Global fintech player swoops on Hatch

General manager Kristen Lunman said the new owner would be able to provide the backing a high-growth startup requires. (Photo: Supplied)

Dan Brunskill

Mon, 04 Oct 2021

Global fintech company FNZ has bought retail investment platform Hatch and plans to invest money to quickly scale the business. FNZ was founded in 2004 in Wellington, but has grown to partner with banks, insurers and asset managers around the world to provide “multi-channel wealth management solutions”.The company said the acquisition gave it a “strategic opportunity to gain exposure to the direct-to-consumer segment” and supported a long-term of broadening its wealth management options in NZ.BusinessDesk reported...

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