Supie first sought help from PwC in April

Supie first sought help from PwC in April
Supie founder Sarah Balle. (Image: Supplied)
Riley Kennedy
Supie founder Sarah Balle first approached PwC for help more than six months before her online grocer startup went under this week.That was because the company had “exhausted” all funding options and was looking to start an insolvency process, according to the administrator’s report, which reveals less than 5% of its members were “active subscribers”.Creditors of Supie – which are owed roughly $3 million – are being called together next Thursday to decide on the business’s future.Founded by Balle...

More Finance

NZX edges lower as Infratil, profit-taking weigh
Finance Market close

NZX edges lower as Infratil, profit-taking weigh

S&P/NZX 50 Index slips with Infratil, Blackpearl and Heartland in focus.

Kids KiwiSaver mooted to invest in children's future
Finance

Kids KiwiSaver mooted to invest in children's future

Proposed savings programme could accumulate up to $18 billion in 18 years.

Asbestos scare sees RBNZ's Wellington staff home-bound
Finance

Asbestos scare sees RBNZ's Wellington staff home-bound

Earthquake exacerbates existing asbestos concerns at Reserve Bank office. 

Andy Macdonald 12 Nov 2025