Bird Ventures News Today

Banks' moves to introduce confirmation of payee service awaited as fintech Akahu moves ahead

A review of things you need to know before you sign off on Friday; Reverse mortgage rate almost touches 10%, PMI weaker, retail sales fall, SkyTV mulls takeover offer, swaps up, NZD down, & more

Scoop Community provides New Zealand Community news and views

Red Bird Ventures, the corporate venture capital fund of Westpac NZ, has led a $1.4m investment round into Kiwi fintech Akahu, alongside co-investors K1W1 and NZ7 Investments. As well as the investment, the partnership will provide the bank with valuable insight ...

Westpac NZ's venture capital arm has invested $900,000 into financial services firm Akahu.

Business Scoop provides news and views on Business and Markets from New Zealand

Highlights New Fintech companies are coming up in NZ, making a significant impact on NZ’s start-up ecosystem. The Fintech sector got an...

The company plans to use the funds to build out its clinical lab in Boston and expand in the U.S.

Business Scoop provides news and views on Business and Markets from New Zealand

Share This morning Cohort, a care management platform centered around at-risk populations, scored $11 million in Series B funding. F-Prime Capital led the round, with participation from Town Hall Ventures.  The company built an AI-enabled platform that works with health systems and providers with the aim of "closing the gap" in care. Historically, Cohort has worked with value-based care providers. "EHR complexity in terms of data is only growing, and a physicians time is only becoming m...