Qippay takes another step with Westpac deal

Qippay takes another step with Westpac deal
The fintech has raised $500,000 since May, looking for another $1 million by the end of April. (Image: Getty)
Ben Moore
Auckland startup Qippay has inked a bilateral agreement with Westpac Bank in the middle of a major capital raise.The agreement, similar to one the fintech forged with the Bank of New Zealand (BNZ) earlier this year, will allow Qippay to access the bank’s application programming interface (API) so that it can provide payment services that integrate seamlessly with bank accounts.Co-founder and chief executive Ashley Lake-Johns said that with the Westpac agreement signed, Quippay will be releasing a new product soon.The deal means that Qippa...

More Finance

One in 24 New Yorkers is a millionaire
Finance

One in 24 New Yorkers is a millionaire

Ranking of cities by wealth puts the Big Apple at the top. 

5:00am
Banking on the price of stability
Finance

Paul McBeth: Banking on the price of stability

Competition has a cost that some might not be willing to pay.

Paul McBeth 07 May 2024
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