Business intelligence SaaS platform Opal3 has been bootstrapped by Praxxis Group founder and leadership consultant, Bernie Frey.
The firm intends to build and launch about 20 independent businesses over five years.
The Dunedin-based origin company has just completed its Series C round, led by a London-based venture capital firm.
But a new threat has emerged from proposed FDA regulation.
An independent adviser’s report says funding round’s positives outweigh negatives.
The money helped pay for a plastic poo sculpture on Bondi Beach.
The Singaporean company appears to be withdrawing from Australasia in stages, but will keep its NZ mobile customers for now.
Plans to subsume a key consumer-facing body into the intelligence agency have been made quietly and in haste, the sector says.
More than 26,000 said to be on a waitlist to start using the financial app, which has come under fire for its company culture overseas.