NZ startup wants to make paying with crypto easy

NZ startup wants to make paying with crypto easy
CEO Jerome Faury wants Immersve to become the go-to payments provider for the metaverse. (Image: Immersve)
Ben Moore
It’s been a rough few years for cryptocurrencies, punctuated most recently by the collapse of the US banks that were most likely to support blockchain-based startups.Except, depending on who you ask, the collapse of Silicon Valley Bank is actually a demonstration of the value of crypto.Jerome Faury, co-founder and chief executive of New Zealand startup Immersve, said any concern around the collapse is more related to the financial stability of traditional finance and banking.“This event has shown the strength and stability of digita...

More Finance

Cautious lending keeps lid on default rates – Reserve Bank
Finance

Cautious lending keeps lid on default rates – Reserve Bank

Non-performing mortgages have overtaken Covid levels.

Jem Traylen 01 May 2024
'Confirmation of payee' anti-scam measure inches closer
Finance

'Confirmation of payee' anti-scam measure inches closer

Banks are getting closer to implementing anti-scam “confirmation of payee” measures.

Dileepa Fonseka 30 Apr 2024
UBS NZ returns to profit
Finance

UBS NZ returns to profit

Operating income was up 51.8%, rising from $31.9m in 2022 to $48.5m in 2023.

Murray Jones 30 Apr 2024
Matt Whineray to chair new FirstCape Group fund manager and adviser
Finance

Matt Whineray to chair new FirstCape Group fund manager and adviser

The new entity aims to scale up advice and fund management services in NZ.

Staff reporters 23 Apr 2024