Video | Agriculture | Confidence | Economy | Energy | Employment | Finance | Media | Property | RBNZ | Science | SOEs | Tax | Technology | Telecoms | Tourism | Transport | Search

 

FinTech Company Expands, Celebrates Startup Success


New Zealand, Wellington, 25 October 2019 - Wellington Fintech company, Hnry, an online service that takes care of financial admin such as taxes, with the startup community, celebrated its investment success, expansion and office launch last night, announcing plans to hire a further 8 staff over the next 12 months.

The recent announcement of Hnry's oversubscribed capital raising is positive news for Hnry and New Zealand FinTech, but also for the Wellington Startup community and Creative HQ. Hnry have expanded their office space in Wellington as they look to further invest into technology, bring more value to customers, hire more staff and begin trials to expand into overseas markets.

James Fuller, CEO, says Hnry wanted to celebrate their success and exciting growth plans with existing staff, key investors and supporters such as Creative HQ.

“Completing the raise is a great testament to the hard work of the Hnry team, and provides us with a fantastic platform for the future growth of the company. We are forging ahead with our growth plans and aim to employ an additional 8 staff in Wellington this year,” says James Fuller, CEO.

Hnry came through the Kiwi FinTech Accelerator, a programme that Creative HQ runs under their Lightning Lab banner. Creative HQ specialises in helping startups, corporates and government agencies succeed.

“Wellington has a great startup culture with support programmes ((Lightning Lab, Creative HQ, Govt Innovation Labs, co-working spaces), a high level of creative talent, a good angel capital support system and great success story companies who still groom talent such as Xero, TradeMe, SilverStripe, PicPok and others.

Hnry are a company who truly took on the lessons we had to impart from Lightning Lab and applied them to build a successful, sustainable business, now serving thousands of customers. Watching their success since leaving Kiwi FinTech Accelerator has been a true pleasure,” says Brett Holland, GM Innovation, Creative HQ.”

The startup community in Wellington is well and truly alive. Creative HQ aims to help people ‘unleash their inner entrepreneur’ and wants to wants to help 25,000 people by 2025 with a range of new programmes, including Nano Degrees.

© Scoop Media

 
 
 
Business Headlines | Sci-Tech Headlines

 

Reserve Bank: Official Cash Rate Unchanged At 1 Percent

The Monetary Policy Committee has decided to keep the Official Cash Rate (OCR) at 1.0 percent. Employment remains around its maximum sustainable level while inflation remains below the 2 percent target mid-point but within our target range... More>>

ALSO:

Food Prices: Avocados At Lowest Price In Almost Three Years

Avocados are at their cheapest average price since February 2017, with tomato, lettuce, and cucumber prices also falling, Stats NZ said today. More>>

Auckland Port Move: Cabinet Ministers Deliberate On Report

Cabinet ministers now have a copy of a report urging the government to move the Auckland port up north, but say no final decisions have been made. More>>

ALSO:

Toxicology Tests Planned: Dead Rats Washed Up On Beaches

As many as 600 rats washed up on Westport's North Beach over the weekend to the horror of locals. DOC said they may have been killed by a recent 1080 poison drop 140km away and washed down the Buller River after heavy rain battered the coast. More>>

ALSO: