FNZ announces $1.1b capital raise
New capital follows US$500m raise in April as fintech seeks to bolster credit rating and fund growth.
FNZ is battling a multibillion-dollar legal claim from employee shareholders.
Wealth management software company FNZ says its shareholders have committed further capital of US$650 million ($1.1 billion), adding to commitments of US$500m made in April.
The announcement comes as the New Zealand-registered multinational battles a multibillion-dollar claim from employee
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