Tagged: new zealand

June 5, 2025 @ 7:38 pm By Omar Faridi  |  

In the face of persistent macroeconomic pressures, Australia and New Zealand’s private capital markets have demonstrated resilience, with venture capital (VC) and private equity (PE) sectors navigating a complex landscape of normalizing valuations and shifting investment dynamics. According to the 2025 Australia & New Zealand… Read More

May 31, 2025 @ 5:21 pm By Omar Faridi  |  

Xero, the global small business platform, released a report with New Zealand Institute of Economic Research (NZIER) projecting the productivity gains Kiwi small and medium size enterprises (SMEs) stand to gain through accelerated digitalization. Productivity is the biggest long-run “determinant of wages and living standards,… Read More

April 2, 2025 @ 6:51 pm By Omar Faridi  |  

Klarna, the AI-powered payments and commerce network, announced the relaunch of Laybuy in New Zealand. The launch combines a Kiwi brand with the expertise of BNPL Fintech Klarna. With over 93 million active users and 675,000 retailers across 26 markets, Klarna’s platform will aim to… Read More

March 17, 2025 @ 10:07 pm By Omar Faridi  |  

Adyen (AMS: ADYEN), the financial technology platform for global companies, announced its partnership with Reece, Australia and New Zealand’s plumbing and bathroom supplies business. The payment partnership sees Adyen process payments across Reece’s online and offline stores, “creating seamless customer experiences, ensuring safer transactions, and… Read More

February 27, 2025 @ 10:11 pm By Omar Faridi  |  

Global fintech Airwallex has launched in Aotearoa, marking a key milestone in its mission to provide businesses with innovative financial solutions. With a commitment to supporting New Zealand’s business ecosystem, Airwallex has appointed Lowry Gladwell as its Associate Director of New Zealand, “the company’s first… Read More

November 3, 2024 @ 4:15 pm By Michael Wong  |  

Australian crowdfunding platform Equitise has entered administration after failing to secure new funding necessary to sustain its operations, according to a filing lodged with the corporate regulator seen by The Australian Financial Review. It was reported earlier this year that Equitise had lost its license… Read More

October 22, 2024 @ 3:05 pm By Omar Faridi  |  

Projectworks has reportedly completed a Series A $5 million capital raise. This investment enables them to accelerate the growth of their team across New Zealand and the Silicon Valley to drive more value for Projectworks customers. Projectworks is professional services automation software that connects with… Read More

October 3, 2024 @ 7:57 pm By Omar Faridi  |  

Xero, the global small business platform, has reported a significant 81% increase in the cost of late payments to Kiwi small businesses, surging from about $456 million in 2021 to $827 million in 2023. This data is part of the Xero Small Business Insights program,… Read More

August 27, 2024 @ 10:13 pm By Omar Faridi  |  

Research by global small business platform Xero has uncovered payment convenience is key for Kiwi consumers, but key barriers such as expensive fees are turning off small businesses from embracing new digital methods. Xero’s latest report ‘I want to pay that way’, delves into the… Read More

August 23, 2024 @ 8:29 am By Omar Faridi  |  

Klarna, the AI-powered global payments network and shopping assistant, has acquired Laybuy’s assets in New Zealand, the birthplace of the payments provider, and plans to relaunch the service in the coming weeks. Laybuy, which ceased operations in June, is “set to make a reenergized return… Read More

July 19, 2024 @ 9:28 pm By Omar Faridi  |  

The Financial Action Task Force (FATF) has recently shared New Zealand’s progress in its efforts focused on “strengthening measures to tackle money laundering and terrorist financing.” FATF noted in a blog post that since the 2021 assessment of New Zealand’s measures to tackle money laundering… Read More

June 28, 2024 @ 9:39 pm By Omar Faridi  |  

Global payments and financial platform for modern businesses, Airwallex, has continued on its growth trajectory, delivering a 93 percent increase in year-on-year (YoY) revenue across Australia and New Zealand (ANZ). Airwallex also reports that it recorded strong global revenue growth, “up 84 percent YoY, while… Read More

June 19, 2024 @ 7:12 pm By Omar Faridi  |  

Corpay, Inc. (NYSE: CPAY), a global firm focused on corporate payments, is announcing the latest expansion of its Cross-Border business with the establishment of a new office in Auckland, New Zealand. This expansion reinforces the company’s strategic position in “the payment industry and strengthens its… Read More

April 30, 2024 @ 11:40 am By JD Alois  |  

Earlier this month, Equitise, a securities crowdfunding platform operating in New Zealand and Australia, received an “infringement notice” from the New Zealand Financial Markets Authority (FMA). According to the FMA, Equitise had failed to file its financial statements prior to the deadline, among other concerns about… Read More

April 17, 2024 @ 6:22 pm By Omar Faridi  |  

Nium, the global enabler of real-time, cross-border payments, announced that it is now registered as a Financial Services Provider in New Zealand. This pivotal step marks Nium’s entry into the dynamic financial landscape of New Zealand and reinforces its commitment “to delivering innovative financial solutions… Read More

April 12, 2024 @ 4:38 am By Omar Faridi  |  

Xero, the global small business platform, released a Xero Small Business Insights (XSBI) report which shows New Zealand small business labor productivity remains below pre-pandemic levels, putting additional pressure on small businesses. The report, Small business productivity: Trends, implications and strategies, is based on anonymized… Read More

December 8, 2023 @ 1:55 pm By Omar Faridi  |  

CaixaBank has executed its first project finance transaction in New Zealand through its involvement in the refinancing of the debt of the Ara Tūhono–Pūhoi–Warkworth motorway in New Zealand’s North Island. This has amounted to a total of 779 million New Zealand dollars (around 430 million… Read More

November 26, 2023 @ 12:40 pm By Omar Faridi  |  

Australia and New Zealand’s non-bank business lender ScotPac, and global financial services firm Ebury have announced a new partnership aimed “at making trading on a global scale faster and more accessible for all businesses.” The collaboration will provide clients of both businesses “with ready access… Read More

August 18, 2023 @ 11:22 am By Omar Faridi  |  

NCR Corporation (NYSE: NCR), an enterprise technology provider, today announced it has expanded its partnership with Kiwibank, the largest New Zealand-owned bank. NCR will run the bank’s ATM fleet “through its ATM as a Service solution, and Kiwibank’s 200+ ATMs will be incorporated into NCR’s… Read More

July 27, 2023 @ 8:09 am By Omar Faridi  |  

Global financial platform Airwallex has delivered “a 115 percent increase in revenue across Australia and New Zealand YoY.” The progress comes as Airwallex “delivers global revenue growth of 120 percent YoY and global transaction volume growth of 77 percent YoY.” The revenue and transaction volume… Read More