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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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Countdown's Own wins April's Ad Impact award

  • News
  • May 23, 2019
  • StopPress Team
Countdown's Own wins April's Ad Impact award

With an April full of public holidays and potential long weekends, the month was a big and busy month for advertising. But Countdown's own-brand campaign surpassed the competition to be named the Colmar Brunton Ad Impact Award winner for April.

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Kiwi fashion label Maggie Marilyn launches new website

  • News
  • May 23, 2019
  • The Register team
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  • News
  • May 23, 2019
  • Courtney Devereux
Sharesies CEO Brooke Roberts talks what it takes to become a B Corp certified company

There’s a movement afoot globally to create more companies that balance purpose with profit and view business as a force for good. Called Certified B Corporations, companies that meet the highest standards of social and environmental performance, public transparency and legal accountability can become certified. As of April, Sharesies investment platform was the first financial company nationally to qualify for the B Corp certification, joining just 22 other New Zealand B Corp certified businesses. CEO Brooke Roberts talks us through the process, and the benefits for businesses in becoming certified.

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  • Ros Netto
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  • Radio New Zealand
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