Caddington Limited Applauds New Zealand's Fintech Sandbox, Industry Growth

NEW YORK - May 2, 2025 - PRLog -- Caddington Limited, a major supplier of digital financial solutions, supports the Financial Markets Authority's (FMA) prototype regulatory sandbox initiative in New Zealand. This project enables fintech businesses to test innovative products and services in a controlled environment, therefore encouraging financial sector innovation.

"The sandbox programme represents a significant step forward in creating a more competitive and innovative financial landscape in New Zealand," said said Eleanor Egan, Caddington's Chief Investment Officer. "It provides fintech companies with the opportunity to develop and refine their offerings, ultimately benefiting consumers with more choices and better services."

The pilot programme includes six firms, such as ECDD Holdings Limited, which plans to launch a yield-bearing NZD-backed stablecoin, and Emerge Group Limited, a digital banking alternative. These developments align with global trends in the fintech industry.

Internationally, companies like Revolut and Klarna are making significant strides. Revolut has applied to become a registered bank in New Zealand, aiming to offer interest-bearing savings products and a broader range of credit options . Klarna, meanwhile, has acquired the assets of New Zealand-based BNPL fintech Laybuy, with plans to relaunch the service, demonstrating a commitment to expanding its presence in the region . Revolut hits 50 million customer milestone globally on mission to build world's first truly global bank.

Caddington Limited is eager to contribute to a dynamic and inclusive financial ecosystem in New Zealand.

About Us

Caddington Limited is a fintech company focused on innovative financial solutions that empower consumers and businesses. Committed to transparency, security, and user-centric design, Caddington aims to redefine financial services in New Zealand and beyond. You may find more about Caddington Limited on our website, https://caddingtonlimited.com.

Caddington Limited
#38 Tai Hong Street, Aldrich Bay, Hong Kong
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Mr. Frederick Aymes
Marketing & PR Manager