New Zealand is all in on fintech and the expansion of financial services. Being a tech-forward country, it recognizes the immense benefits consumers and businesses can gain as new financial tech emerges and fuses with traditional institutions. Below are some of Auckland’s top finance companies innovating in the sector.
Top Finance Companies in Auckland to Know
- Bank of New Zealand
- Square
- Harmoney
- Akahu
- ANZ
- Squirrel
Top Finance Companies in Auckland
Launched in 2017, Sharesies is an investing platform that simplifies wealth building. Through the site, users can learn financial principles or open accounts with auto-investing features that regularly pull money from a connected account to purchase exchange-traded funds, or ETFs. Sharesies also provides less volatile and single-stocking investing options.
ANZ is New Zealand’s largest bank, which dates back to the 1800s. It works with individuals, businesses and institutional investors by providing financial products and services. It also provides tools and educational resources for customers to learn about finances.
Dosh is a neo-banking platform that provides spending, saving and personal loan accounts. The company aims to make banking and financial services easier to understand while charging no account or transfer fees for accountholders. Meanwhile, its savings accounts aim to give customers higher interest rates than competing banks.
Xplor provides a SaaS-based payment and digital tech platform for SMBs. Through the platform, clients can process payments, create e-invoices and automate account reconciliation. And through its digital solutions, Xplor helps companies create loyalty programs and run marketing initiatives to attract and retain customers.
Harmoney’s platform offers personal loans throughout New Zealand and Australia. Through the site, customers apply for unsecured loans without having to step into a bank, and it offers competitive interest rates on its financial products.
Square provides fintech solutions that enable small businesses to operate and conduct commerce — both in person and online. Through its kiosk and handheld devices, businesses can access point-of-sale software and transaction processing. Additionally, they can use the platform to build websites, create an online ordering platform and process payroll, among other features.
Squirrel provides mortgages, investment and savings products in an entirely online process. Apart from its financial services, the company also provides a bevy of educational resources on topics like home buying and personal finance.
Easy Crypto is an Auckland-based exchange that supports Bitcoin and other digital currencies. Through the platform, users can trade various currencies and easily convert their holdings to cash through the company’s banking partners. Easy Crypto is also one of the few companies that facilitates asset swaps through one of its built-in features.
Bank of New Zealand, or BNZ, is one of the country’s largest banks and employs thousands of workers. Its services span the financial sector and provides personal, business and institutional banking services for clients. Its other products include home loans, credit cards, insurance, personal loans and investment platforms.