FNZ's investment in Hatch and Pāua takes it direct to consumers

FNZ's investment in Hatch and Pāua takes it direct to consumers
FNZ bought Hatch for about $40 million in October last year. (Photo: Dan Brunskill)
Dan Brunskill
Financial technology company FNZ has built a multibillion-dollar empire selling services to other business customers.However, its two most recent investments in New Zealand suggest the company could be interested in expanding into more consumer-oriented products.In NZ last year, FNZ bought retail investment platform Hatch and in October took a minority stake in local financial advice firm Pāua Wealth Management.These investments differ from others it has made, in that both supply services directly to retail customers, outside the financial serv...

More Finance

What now for governor appointment as RBNZ chair resigns
Finance

What now for governor appointment as RBNZ chair resigns

The Reserve Bank has been without a permanent governor appointment for months. 

Dileepa Fonseka 29 Aug 2025
BNZ unfazed by surcharge ban amid Payap push
Finance

BNZ unfazed by surcharge ban amid Payap push

BNZ says its 'Swerve the surcharge' ads were planned ahead of the ban.

Gregor Thompson 26 Aug 2025
ComCom taking Westpac to court over CCCFA breach
Finance

ComCom taking Westpac to court over CCCFA breach

More than 14,000 Westpac customers affected by CCCFA breach, ComCom said.

Garth Bray 25 Aug 2025