Moola liquidators trying to find buyer for loan book

Moola liquidators trying to find buyer for loan book
Moola offered short and long-term loans, some for the purchase of cars. (Image: NZME)
Riley Kennedy
A search is under way to find a buyer for Moola’s loan books to pay creditors, the lender's first liquidators report says.It comes as a new report had found “phenomenal growth” for non-bank financial services.Steven Khov and Kieran Jones were called in last week as liquidators for Moola’s 10 subsidiary companies.It followed Moola’s parent companies, NZ Fintech Group Limited, NZ Fintech Solutions Limited and NZ Fintech Group Holdings, being tipped into receivership under a general security agreement with Partner...

More Finance

Port of Auckland to pay $45m special dividend to council
Finance

Port of Auckland to pay $45m special dividend to council

The divestment proceeds will be used to top up the Auckland Future Fund.

Oliver Lewis 27 Jun 2025
$600m in tourist spend at risk from regulation: Mastercard
Finance

$600m in tourist spend at risk from regulation: Mastercard

When Europe cut interchange fees, foreign card decline rates soared.

Pattrick Smellie 27 Jun 2025
Michael Lorimer exits Grant Samuel amid more sector change
Finance

Michael Lorimer exits Grant Samuel amid more sector change

Lorimer has sold his 80% stake in the corporate advisory firm.

Duncan Bridgeman 26 Jun 2025