Stake attracts A$40m to grow NZ market share

Stake teamed up with public relations firm Acumen to attract attention with this eye-catching media campaign earlier in the year.

Dan Brunskill

Tue, 18 May 2021

The battle for the hearts and wallets of trans-Tasman retail investors is heating up as Australian broker Stake has raised $43 million to fund a New Zealand-focused global expansion.Sharesies launched its trading platform in Australia last month, after establishing an office in Sydney and adding ASX-listed companies to its investment universe.The platform now offers NZ, the United States and Australian investments making them a one-stop-shop for investors looking to trade in those three markets. Kiwi Wealth’s Hatch only offers US sha...

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Markets

Another solar farm gets the nod from Genesis

Genesis Energy has approved the construction of the Edgecumbe Solar Farm in the Bay of Plenty, marking its second major solar commitment in as many months.The company made a final investment decision (FID) on the 136 megawatt peak (MWp) farm, clearing the way for work to begin sh...

Ian Llewellyn 9:40am

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