Mark White-Robinson

The traditional kind of way that people want to solve under-saving things like that is to get people to change their behaviour, but our idea is to make saving as simple as it can be.

We want to take the behaviour you already got, spending, and turn it into saving.

We're just over 3,000 active users at the moment.

You're doing about $2.25 million of extra contributions a year at the moment.

So connect your bank account, we look at all the transactions you're doing.

You can round it up to nearest $1, $2, $5.

We calculate that and then initiate a payment from your account and put it in your or your loved one's Kiwi Savers.

So Fijoa, we're an app to help you save and invest more in a really, really frictionless way.

We don't want to put any roadblocks in saving and investing.

We want to take the behaviour you've already got, spending, and turn it into saving and investing.

So our idea is to make saving as simple as investing.

spending so first cab off the rank is going to be helping people round those transactions up so that your spend then becomes partly an investment as well yeah yeah so we've launched uh been about six months in the market with a roundups product so you connect your bank account we look at all the transactions you're doing you can round up to nearest dollar two dollars five dollars uh we calculate that and then

initiate a payment from your account and put it in your or your loved ones kiwi savers and that happens every day so every day you're getting somewhere from a few cents to a few dollars uh and straight into your kiwi saver and adds up to our average users doing about a thousand dollars a year two dollars sixty a day um extra into their kiwi server so yes ends up being quite powerful

So we're just over 3,000 active users at the moment.

So those are people who have signed up and actually transacting through the platform every day.

And they're doing about $2.25 million of extra contributions a year at the moment.

That's the run rate.

Yeah, we've got about 5,000 who have started the process of signing up.

Well, another 2,000, so 5,000 total who have started the process of signing up and onboarding at the moment.

Yep, yep, that's right.