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Hot Topic Budget 25
Hot Topic Budget 25
General Business
3 mins to read

Alternative to FNZ capital raise ‘potentially catastrophic’

Report in Canada’s Globe & Mail cites legal correspondence in NZ company’s tense dispute with employee shareholders.

FNZ's technology provides transaction and custody services to financial institutions involved in wealth management.

Tim Hunter Thu, 22 May 2025

Lawyers for wealth management software company FNZ have told employee shareholders the alternative to controversial capital raising was “potentially catastrophic”, says a Canadian media report.

Over the last 12 months the New Zealand-registered multinational has raised US$1.5 billion from

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Tim Hunter Thu, 22 May 2025
Contact the Writer: thunter@nbr.co.nz
News tip? Question? Typo? Let us know: editor@nbr.co.nz
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Alternative to FNZ capital raise ‘potentially catastrophic’
General Business,
109251
true