Zero Hash expands further in APAC, registers as FSP in New Zealand

Rick Steves

“This registration not only allows us to power thriving New Zealand Fintechs, but also complements our footprint of licensing across the globe including the United States and Australia, that enables our global clients a one-stop solution to servicing their clients around the world.”

Zero Hash has registered its Australian subsidiary in New Zealand as a Financial Services Provider as part of its plans to further expand business in the APAC region, the digital asset specialist announced.

The Financial Services Providers Register (FSPR) is the New Zealand government’s searchable register of individuals, businesses and organizations that provide financial services in New Zealand.

Zero Hash offers turnkey crypto solution for neo-banks, broker-dealers, payment groups

Zero Hash is a B2B2C crypto-as-a-service infrastructure platform that allows any platform to embed digital assets natively into their own customer experience quickly and easily through a matter of API endpoints. Zero Hash’s turnkey solution handles the entire backend complexity and regulatory licensing required to offer crypto products.

The company powers neo-banks, broker-dealers, payment groups as well as non-financial brands to offer digital asset trading and custody, crypto-backed rewards and round-ups programs, and the ability to earn crypto through staking.

Backed by Point72 Ventures, Bain Capital Ventures, and NYCA, among other investors, Zero Hash’s offerings may not be available in all jurisdictions. The company operates in the United States (FinCEN-registered MSB and Money Transmitter), Canada (FINTRAC regulated), Australia (AUSTRAC as a Digital Currency Exchange Provider), and is now registered on the New Zealand register of financial service providers, with FSP number FSP1004503. This registration enables Zero Hash to provide crypto services in New Zealand.

A Financial Services Provider (FSP) in New Zealand is a registration and does not mean that Zero Hash Australia Pty Ltd. is licensed by a New Zealand regulator to provide crypto services.

Zero Hash Australia Pty Ltd.’s registration on the New Zealand register of financial service providers does not mean that Zero Hash Australia is subject to active regulation or oversight by a New Zealand regulator.

Edward Woodford, CEO and Founder of Zero Hash, said: “We are pleased to further expand our regulatory footprint in APAC. With our FSP registration, we are now able to offer our market leading, trusted crypto infrastructure to New Zealand companies looking to embed these services to their customers. This registration not only allows us to power thriving New Zealand Fintechs, but also complements our footprint of licensing across the globe including the United States and Australia, that enables our global clients a one-stop solution to servicing their clients around the world.”

“Having established roots in Australia in late 2022, Zero Hash has quickly expanded our regulatory and licensing footprint with the addition of our FSP registration in New Zealand. This is another significant milestone, as we aim to grow our presence across APAC, bringing our trusted infrastructure to the leading financial services companies throughout the region.”

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