/100 |
5th | Alternative savings platform for individuals | - | - | 33/100 | |
6th | Motus Bank 2018, Toronto (Canada), Unfunded | Digital bank for consumers | - | - | 29/100 |
7th | ![]() Tdinternetbanking Toronto (Canada), Unfunded | Online banking platform | - | - | 16/100 |
8th | Reinv Growth 2024, Charlottetown (Canada), Unfunded | Platform offering online banking solutions | - | - | 16/100 |
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UBank's Investments and acquisitions
UBank has made no investments or acquisitions yet.
Reports related to UBank
Here is the latest report on UBank's sector:
News related to UBank
Media has covered UBank for a total of 2 events in the last 1 year, 2 of them have been about company updates.
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Ubank Expands Passkeys to Online Banking, Marking Another Australian Banking FirstFintech Finance•Oct 30, 2025•UBank
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Ubank & Infinity Squared Campaign Aims To Bring Clarity to Financial ChaosFintech Finance•Aug 12, 2025•UBank
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Nicola Forrest poaches UBank chief executive Philippa Watson to helm new family office CoaxialThe West Australian•Mar 10, 2025•UBank
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NAB’s digital bank, Ubank embarks on 5-year passkey missionIdentity Week•Jan 03, 2025•National Australia Bank, UBank
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Australia’s Digital Bank Ubank Announces Interest Rate Update for Savings ProductsCrowdfund Insider•Jun 19, 2024•UBank
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U Bank enters into strategic partnership with IMARAT Group for Customized Banking ServicesEIN Presswire•May 09, 2024•UBank, IMARAT
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Ubank, Australia’s Digital Bank, Is Continuing to Serve Tech-Savvy DemographicCrowdfund Insider•Nov 28, 2023•UBank, Bank Australia
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Youth-focused Ubank taps into social media app TikTok to attract tech-savvy customersThe West Australian•Nov 21, 2023•UBank, TikTok
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