NZ investors have an appetite for First Table despite rising uncertainty for restaurants

NZ investors have an appetite for First Table despite rising uncertainty for restaurants
The NZ Restaurant Association says many businesses are “still recovering” from pandemic losses. (Image: Margo's Queenstown)
Tamara Poi-Ngawhika
Kiwi startup First Table has proven a hot ticket for investors and hopes to warm restaurant seats around New Zealand. This is despite the chief executive of the Restaurant Association of NZ, Marisa Bidois, saying it "eats" into profits at a challenging time for the hospitality industry.First Table is a hospitality app that offers 50% discounts at restaurants for early bookings for two, three or four people.It recently closed its capital raise through Snowball Effect, meeting its minimum target of $1.5 million, securing nearly $2....

More Money

December interest rate cut uncertain: Fed governor
Finance

December interest rate cut uncertain: Fed governor

Lisa Cook says the timing of further reductions will depend on new data.

Investing 101: Know what you own
Opinion

Simon Robertson: Investing 101: Know what you own

You can make investing as simple or as hard as possible for yourself.

Simon Robertson 02 Nov 2024
First-home grant 'middle-class welfare and won't be missed'
Property

First-home grant 'middle-class welfare and won't be missed'

It helped middle-income earners who didn't need it, mortgage brokers say.

Maria Slade 23 May 2024
Money Answers: How do I prepare for job loss?
Opinion Free

Frances Cook: Money Answers: How do I prepare for job loss?

Our investments editor outlines ideas to keep the financial stress to a minimum.

Frances Cook 13 Apr 2024