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Latitude Financial Services acquires buy-now pay-later Genoapay

  • News
  • December 6, 2018
  • The Register
Latitude Financial Services acquires buy-now pay-later Genoapay

Consumer finance business Latitude Financial Services has added Auckland-based fintech company Genoapay to its portfolio alongside Gem Visa and other products. Genoapay provides a no interest payment instalment service, allowing shoppers to pay off purchases totalling up to $1,000 over 10 weeks.

Genoapay has been in the market since August 2016. Its retail partners currently include independent retailers from around New Zealand such as Koru Florist and Home in Waihi, plus Visique.

Greg White, managing director NZ at Latitude, says:

“Consumers and merchants are looking for more options and flexibility on ways to pay at point of sale and adding a no interest instalment product like Genoapay to our stable of payment options, which range from credit cards to personal loans is an exciting move for both our businesses, and one that we know will be welcomed by partners and consumers alike.”

Genoapay chief executive Shaun Quincey will continue to lead the business, and says he’s looking forward to working with Latitude.

“Latitude Financial Services is one of the largest providers of sales finance, credit cards and personal loans in the New Zealand market, with significant and long-standing relationships with many of New Zealand’s leading retailers and we’re pleased to be able to bring our product and start-up mentality to the business. We believe this move will position us both well to grow the market.”

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Peek inside Freedom Furniture’s new Newmarket flagship

  • Design
  • December 14, 2018
  • Sarah Dunn
Peek inside Freedom Furniture’s new Newmarket flagship

Freedom Furniture has finished a $1 million-plus renovation of its 23-year-old flagship in Newmarket. The refurbished store opened at the start of this month.

Read more
 
 

Data dump: The final fortnight of Christmas shopping

  • News
  • December 13, 2018
  • Sarah Dunn
Data dump: The final fortnight of Christmas shopping

There’s a little under two weeks to go before presents are exchanged, and the reports are rolling in. Are Kiwis being generous Santas or following the Grinch’s example?

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An age of unsure: Managing brands in an uncertain world

  • Opinion
  • December 13, 2018
  • Ian Howard
An age of unsure: Managing brands in an uncertain world

What does a brand need to do to stay ahead in an age of such uncertainty? Little Giant managing director Ian Howard says they now have an unprecedented role to play in setting the ethical, moral and social bar for people.

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British company may take over Trade Me

  • News
  • December 13, 2018
  • Radio New Zealand
British company may take over Trade Me

The directors of the online trading and advertising site Trade Me are favouring being taken over by a British investment firm.

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