Podcast: Bank to the future - Simon Beitz, CEO Alex (Ep 6)

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Chris Titley
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By Chris Titley
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21 July 2020, 4:49 PM

In episode 7 of the Bank to the future podcast series, I speak with Simon Beitz, CEO of Alex.

Alex was founded by Craig Fenwick and Simon Beitz – both formerly executives at a large Australian bank. Alex has been built around personal loans (ie a credit led offering) which is quite unique in the Australian market place.

They intend to add a number of features to their platform over time – using the credit led offering as a base for generating other products and services. Simon talked about their initial capital raise and the use of funds and their plans for the future.


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From July 1, 2020 Open Banking in Australia is now active. To document this change, as well as other current and future trends in banking and payments, Morgans Financial is launching the “Bank to the future”, podcast series. This podcast is designed to educate investors by profiling and introducing companies and individuals within the digital and traditional banking landscape, payments, lenders, Buy now pay later (BNPL) and many other partners within the domestic and global ecosystem. Click on the 'Podcast' tag in the menu to the right to listen to the most recent interviews. Please contact your nearest Morgans office for more information.

Disclaimer: The information contained in this report is provided to you by Morgans Financial Limited as general advice only, and is made without consideration of an individual's relevant personal circumstances. Morgans Financial Limited ABN 49 010 669 726, its related bodies corporate, directors and officers, employees, authorised representatives and agents (“Morgans”) do not accept any liability for any loss or damage arising from or in connection with any action taken or not taken on the basis of information contained in this report, or for any errors or omissions contained within. It is recommended that any persons who wish to act upon this report consult with their Morgans investment adviser before doing so.

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