US EditionWedge Money launches to help Kiwis reclaim $1B in lost interest
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Wedge Money launches to help Kiwis reclaim $1B in lost interest
A new digital savings platform, Wedge Money, has officially launched. It comes with the ambition to return up to $1 billion in interest income annually to everyday New Zealanders. New Zealand has long struggled with one of the lowest household savings rates in the OECD. Recent research shows that 52% of New Zealanders would not have sufficient savings to cover two months without income. According to Wedge Money, the savings gap is being made wor…
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