Huljich loans Pushpay $4 million to fund US growth plans

Sun, 15 Mar 2015

By Suze Metherell March 16 (BusinessDesk) - Pushpay Holdings, the NZAX-listed mobile payment app developer, has secured a $4 million funding line from cornerstone shareholder the Huljich family as it chases earnings growth in the US. Christopher & Banks Private Equity V, an investment vehicle for the Huljich family, have loaned the Auckland and Redmond-based company the cash on "arm's length commercial terms" until June next year, Pushpay said in a statement. The standby funding will be used to fund its US growth plans, where it's target...

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