BankingBusinessFinTech

Bank of New Zealand Acquires BlinkPay to Boost Open Banking Solutions

  • 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.
Previous article
FE Fundinfo Acquires Matterhorn to Enhance AIFMD Reporting Services
Next article
FTC Challenges Neobank Dave Over Deceptive Marketing and Hidden Fees
Laura M
Laura M
Laura is a financial reporter, editor, and researcher with a particular interest in fintech innovation, capital markets, and the evolving global banking landscape.

You May Also Like

FinTech

Visa Launches Validator Node on Tempo Blockchain, Strengthening Payments Infrastructure

New validator node aims to boost transaction efficiency for Visa services.Highlights: Visa launches a new validator node on...
FinTech

Amex Launches Agentic Commerce Development Kit to Strengthen Merchant Services

New toolkit aims to enhance payment solutions for businesses.Highlights: Amex unveils Agentic Commerce Development Kit for merchants.The toolkit...
FinTech

Hokodo B2B Buy Now Pay Later App Shuts Down

The closure impacts small businesses utilizing Hokodo’s service.Highlights: Hokodo, the B2B Buy Now Pay Later app, has ceased...
FinTech

Deutsche Börse Invests in Kraken, Strengthening Crypto Market Position

The investment aims to enhance Kraken's offerings and expand market access.Highlights: Deutsche Börse invests in Kraken to boost...