Nico Jones

If you're not getting that KiwiSaver contribution from the government, you are missing a 25% return that you are leaving on the table.

Now for some quick did you know,

You know, some of you would never even heard of this before, right?

But some of you may have heard me talking about it on Instagram, but the team at Fejo have already done over half a million dollars of roundups.

So, you know, you think, oh, 50 cents, I can get coffee, whatever.

This is how money works, right?

Things snowball and you get thousands of customers and things start to add up pretty quick.

So they are at just over $500,000 of roundups already.

So that's $500,000 more sitting in KiwiSaver balances, compounding over time than what would have been in there if they didn't build this technology.

And they're getting started.

They are warming up.

2,600 active users.

and over 155,000 roundup transactions made so far.

This is built on top of open banking, which we often hear about.

And it's going to be fascinating to see how quickly this grows, where they can take it, what they build out, how they innovate, and how people use the technology, and then what the customers demand of the business to do to innovate as well.

Because just like anything, you know, once you do something and get it working, people think, oh, maybe I could have a crack at that, maybe.

So, you know, I'm sure they'll face some competition at some stage as well.

But anyway, let's go on the bloody journey.

Let's see what the team at Fijoa can build out.

Stay tuned.