August 15, 2019 @ 10:46 am By Samantha Hurst  |  

Fintech Unicorn and stealth bank Transferwise announced on Wednesday it is launching its debit Mastercard services in Australia and New Zealand.  Transferwise reported that its Platinum debit Mastercard has helped more than 250,000 in the UK, the U.S., and Europe avoid hidden bank fees when… Read More

August 13, 2019 @ 12:42 pm By JD Alois  |  

New Zealand appears to be the first country to officially approve paying employees in crypto. According to a Tax Bulletin published by the Commissioner of Inland Revenue, the New Zealand tax authority, crypto-assets may be used in remuneration as long as it adheres to certain… Read More

August 8, 2019 @ 12:17 am By JD Alois  |  

Online lender Prospa Group Limited (ASX: PGL) has established its first warehouse facility specifically to fund New Zealand small business loans. According to a note from Prospa, the 3-year facility has an initial capacity of NZ $45 million. Prospa currently provides access to capital in… Read More

June 5, 2019 @ 9:34 pm By JD Alois  |  

Auckland-based craft brewer, Behemoth Brewing Company, has launched an equity crowdfunding campaign on PledgeMe. Behemoth Brewing Company currently exports to 11 countries and is seeking growth capital. The company seeks to raise a combined total of $3.5 million through the equity offer with $2 million… Read More

May 29, 2019 @ 7:17 am By Cali Haan  |  

A court in the Southern District of New York has granted provisional relief to defunct New Zealand cryptocurrency exchange Cryptopia as it attempts to maintain access to customers’ trading balance data managed by an Arizona firm claiming the exchange owes it $2 million USD. Cryptopia… Read More

May 22, 2019 @ 10:35 pm By Cali Haan  |  

Adam Clark, a self-taught programmer who founded the now liquidating “decentralized” cryptocurrency exchange Cryptopia, already has a new exchange in the works, Decrypt Media has found. Clark’s LinkedIn profile lists him as “Platform Architect / Lead Developer at Assetylene.co,” a company in September of last year… Read More

May 18, 2019 @ 9:30 am By Cali Haan  |  

Liquidating New Zealand crypto exchange Cryptopia has announced that it has halted trading and frozen customer assets and balances, “In order to… get an accurate picture of the current situation.” Accordingly, no withdrawals of fiat or crypto will be permitted by the exchange until, “…an… Read More

May 16, 2019 @ 7:18 am By Cali Haan  |  

Cryptopia, a New Zealand-based cryptocurrency trading platform that, in February, watched helplessly for days as hackers drained an estimated $16 million USD in cryptocurrency tokens from exchange coffers, has gone into liquidation. According to business advisory firm Grant Thornton New Zealand, which is overseeing the liquidation:… Read More

March 27, 2019 @ 2:10 pm By Samantha Hurst  |  

Global payment technology provider Worldpay, Inc. (NYSE: WP; LSE: WPY) announced on Wednesday it is set to expand its services into Australasian later this year, thanks to two major investments. The first step is to open two sales offices in Australia and the second is the expansion of its… Read More

March 27, 2019 @ 3:20 am By JD Alois  |  

Online lender Spotcap has selected Simon Keast as Managing Director for Australia and New Zealand. According to a release, Keast joins the Fintech having held a number of senior roles across the banking and insurance industry, including Head of Small Business Designs and Solutions at… Read More

March 20, 2019 @ 3:29 pm By Cali Haan  |  

The man accused of killing 50 people at a New Zealand mosque and hospitalizing dozens more, including a 2-year-old child, claims in his lengthy “manifesto” that he made money from Bitconnect, a now-collapsed cryptocurrency Ponzi scheme that ripped off participants for billions of dollars. In… Read More

March 19, 2019 @ 10:06 pm By JD Alois  |  

Online lender Prospa has reported that loan originations have surpassed $1 billion. Prospa has now delivered the loans to over 19,000 Australian and New Zealand small businesses. The Fintech has also shared its top-level financial numbers. For the year ended 31 December, 2018 loan originations… Read More

March 5, 2019 @ 4:37 am By Erin Hobey  |  

Lyttelton, New Zealand based company, Collett’s Corner, has secured its NZ$300,000 minimum goal during its PledgeMe equity crowdfunding campaign.  At this writing, over NZ$355,700 has been raised by more than 190 investors for the community-minded property development. The campaign aims to raise NZ$2 million for 80%… Read More

February 13, 2019 @ 10:12 am By JD Alois  |  

Hacked cryptocurrency exchange Cryptopioa has been given a green light to re-open its platform, according to a report in The New Zealand Herald. Authorities of the local Police’s High Tech Crime Group are quoted on the permission. Detective Inspector Greg Murton stated: “We have finished the… Read More

February 13, 2019 @ 8:07 am By JD Alois  |  

GlobexUS Holdings, parent of Horizon Globex US, has inked an agreement with First Growth Funds Limited (ASX:FGF) to power regulatory compliant security tokens in both Australia and New Zealand. First Growth Funds trades on the Australian Stock Exchange and is a micro-cap with a market… Read More

February 9, 2019 @ 3:16 pm By Cali Haan  |  

Police in New Zealand have issued a press release stating their investigation of a prolonged hack on the Cryptopia cryptocurrency exchange, “is progressing well and advancing on several fronts.” But according to online publication Stuff, Auckland University associate professor of commercial law, Alex Sims, has contradicted those… Read More

January 30, 2019 @ 11:49 am By Cali Haan  |  

Researchers at blockchain forensics firm Elementus who extensively documented the days- long, $16 million USD hack against New Zealand-based crypto exchange Cryptopia two weeks ago now claim that the same hacker has struck again at Cryptopia. According to Elementus, “Though Cryptopia remains silent…” about the… Read More

January 22, 2019 @ 10:52 pm By Cali Haan  |  

Blockchain data analysis firm Elementus has published stunning claims regarding last week’s hack on the New Zealand Cryptopia cryptocurrency exchange. Little information regarding the scope or nature of the attack has so far been issued by Cryptopia itself or New Zealand police. Two days ago,… Read More

January 16, 2019 @ 2:50 pm By Cali Haan  |  

New Zealand cryptocurrency exchange Cryptopia went dark this week after “suffer(ing) a security breach which resulted in significant losses,” on Monday: The exchange is still offline this morning and all trading suspended pending “maintenance.” New Zealand Police issued a press release today regarding the hack stating… Read More

December 10, 2018 @ 2:45 pm By Samantha Hurst  |  

Xero (ASX: XRO), a global small business platform, announced last week it surpassed one million subscribers across Australia and New Zealand (ANZ). According to Xero, this milestone marks its platform as being the regional leader in the uptake of cloud accounting technology. Speaking about the… Read More