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...

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