- Bank of New Zealand (BNZ) has acquired Auckland-based open banking fintech BlinkPay to expand its leadership in New Zealand’s open banking sector.
- Founded in 2015, BlinkPay provides payment and billing solutions aligned with New Zealand’s Consumer Data Right initiative.
- Under BNZ, BlinkPay will continue to operate with its startup culture, now supported by BNZ’s resources to accelerate innovation.
- This acquisition enhances BNZ’s open banking offerings, which already serve over 250,000 customers in New Zealand.
