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

Wisdom from Milford’s ‘oldest’ fund manager
Finance

Wisdom from Milford’s ‘oldest’ fund manager

Stephen Johnston has been watching markets since 1997.

Gregor Thompson 09 Jan 2025
RBNZ issues first non-bank deposit-taker licence in nearly a decade
Finance

RBNZ issues first non-bank deposit-taker licence in nearly a decade

The Reserve Bank of New Zealand has issued a non-bank deposit taker licence to newly formed finance company Welcome.The last time the central bank issued a license was in 2017 to Christian Savings, which was previously licensed as Christian Savings Incorporated, according to the...

Staff reporters 08 Jan 2025
How tax rules discourage wealthy investor migrants
Finance

How tax rules discourage wealthy investor migrants

Covid refugees facing a four-year time limit on tax status are forcing the issue.

Pattrick Smellie 06 Jan 2025
M&A outlook: get set for big ticket IPOs
Finance

M&A outlook: get set for big ticket IPOs

Experts are picking a surge in mergers and acquisitions activity for 2025.