Peita Piper - Avenue Bank

By Dexter Cousins on 18/03/2024

Meet Australia's newest bank CEO, Peita Piper of Avenue Bank.

Avenue Bank were recently granted a full ADI banking license and Dexter Cousins chats to Peita about their journey.

In this episode Peita shares the strategy of Avenue and their focus on a niche business banking product neglected by banks, the bank guarantee.

Avenue have digitised this paper process which takes up to 60 days to offer a bank guarantee in 24 hours!

We also talk about the challenges of dealing with regulators in the aftermath of failed digital banks Xinja and Volt, while also looking at the big successes like Judo.

Peita also shares her personal experience as we talk about the 'glass cliff'. Peita shares her own inspiring story of backing herself and taking on the CEO role at a very difficult time in the business.

I also get the chance to ask Peita about what I believe is the hardest part of being a scale up CEO, taking the reigns from founders whilst they remain in the business.

Finally I just want to say a MASSIVE well done to everyone involved in the Avenue journey. There is no tougher startup challenge than building a bank - it's the Everest of startup mountains to climb.

You can find out more about Avenue Bank and careers

Until the next episode, keep well!


Article written by Dexter Cousins
Founder of Tier One People and host of the Fintech Chatter Podcast.

Latest Episodes

Find your Favourite episode

"Dex does a great job at bringing FinTech founders and thought leaders onto the podcast while providing valuable insights into the industry. An informal atmosphere allows genuine chats."
Wagner Camarao
"My No1 go-to podcast to get access to an amazing roll call of Founders and Fintech leaders. Dexter does a great job getting his interviewees to share frank points of view and great insights."
Alt Bankin for all
"What I love about this show is the breadth of people and their experience that Dexter is able to tap into. Not so long ago people paid to hear for this kind of advice- now you can get it for free!"
Rob Hoxton
"The definitive Fintech podcast in Australia. Never short on insight and always current on on the challenges and thinking in the Fintech industry. Great subscribe for anyone interested in tech and entrepreneurialism."
Boscoe Tan