Fintech startup IndigiShare out to shake up Māori business finance

Fintech startup IndigiShare out to shake up Māori business finance
IndigiShare managing director Maria Ngawati at Wellington's Fintech Fest. (Image: Creative HQ)
Greg Hurrell
In 2020, the business disruption from the covid pandemic seeded an idea in a Rotorua community reeling from shuttered businesses and absent tourists.Today, Māori-led fintech startup IndigiShare plans to launch two financial products that aim to recycle money into local businesses and organisations, rather than sending it offshore.The Rotorua-based company has launched a pilot scheme for microloans and is fundraising to pilot a way to bypass bank merchant fees for retail transactions. The Financial Markets Authority (FMA) views IndigiS...

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