CEO Mark Callander says Spark’s strategic shift to ‘connectivity’ will be a hard sell given three main players now have network equivalence.
The firm intends to build and launch about 20 independent businesses over five years.
The Dunedin-based origin company has just completed its Series C round, led by a London-based venture capital firm.
But a new threat has emerged from proposed FDA regulation.
An independent adviser’s report says funding round’s positives outweigh negatives.
The money helped pay for a plastic poo sculpture on Bondi Beach.
The Singaporean company appears to be withdrawing from Australasia in stages, but will keep its NZ mobile customers for now.
Plans to subsume a key consumer-facing body into the intelligence agency have been made quietly and in haste, the sector says.
More than 26,000 said to be on a waitlist to start using the financial app, which has come under fire for its company culture overseas.