Originally published in interest.co.nz
Fintech startup Emerge wants to 'fix' banking in New Zealand, starting with SMEs before launching into consumer banking.
The founders behind pocket money app SquareOne have rebranded as Emerge, a fintech company with a focus on rectifying what they perceive as a “broken landscape” within the business accounts and expenses market.
Jovan Pavlicevic and Jamie Jermain are currently jumping from the land of pocket money to supporting small and medium-sized businesses (SMEs) through a new business costs management app, with the pair’s long term goal to become a challenger bank later down the track.
Fintechs are lining up to register as banks, after the Commerce Commission opened the door to new competition.
SquareOne has changed its name to Emerge and is expanding from teaching kids about money to offering services to SMEs.
Fintech startup Emerge wants to 'fix' banking in New Zealand, starting with SMEs before launching into consumer banking.