close
MENU
General Business
2 mins to read

Moola goes into liquidation, holding company in receivership

High-cost payday lender Moola has run afoul of the regulator many times.

Before a law change in June 2020 which capped daily rates, Moola was charging annual interest as high as 620%.

Controversial payday lender Moola has gone into liquidation, after its parent company was placed into receivership.

Thomas Rodewald from Rodewald Consulting was appointed as receiver of NZ Fintech Group Holdings, following an application from its secured creditor, US-based Partners for Growth

Want to read more? It's easy.

Choose your best value subscription option

Student

Exclusive offer for uni students studying at a New Zealand university (valued at $499).
Individual
Group membership
NBR Marketplace

Yearly Premium Online Subscription

NZ$499.00 / yearly

Monthly Premium Online Subscription

NZ$44.95 / monthly

Smartphone Only Subscription

NZ$24.95 / monthly

Premium Group Membership 10 Users

NZ$350+GST / monthly

$35 per user - Pay by monthly credit card debit

Premium Group Membership 20 Users

NZ$600+GST / monthly

$30 per user - Pay by monthly credit card debit

Premium Group Membership 50 Users

NZ$1250+GST / monthly

$25 per user - Pay by monthly credit card debit

Premium Group Membership 100 Users

NZ$1875+GST / monthly

$18.75 per user - Pay by monthly credit card debit

Yearly Premium Online Subscription + NBR Marketplace

NZ$499.00 / yearly

Already have an account? Login
Nicholas Pointon Tue, 06 Dec 2022
Contact the Writer: nicholas@nbr.co.nz
News tip? Question? Typo? Let us know: editor@nbr.co.nz
© All content copyright NBR. Do not reproduce in any form without permission, even if you have a paid subscription.
Moola goes into liquidation, holding company in receivership
General Business,
96924
true