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

Softer market ignores Budget
Markets Market Close

Softer market ignores Budget

Post-Budget, all eyes are on the Reserve Bank's OCR announcement next Wednesday.

Jamie Gray 23 May 2025
Restaurant Brands ‘does not seem to care’: Shareholder
Retail

Restaurant Brands ‘does not seem to care’: Shareholder

At the fiery annual meeting, a shareholder called the Californian market a ‘sinkhole’.

Gregor Thompson 23 May 2025
Channel increases dividend, mulls ASX listing
Infrastructure

Channel increases dividend, mulls ASX listing

Dividend up from 11c to between 12c and 12.5c. 

Ian Llewellyn 23 May 2025
Which small cap is off to Aussie? Plus results, and more
Markets The Small Cap Wrap

Which small cap is off to Aussie? Plus results, and more

PaySauce, Blis, Aroa, Foley Wines, John McMahon, and more.