Australian fintech and payment plan provider Payright has launched into the New Zealand market, in its first international venture.
Fintech businesses are continuing to see growth in demand for alternative funding sources, with marketplace lending offering an alternate source of funding for investors and borrowers, and crowd-sourced funding also offering a different form of capital raising for new and smaller companies.
Billing, contract terms, marketing and switching practices in the New Zealand telecommunications industry head the list of priority areas for the country’s competition regulator The Commerce Commission’s focus over the next 12 months.
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