Finance
-
What Happens to Your Crypto When You Die? The Inheritance Problem No One Talks About
- July 16, 2026
If you hold cryptocurrency directly and your private keys die with you, your assets can be lost forever. There is no bank to call, no "forgot password" option, and no next-of-kin to override. Crossgate Capital director Scott Lester says that when you buy crypto directly, ownership is proven by a private key, a long, secret string of characters. “Whoever holds the key controls the coins. That's the whole point of self-storage, and it's also the challenge. If you pass aw...
-
In an online world, go offline with crypto security
- June 30, 2026
For many people, the unease around cryptocurrency isn’t only about the technology itself but about what can go wrong when access, custody and confidence depend on systems they don’t fully control or understand. Scott Lester, Director of Crossgate Capital – a New Zealand-based specialist cryptocurrency investment company that has been investing in crypto assets since 2019 – says this is the problem institutional storage is built to solve, and it is one of the reasons Cross...
-
Digital Gold Meets Digital Engine: Bitcoin, Ethereum and Why We Hold Both
- June 11, 2026
Ask most people to name a cryptocurrency and they'll say Bitcoin. Ask them to name a second and many will say Ethereum. They are the two largest and best-known crypto assets in the world, and both form part of Crossgate Capital's portfolio. But while they are often mentioned in the same breath, they were built to do very different jobs and understanding that difference is one of the clearest ways to understand crypto itself. Bitcoin was the original cryptocurrency, designed t...
-
Digital Assets moving beyond the well-known names
- May 27, 2026
Crossgate Capital, a cryptocurrency investment company, says one of the key developments in digital assets is the growing relevance of projects beyond the most widely recognised names such as Bitcoin and Ethereum. While those two assets remain foundational to the portfolio, the company’s broader strategy also includes selected exposure to lesser-known digital assets that it considers offer strong use cases, real-world relevance and long-term growth potential across different part...
-
Beyond a Handful of Coins: Investing Across the Wider Digital Asset Ecosystem
- May 21, 2026
Crossgate Capital, a specialist cryptocurrency investment company, focuses on giving investors exposure to the broader digital asset market rather than limiting investment to only a small number of well-known coins. The company’s current investment strategy is anchored by foundational assets such as Bitcoin and Ethereum, while also investing across a wider selection of digital assets to gain exposure to sectors and categories where it sees long-term growth potential and real-world utili...
-
Taking the long view on digital assets
- May 6, 2026
Some New Zealand investors appear to be extending their time horizons in digital assets, with participation increasingly reflecting how underlying technologies and networks develop over time rather than how prices move week to week. Scott Lester, Director at Crossgate Capital, a New Zealand firm focused on digital asset portfolio management, says the firm's own approach has always sat at the medium-to-long-term end of that spectrum. "We don't try to trade short‑term price movements...
-
From single‑coin decisions to portfolio construction in digital assets
- April 30, 2026
For some investors, digital assets seem to be shifting from single coin decisions to portfolio construction, as they understand there are different categories and sectors within the ecosystem. Scott Lester, Director at Crossgate Capital, a New Zealand firm focused on investing in a digital asset portfolio, commented: "We consider how each asset plays a role within a broader system, when building our portfolio. "Digital assets operate across a range of use cases that extend beyond a sin...
-
Digital assets explained for everyday investors
- April 2, 2026
What are digital assets? Digital assets are becoming part of everyday life, yet many New Zealanders still associate the term with Bitcoin alone rather than a broader shift in how ownership and value work online. Scott Lester, Director at Crossgate Capital, says the concept is far wider than cryptocurrency. “Most people hear digital assets and think Bitcoin,” he says. “But digital assets include anything digital that can hold value, prove ownership, grant access or record rights i...
-
How Crossgate Capital is opening the door to crypto assets
- March 27, 2026
While cryptocurrency platforms have made it possible to buy digital assets for small amounts, some New Zealanders still find it difficult to access a professionally managed, diversified portfolio without navigating multiple exchanges and platforms themselves. Scott Lester, Director at Crossgate Capital, says that is the gap Crossgate Capital was designed to fill. "You can buy Bitcoin for $50 on an exchange, but building and managing a diversified portfolio across multiple digital assets i...
