Is Kiwi Wealth hatching a sale of Hatch?

Is Kiwi Wealth hatching a sale of Hatch?
Hatch Invest has more than 120,000 users who have traded more than a billion dollars through the platform. (Photo: Supplied))
Dan Brunskill
Fund manager Kiwi Wealth is considering a sale of its retail trading platform Hatch after being approached by a potential buyer, BusinessDesk understands.Multiple sources have confirmed a possible sale of the digital investment platform is being explored, although the identity of the interested buyer remains a mystery.The platform, which gives NZ investors access to the US share market, is a part of Kiwi Group Holdings, which is government-owned via NZ Post, the NZ Super Fund and ACC.It was co-founded by Jakub Chodounsky, Jarred Sewell, Natalie...

More Markets

NZ sharemaket up 0.1% despite 'volatile' markets
Markets Market Close

NZ sharemaket up 0.1% despite 'volatile' markets

The S&P/NZX 50 Index closed at 12,338.57, up 18.38 points or 0.15%.

Graham Skellern 03 Apr 2025
NZX-listed companies take stock in wake of US tariff moves
Economy

NZX-listed companies take stock in wake of US tariff moves

Wine makers, manufacturers and others mull what trade wars will bring.

Ian Llewellyn 03 Apr 2025
Analysts struggle to find upside from Trump tariffs
Economy

Analysts struggle to find upside from Trump tariffs

‘They've forgotten the lessons of the Great Depression,’ one analyst said.

Gregor Thompson 03 Apr 2025
S&P/ASX200 takes a tumble on Trump's Liberation Day, Asia to follow suit
Markets

S&P/ASX200 takes a tumble on Trump's Liberation Day, Asia to follow suit

The fall may be short lived now there is more certainty. 

Rebecca Howard 03 Apr 2025