New Zealand-founded global fintech FNZ Group had a rough 2024 where revenue didn’t grow fast enough to rein in the costs of its rapid expansion, with the accounts covered in more red ink.
The net loss widened to US$688.4 million in calendar 2024 from US$567.6 million a year earlier, even as gross revenue climbed 9.5% to US$1.63 billion, with assets under administration expanding 21% to US$...
