Best of BusinessDesk: Reserve Bank of NZ data scotches Dosh claims of bank registration application

Dosh chief Shane Marsh faces scrutiny over a claim made in an ad. (Image: Supplied/Jacques Steenkamp)

Fri, 09 Jan 2026

This story was originally published on Nov 27, 2025.Banking fintech Dosh is walking back a claim made in late July 2024 that it had applied to become a registered bank, after official records revealed no such application. Several lawyers spoken to by BusinessDesk raised questions over advertisements like the one at the centre of Dosh’s claim, and the scrutiny that diligent regulators might bring to them. The Reserve Bank of New Zealand (RBNZ) data showed there were zero applications to become a registered bank in June, July, and...

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