Microsoft and Lab3 are partnering with Volt to develop a BaaS offering - Business Insider

Volt's digital savvy combined with the power and scale of Microsoft's Azure platform could distinguish Volt from fellow Australian neobanks

And in Microsoft, the neobank has a partner with the power and scale to offer Volt 2.0 unlimited scaling potential, making its future prospects rosy. A notable caveat, however, is Volt's youth and current beta status: It has yet to fully battle test its product. The neobank's ability to design an appealing user experience that it can white-label for BaaS clients could be the determining factor in Volt 2.0's early success.

A successful BaaS play could grant Volt's bottom line a resilience that few neobanks enjoy. Profitability is almost universally

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