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Supreme Court rejects former Optimizer HQ director’s appeal bid

Auckland businessman Manas Kumar was in 2022 ordered to pay $850,000 in Smartpay dispute.

Manas Kumar.

Key points
  • What’s at stake: Whether the Supreme Court will hear an Auckland businessman’s appeal against owing $850,000 for more than 1100 missing Smartpay terminals.
  • Background: Optimizer HQ, which provided mobile credit card payments services and was founded by Manas Kumar, has been locked in a legal battle with Smartpay and BNZ, accusing them of conspiring in 2015 to cause harm to the business.
  • Main players: Manas Kumar, Optimizer HQ, Smartpay, Spark, BNZ, Supreme Court.

The director of a former NZX aspirant who was ordered to pay $850,000 in compensation to NZX-listed Eftpos equipment provider Smartpay, has failed in his bid to take his claim to the Supreme Court.

Optimizer HQ – which provided mobile credit card payments services and was founded by Auckland

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Key points
  • What’s at stake: Whether the Supreme Court will hear an Auckland businessman’s appeal against owing $850,000 for more than 1100 missing Smartpay terminals.
  • Background: Optimizer HQ, which provided mobile credit card payments services and was founded by Manas Kumar, has been locked in a legal battle with Smartpay and BNZ, accusing them of conspiring in 2015 to cause harm to the business.
  • Main players: Manas Kumar, Optimizer HQ, Smartpay, Spark, BNZ, Supreme Court.
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Supreme Court rejects former Optimizer HQ director’s appeal bid
Law,
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