-
When crypto outlives its owner
- February 26, 2026
New Zealanders are building positions in digital assets, yet some have not fully considered what happens when those assets need to pass to the next generation, and that gap between ownership and succession is where risk can quietly emerge. Most people have heard stories about investors who misplaced their private keys and could not retrieve their cryptocurrency, and while that is troubling enough during someone’s lifetime, the consequences become far more serious when death is sudden and ...
-
Beyond a single coin: Crossgate Capital builds crypto portfolios by category and sector
- February 11, 2026
Crossgate Capital is providing New Zealanders with access to a diversified crypto portfolio that goes beyond a single asset such as Bitcoin. Instead of investing in one asset, the Auckland based company invests across multiple categories and sectors within the digital asset ecosystem, combining core holdings with selected themes. “Many traditional investors don’t just invest in one company, they invest across sectors. We do the same in crypto, building by category and sector to target ...
-
The popular misconception that crypto is just one thing
- February 5, 2026
Many retail investors in New Zealand still view “crypto” as a single investment, you either own Bitcoin, or you don’t. But that view oversimplifies a rapidly evolving market. As Crossgate Capital, a specialist crypto investment firm, notes: “Crypto behaves less like one asset and more like an ecosystem, where different parts move at different times, for different reasons,” says director Scott Lester. Seeing digital assets as an emerging technology layer reframes what it mea...
-
Why digital assets are more useful than you think
- January 30, 2026
Digital assets are gaining traction not just because of their price, but also because of what they actually do. Scott Lester, Director at Crossgate Capital, a New Zealand-based digital asset investment firm, says the conversation needs to shift. “Many people still think digital assets are all the same,” he says. “In reality, each one is built for a specific purpose. The question is not what the price is today, but what problem the asset is designed to solve.” That problem-solvi...
-
Beyond Bitcoin: How Crossgate Capital Is Helping Kiwis Access a Diversified Crypto Future
- January 13, 2026
Crossgate Capital is part of New Zealand’s maturing crypto investment landscape, offering investors a way to gain exposure to a diversified portfolio of digital assets. As institutional interest accelerates and the sector evolves beyond Bitcoin alone, the Auckland based company provides professionally managed exposure across multiple crypto sectors which could define the next phase of growth. A Kiwi gateway to digital assets Founded in 2019, Crossgate Capital was established to...
-
How to invest in digital assets without getting lost in the details
- December 16, 2025
Entry points to digital assets are becoming more structured and more familiar for New Zealanders who want to invest in this sector. The real change is that specialist firms are now doing the hard work in the background, so investors do not have to. Since 2019, Crossgate Capital has turned a complex market into a straightforward investment experience. Scott Lester, Director at Crossgate Capital, says many people are interested in digital assets but do not know where to start. “They hea...
-
Why diversity in digital assets matters
- December 9, 2025
As the world gets more digital it seems logical that digital assets will increase in relevance. We have seen this as digital assets have moved well beyond a single idea following what began as Bitcoin but which has now grown into a broad sector of multiple use cases. For investors, that breadth creates an opportunity because diversity in digital assets is not just a technical detail but a way to participate in a broader set of ideas, rather than relying on a single one. Scott Lester, Dir...
-
How to invest in digital assets without getting lost in the details
- December 4, 2025
Entry points to digital assets are becoming more structured and more familiar for New Zealanders who want to invest in this sector. The real change is that specialist firms are now doing the hard work in the background, so investors do not have to. Since 2019, Crossgate Capital has turned a complex market into a straightforward investment experience. Scott Lester, Director at Crossgate Capital, says many people are interested in digital assets but do not know where to start. ...
-
Why functionality in digital assets matters
- November 26, 2025
Digital assets initially emerged as a new means of transferring value across the internet. Since then the sector has expanded into different categories and sectors within a growing digital economy. For investors, the most useful question is no longer only “what is the price” but “what does this asset actually do?” Scott Lester, Director at Crossgate Capital, says the firm has built its approach around that idea. “The company considers functionality and utility, and in this re...
