close
MENU
Hot Topic EARNINGS
Hot Topic EARNINGS
Tech & Innovation
2 mins to read

Westpac VC arm leads $1.4m investment in Akahu fintech

Startup has 50 customers already, but expects a wave of adoption as finance sector takes up open banking.

Akahu is the ‘enabler’ connecting banks with other service providers.

Westpac’s New Zealand venture capital fund Red Bird has made a second investment in fintech Akahu as the company prepares for the advent of open banking and the consumer data right.

Red Bird has invested $1.4 million alongside co-investors K1W1 and NZ7 Investments, but Akuhu founder and chief

Want to read more? It's easy.

Choose your best value subscription option

Student

Exclusive FREE 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

Smartphone Only Annual Subscription

NZ$249.00 / yearly

Monthly Premium Online Subscription

NZ$49.95 / monthly

Smartphone Only Subscription

NZ$29.95 / monthly

Premium Group Membership 10 Users

NZ$385+GST / monthly

$38.5 per user - Pay by monthly credit card debit

Premium Group Membership 20 Users

NZ$660+GST / monthly

$33 per user - Pay by monthly credit card debit

Premium Group Membership 50 Users

NZ$1375+GST / monthly

$27.5 per user - Pay by monthly credit card debit

Premium Group Membership 100 Users

NZ$2100+GST / monthly

$21 per user - Pay by monthly credit card debit

Yearly Premium Online Subscription + NBR Marketplace

NZ$499.00 / yearly

Already have an account? Login
Lachlan Colquhoun Fri, 13 Oct 2023
Contact the Writer: lachlan@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.
Westpac VC arm leads $1.4m investment in Akahu fintech
Tech & Innovation,
101241
true