Xero’s coworking space attracts world class fintechs

Xero’s coworking space, Rewired, attracts world class fintechs

Revolut, GoCardless and Futrli have been named the first tenants, providing new and exciting services to Kiwi businesses

Auckland, 20 November, 2018 - Xero, the global small business platform, today announced the first tenants for Rewired - a coworking space in Te Ara Turoa, Xero’s Auckland office in Parnell. These include UK digital bank, Revolut, payment platform, GoCardless and business analysis company, Futrli - all of which are looking to launch into the New Zealand market.

Rewired is a community of tech businesses with big ambitions. Nestled inside Xero’s Auckland office in Parnell, Rewired has permanent, flexi and casual plans available to suit all needs. It can also be used as an event and meeting space, with a dedicated onsite community manager.

Nicole Buisson, Small Business Director at Xero says the goal is to drive innovation and create a community of the world’s brightest thinkers in fintech, SaaS and the small business economy.

“Xero started life as a Kiwi startup and has gone through some tremendous growth. Now we are entering our teenage years it’s exciting to be in a position to give back to NZ Inc. by bringing companies who are offering new and exciting services to small businesses, to our shores. Rewired is a home for small businesses with global ambition, as well as international tech focused startups who want to expand in New Zealand. I’m thrilled we are able to support and bring together people who are creating the future.”

“Having these three international fintechs on board is a true testament to the opportunities in New Zealand, as well as the potential of the Kiwi market. We are also excited to hear the enthusiasm each company has for supporting and encouraging other NZ fintechs in this space. There is a lot we can learn from the global stage.”

According to Will Manon-Heap, International Expansion Manager at Revolut, the fintech chose Rewired because they could see it becoming the flagship fintech space in New Zealand.

"Revolut is Europe's most successful fintech right now and it's important to us that when we enter new markets, we base ourselves right in the heart of that country's fintech ecosystem. We also work with Xero in multiple markets, so it's great to be associated with Xero in the place it all started - New Zealand."

Rachel Astall, Head of Global Small Business Partnerships at GoCardless says, “We’re delighted to be joining the Xero team and our app ecosystem partners Revolut and Futrli in this new shared workspace. Our global partnership with Xero has gone from strength to strength this year – sitting alongside each other here will help us to stay aligned in our mission to solve late payment problems for small businesses, in New Zealand and beyond.”

Kate Freeman, Global VP of Marketing at Futrli says the company is thrilled to be a part of Rewired.

"We are fortunate to have been working with Xero for a several years now and can see this is going to be the beginning of something great. The success of our latest funding round has enabled us to invest further into platform development and innovation, and commit to market expansion. We have just hired our first NZ employee who will be based in Rewired. It's hugely exciting to be expanding into the NZ market, and we look forward to doing it alongside Xero and the broader ecosystem community."

For your chance to win two hot desks for a year (flexi-memberships) fill in your details at the bottom of this page. Terms apply and offer closes 30 November 2018.

ENDS

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