With Hatch, Kiwi investors have access to global markets at their fingertips.
Hatch is Kiwi Wealth’s investing platform that allows every Kiwi to be a world-class investor. With Hatch, you can access over 2,900 of the world’s best-known companies and over 500 exchange-traded funds.
A cross-functional start-up team of 9 identified an opportunity and innovated in partnership with a corporate, the best of both worlds! Hatch is the first-of-its-kind in New Zealand to allow investors to buy fractions of a full share, letting investors buy portions of companies they might not normally be able to afford (like Amazon at $2800/share).
This is the first time that Kiwis have had affordable access to shares in US-listed shares. We created Hatch because traditional investment platforms are difficult to use and expensive at $90/transaction. Kiwis have limited investment options, and investors have been cut off from global opportunities unless they were willing to commit significant time and money. Hatch uses technology to break down these barriers, a completely digital process, investors can be up and running with a Hatch account in a few minutes.
There are no minimums or hidden fees: to buy or sell a fraction of a share, it’s a flat $3.00 USD fee and to buy or sell whole shares, it’s $8.00 USD. To exchange NZD to USD, a 50 basis points fee is included in the exchange rate.
Who is Hatch for?
Hatch is for those investors who are interested in investing their money better. For those that want to diversify their investments and access the largest, most liquid sharemarkets in the world (the market cap of the NZX at $150 billion is a fraction of a single large cap tech share).
Investors are investing in what they know and back to grow. Be it accessing the largest companies in the world (Google, Microsoft, Amazon, Berkshire Hathaway, etc.) exchange-traded funds that align with their values (renewables, clean energy, diversity etc.), emerging industries (medicinal cannabis, AI etc), or newly listed IPOs (Uber, Pinterest, Beyond Meat, Slack).
We launched on September 27, 2018, and over $24 million has been invested through Hatch. As part of the Kiwi Group Family, Hatch is committed to helping Kiwis be better off and we’re proud that we’ve built something on our terms that Kiwis can invest on theirs.