Unconventional cap raise leaves unhappy trail from NZ to Poland

Unconventional cap raise leaves unhappy trail from NZ to Poland
Michael Moran claims his cryptocurrency savings app still has a future. (Image: YouTube)
Garth Bray
Investors who placed just over $1.1 million in a speculative fintech app founded in New Zealand are sceptical about plans to raise further capital by selling its intellectual property to an unnamed competitor.Early-stage investor Lucasz Przybysz, who doubts he will recover his US$15,000 (NZ$26,500) stake in Roundable, described the situation as: “An ongoing game of empty promises.”The Roundable app launched in NZ in 2023 and is still available for download from the Apple App Store and Google Play, but when BusinessDesk attempte...

More Finance

BNZ looks to economic uptick supporting its full year 2026 outturn
Finance

BNZ looks to economic uptick supporting its full year 2026 outturn

BNZ is the latest bank to cautiously spruik GDP growth in 2026.

Andy Macdonald 07 Nov 2025
BNZ profit dips as economic return proves sluggish
Finance

BNZ profit dips as economic return proves sluggish

Net-interest margin tiptoes higher but total operating income slips. 

Andy Macdonald 06 Nov 2025
NZ's financial stability risks higher than in recent years
Finance

NZ's financial stability risks higher than in recent years

The RBNZ says global uncertainty and underperformance are key factors.

Staff reporters 05 Nov 2025
Trade Me parent company appoints Owen Wilson as director
Finance

Trade Me parent company appoints Owen Wilson as director

Wilson was CE of $A30b Australian digital-property company Rea Group Ltd.

Staff reporters 04 Nov 2025