Jarden to build online investing platform
Sharebroker Jarden and Co is merging its direct business with Hatch.
Monday, August 1st 2022, 2:13PM
The company says it is partnering with FNZ to develop one of New Zealand’s leading platforms for DIY investors.
This partnership will bring together Jarden Direct and direct retail investment service Hatch.
"It will combine the best of both worlds, connecting the global scale and cutting-edge technology of FNZ with Jarden’s capital markets experience and insight, the company says in a note to clients.
FNZ recently acquired Hatch from KiwiWealth, and FNZ was originally established by Jarden when with was known as First New Zealand Capital (FNZC)
The new platform will incorporate Jarden Direct’s current offering to invest in shares and bonds within New Zealand, Australia, UK and US share markets alongside multi-currency wallets and unlisted securities. It will also leverage the breadth of FNZ.
"Our team will join forces with Hatch, an entrepreneurial direct-to-consumer digital investment platform. Hatch was founded in 2018 and has grown to serve hundreds of thousands of customers in accessing US share markets."
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