Best of BusinessDesk: FNZ employee shareholders revolt over latest capital raise

FNZ Group chief executive Blythe Masters has been holding meetings on the catch-up raise. (Image: FNZ)

Mon, 12 Jan 2026

This story was originally published on March 14 2025.Hundreds of employee shareholders at fintech FNZ are fighting back, having discovered their holdings could be diluted heavily after a capital raise last year. One shareholder said the move was “grossly unfair”, especially as management was not ruling out further dilution. “Some of the shareholder valuations were in the millions – and it has just disappeared,” said another employee shareholder, whom BusinessDesk agreed not to name. “I’ve...

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