A Kiwi platform which helps New Zealanders invest in cryptocurrencies is looking for investors of its own as it launches a $1m funding round in Wellington on Wednesday. Invsta, a product created by online financial services company Ilumony, is taking part in the Kiwibank FinTech Accelerator: the second Kiwibank-sponsored Lightning Lab business accelerator focused on FinTech companies.
Billionaire Peter Thiel's venture capital firm Founders Fund is backing a startup that aims to bring Wall Street electronic trading expertise to the bitcoin market, the Wall Street Journal reports. Tagomi Systems expects to be the bitcoin version of a broker-dealer, executing orders to buy or sell …
New Zealand is the least corrupt country in the world, but it needs to learn from larger fintech markets like Australia, Singapore and London and more rapidly adapt to technologies such as like blockchain and crypto-currencies, a Kiwi fintech expert says.
Platforms are ecosystems that deliver seamless and meaningful experiences for the digital generation. The economic and social activities facilitated by platforms offer the ultimate in convenience, and connect participants in two-sided markets. Take Apple for example: app developers on one side and app users on the other, both working together to generate value.