-
Why Crossgate Capital Considers Bitcoin is Just the Start
- October 29, 2025
Many New Zealand investors still see Bitcoin as the beginning and end of cryptocurrency investing, but while Bitcoin remains the world’s best-known digital asset, it could be suggested that this narrow focus limits opportunity in an increasingly diverse market. Crossgate Capital, a New Zealand company that provides access to a professionally managed portfolio of digital assets, says the market has evolved beyond the days when Bitcoin dominated all conversation. Ethereum and a growing rang...
-
Most Kiwis unsure how to tell one cryptocurrency from another
- October 10, 2025
Auckland, New Zealand: With thousands of cryptocurrencies now in circulation, some New Zealand investors still struggle to tell one from another, according to Crossgate Capital, a New Zealand company that provides access to a professionally managed portfolio of digital assets. “Some people buy crypto without really understanding what the project does,” says Scott Lester, Director at Crossgate Capital. “They invest in Bitcoin, Ethereum, or other digital assets simply because they have ...
-
Lack of technical knowledge still a barrier to crypto investment
- September 18, 2025
Despite rising interest in digital assets, a number of investors avoid crypto because they don’t understand it, highlighting a key barrier to broader adoption in New Zealand. Lack of technical knowledge still deters some investors While engagement is growing, a segment of potential investors remains on the sidelines because it is an area they may find technically complex and confusing. “For some, technical barriers may remain a factor in deterring investment,” says Scott...
-
Supply crunch intensifies despite unit growth
- September 9, 2025
AUCKLAND, New Zealand: Although the retirement village sector added 2,298 new units in 2023, recent data reveal that the pace of development remains insufficient to meet rapidly rising demand driven by demographic shifts. Executive Director of Senior Trust Retirement Village Income Generator (STIG), John Jackson, said the 2,298 new units, according to the JLL Research Retirement Villages Market Review, are higher than the 5-year average of 1,913 units and the 10-year average of 1,696 units....
-
Crossgate Capital’s Annual Shareholder Meeting (ASM) looks at the impact of institutional demand on the crypto sector
- August 22, 2025
AUCKLAND, New Zealand: Crossgate Capital Limited, New Zealand’s specialist cryptocurrency investment company, highlighted the maturing of the crypto industry, driven by regulatory approvals for Bitcoin and Ethereum exchange-traded funds (ETFs), growing institutional interest, and innovation in decentralised technologies. Chairman and Independent Director, Nigel Brereton, said the ASM reinforced Crossgate Capital’s long-term strategy of combining established digital assets such as Bitcoi...
-
Tech pressure builds on wealth management firms – survey
- May 30, 2025
New industry report from Chelmer and Suite2Go reveals growing demand for simplification, automation and client engagement in 2025 Australian wealth management firms are facing growing pressure to consolidate systems, streamline operations and deliver a consistent, client-centric experience, according to a new report released today by Chelmer Wealth Management Solutions and its Australian partners Suite2Go. The 2025 Wealth Management Technology Report captures insights from advisers...
-
Climate change an imminent and unfolding storm for NZ homeowners
- March 26, 2025
While the New Zealand Government may be dialling back on some of its commitments to climate change, the rise in extreme weather events will likely result in devastating financial disasters for many Kiwis who will find their homes and businesses uninsurable, unfinanceable and devalued. Meurig Chapman, CEO of Happy Prime, New Zealand’s specialist credit risk which consults to the corporate banking sector, says extreme weather events—now expected every three years instead of 50—could b...
-
Kiwis need to talk about our fear of risk and what it’s costing us
- February 27, 2025
New Zealand has a deeply ingrained aversion to risk—evident, for example, in the overwhelming majority of KiwiSaver accounts, which lean conservatively—which may be a significant factor limiting our economic growth, innovation, and competitiveness on the international stage. Meurig Chapman, CEO of Happy Prime, a leading specialist in credit risk within the corporate banking and financial services sectors, says that risk is an inherent part of life, but we don’t like it. "Everythi...
-
Is New Zealand's housing crisis is driving a surge in business ownership?
- December 18, 2024
Business sales inquiries are up more than 20 per cent on the same time last year—as reflected by the number of signed non-disclosure agreements—and one of the reasons may be that a growing number of young New Zealanders are turning to small business ownership as an alternative to homeownership. “Buying a business is becoming a more popular way to acquire wealth, particularly as we are witnessing with young Kiwis,” says Steven Matthews, New Zealand Development Manager for Link Broker...
