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AAP
AAP
Business
Derek Rose

THE TRUTH ABOUT: Challenger reviewing status of neobank | History Defined

Challenger shares have slipped amid concerns over the digital bank it purchased in June 2021. (Dan Himbrechts/AAP PHOTOS) (AAP)

Challenger Limited says it is reviewing the loss-making digital bank it bought last year, with all options on the table.

The investment manager bought what was then known as MyLifeMyFinance from Catholic Super for $35 million, in a transaction completed in June 2021.

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