Why Hatch Is Like Uber To Kiwi Investors
Advertorial by Hatch
21 October 2021
Hatch to Kiwi investors is like Uber to routine cab-catchers: easy, innovative and much more affordable than what’s currently available.
The online trading platform has already won over quite a fan base with its VIP Facebook community, Hatch Investors Club, where investors brainstorm, share experiences, and learn about all things investing.
Hatch started in September 2018, offering Kiwi investors access to over 3000 US-listed investment options, including over 500 exchange-traded funds (ETFs).
Since it launched, over $7 million has been invested through the digital trading platform, which is 100 per cent owned by Kiwi Wealth, the sister company to Kiwibank.
The Facebook platform connects investors with Hatch’s creators, so they become part of the process, giving feedback and asking questions. Everyone’s working together to make it better.
As the investor club grows, the Hatch investing experience becomes more intuitive, engaging and user-friendly.
Recently one club member asked if investors could do DRIP investing (Dividend Reinvestment Plan) with Hatch. Within a day, Hatch General Manager Kristen Lunman had replied, and a potential new feature was already being discussed by members.
There are now over 430 members helping each other in Hatch world. It’s a diverse group from all over the country, from students and sportspeople to engineers and professional investors. They share tried and tested knowledge and fresh, analytical thinking.
How does Hatch work?
Investors can be up and running with a Hatch account in under five minutes, just have your ID handy. You can then shop from the thousands of companies including Apple, Tesla, and Google and ETFs from some of the world’s best-known asset managers, BlackRock and Vanguard. Once you’ve made your first deposit, you’ll get an invitation to the Hatch Investors Club.
Hatch is the first of its kind to bring fractional investing to NZ, allowing Kiwis to buy portions of shares in companies they might not usually be able to afford, like Amazon at roughly NZ$2,400 a share. Portions of shares cost US$3, and whole shares are a minimum US$8.
Hatch aims to inspire New Zealanders to get excited about investing their money and learn how to make it work for them. Lunman says this is just the beginning. “We’re working with best-in-class industry partners to offer more investment opportunities to make all New Zealanders better off.”
Intrigued? Join the revolution. It starts with you at www.hatchinvest.nz
This article does not contain any financial advice and has not taken into account any particular person’s circumstances. Before relying on it, we recommend you speak with a financial adviser. This story reflects the views of the contributor only. Content comes from sources that we consider are accurate, but we do not guarantee that the content is accurate.
First published 13 February 2019
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