Givealittle's ownership switches to Perpetual Guardian from Spark Foundation

Givealittle's ownership switches to Perpetual Guardian from Spark Foundation
Jenny Ruth
Ownership of the Givealittle crowd-funding platform has shifted to Perpetual Guardian from the Spark Foundation on confidential terms.Andrew Barnes, founder of Complectus, which owns Perpetual Guardian, told BusinessDesk that price wasn't the issue in the ownership transfer."Givealittle is not a for-profit business and therefore really the price wasn't the issue. The big issue was around making sure Givealittle was going to the right home" and an owner that would invest in the platform, Barnes said.He has been looking at the ways in which peopl...

More Finance

Cost-benefit issues in spotlight amid RBNZ review
Finance

Cost-benefit issues in spotlight amid RBNZ review

The Reserve Bank of NZ had received 42 submissions to the review.

ANZ vows to fight CCCFA class action despite ASB settlement
Finance

ANZ vows to fight CCCFA class action despite ASB settlement

“ANZ NZ will continue to defend its case. Our position hasn’t changed.” 

Andy Macdonald 08 Oct 2025
ASB settles CCCFA class action for hefty $135.6m
Finance

ASB settles CCCFA class action for hefty $135.6m

 It ended a four-year class action centred on disclosure obligations.

Andy Macdonald 07 Oct 2025
ASB pays $135.6m to settle long-running CCCFA class action
Finance

ASB pays $135.6m to settle long-running CCCFA class action

High-street lender ASB has agreed to pay $135.6 million to settle a class action brought against it for alleged breaches of the Credit Contracts and Consumer Finance Act (CCCFA).The settlement – without admission of liability or wrongdoing – concluded four years of legal proceedi...

Staff reporters 07 Oct 2025