What the new open banking regime means for consumers and fintech players

Akahu co-founder Josh Daniell. (Image: Jacques Steenkamp/Supplied)

Thu, 13 Nov 2025

After years of anticipation and frustration over slow progress, New Zealand’s open banking era is about to become a reality. On Dec 1, official regulations come into effect, bringing sweeping change to how Kiwis access and control their financial data. Akahu co-founder Josh Daniell, whose platform already integrates with more than 85 products that draw on consumers’ bank data thanks to voluntary agreements in place, joined the Business of Tech podcast to unpack what the new regime will mean for consumers, fintechs, and the bank...

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