BNZ acquires open banking fintech BlinkPay

Editorial

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Based in 2015, BlinkPay connects with the entire native banks to supply a collection of providers for open banking funds.

BNZ says it should apply its sources experience to assist the fintech develop and scale its innovation and product improvement.

With BNZ as BlinkPay’s new proprietor, co-founder Adrian Smith turns into the fintech’s CEO.

“As a Māori-led enterprise, we deliver a singular perspective to monetary innovation. BNZ understands and values this – and so they’re backing our imaginative and prescient whereas enabling us to retain our startup DNA,” Smith says.

“Our kaupapa has at all times been about making monetary providers work higher for all New Zealanders. BNZ’s help provides us the sources to speed up our mission and assist develop the open banking ecosystem throughout Aotearoa.”

BNZ presently counts 250,000 buyer as customers of its open banking platform.

CEO Dan Huggins, says: “This represents the subsequent part in our journey. With BNZ supporting BlinkPay’s innovation and agility, we are able to speed up the event of latest services and products that may profit all New Zealanders.”