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

December interest rate cut uncertain: Fed governor
Finance

December interest rate cut uncertain: Fed governor

Lisa Cook says the timing of further reductions will depend on new data.

Bayly to banks: ‘Just get on with it’
Finance

Bayly to banks: ‘Just get on with it’

Minister Andrew Bayly is impatient for the changes needed to improve competition.

Ben Moore 20 Nov 2024
‘Regulatory failure’ let NZ’s payments fall behind
Finance

‘Regulatory failure’ let NZ’s payments fall behind

NZ was the All Blacks of payments, but now barely makes regionals as regulation lagged.

Ben Moore 19 Nov 2024