Kiwi fintech Emerge raised NZ$12 million in a Series A led by Altered Capital to build New Zealand's first challenger bank.
Oct 15, 2024•10 months ago
Amount Raised
$12 Million
Round Type
series a
Investors
Hard YakaNz Fintech FundK1 W1Icehouse VenturesAltered Capital
Description
New Zealand fintech Emerge has successfully raised $12 million in a Series A funding round. The investment will be used for marketing, sales and product hires as the company ramps up its business-focused go-to-market strategy.
Funding Insights
Based on industry dataVC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers
Tech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech