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Bank of New Zealand Acquires BlinkPay to Boost Open Banking Solutions

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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.
  • 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.
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