-
Time for lenders to back Kiwi talent, not just property
- November 27, 2024
New Zealand’s lending culture, fixated on property-backed loans, is stalling the country’s potential to grow its SME sector by investing in ou greatest asset—our highly educated population. “New Zealand’s opportunity to boost productivity, GDP and wages is not in agriculture or tourism but in our talented, entrepreneurial population,” says Meurig Chapman, CEO of Happy Prime, a leading specialist in credit risk within the corporate banking and financial services sectors. “...
-
Government Considers Capping Debit and Credit Card Surcharges
- October 16, 2024
Small business owners may soon need to adjust how they handle debit and credit card transactions. The government has indicated it is considering imposing caps on the surcharges that consumers pay when using their cards. This initiative aims to alleviate financial pressures on households and bring New Zealand in line with recent changes in Australia, which plans to ban debit card surcharges altogether. What's Happening? Commerce and Consumer Affairs Minister Andrew Bayly announced that over...
-
Inflation Hits Lowest Level in 3.5 Years
- October 16, 2024
As small business owners, we often find ourselves navigating the unpredictable waves of the economy. Recently, there's been a significant shift that's worth our attention: inflation has slowed to its lowest level in three and a half years. This development could have meaningful implications for our businesses, from cost management to pricing strategies. A Welcome Slowdown in Rising Costs The consumer price index (CPI), a key measure of inflation, has risen by only 0.6% in the last quarter,...
-
Monopolised capital market hinders Kiwis’ access to finance
- October 1, 2024
Recent changes to the CCCFA, while welcome, are unlikely to significantly improve Kiwi access to finance because New Zealand’s capital market remains insular, with limited capital funding sources compared to other countries. Meurig Chapman, CEO of Happy Prime, a leading specialist in credit risk within the corporate banking and financial services sectors, says that while the amendments proposed by the Coalition Government are positive, they “don’t go far enough.” “The bigge...
-
More competition in NZ banking needs fewer banks, not more
- August 29, 2024
The Commerce Commission's call for a more competitive New Zealand banking sector is little more than lip service because it is almost impossible for banks to offer better deals or diversify their products in this country's highly regulated financial system—Kiwis need fewer traditional banks and greater exposure to innovative nano banks if they want a better deal. Meurig Chapman, CEO of Happy Prime, a leading specialist credit risk firm in New Zealand's corporate banking and financing se...
-
You don’t need a fat nest egg to retire says financial adviser and author
- April 23, 2024
Many Kiwis fear they may not have enough to retire because of the doom-and-gloom prophecies that have swept the finance sector for years, but this scenario couldn't be further from the truth. The author of New Zealand Retirement Planning Secrets, head of insurance and senior financial adviser at The Advice Hub, Victor Kolkur, says that while planning for retirement is essential, the amount of money you will need depends on the kind of lifestyle you want in retirement. You may want ...
-
High grocery prices put health and mental wellbeing at risk
- October 2, 2023
Statistics suggesting that grocery prices have increased 7 -20% over the last year do not reflect the reality, with many Kiwis reporting that their food bills have almost doubled—a scenario some predict will lead to deteriorating health conditions for New Zealanders. Financial coach Shula Newland, who works with struggling families across New Zealand, said that after she noted her grocery bill had doubled, and that many of her clients were in hardship, a poll of more than 200 Kiwis confirme...
-
Ethical Investment Week to address obstacles to investing in a sustainable future
- September 27, 2023
Investing ethically to build a sustainable future and legacy requires overcoming complexities and obstacles like greenwashing. As a result, many investors put it in the too-hard basket or choose funds that will not meet their needs. Ethical Investment Week from 1-7 October aims to encourage people to invest ethically by helping them understand how to navigate the complexities and overcome greenwashing. Sarah Wood, Co-Chair of the Co-op, said research from financial market regulators ...
-
Kiwis need education to avoid the residential investment bias
- August 24, 2023
More needs to be done to educate Kiwis about alternative investment options if the country is to succeed in shifting the focus of middle New Zealand from onerous debt-burdened residential property investment as the only path to financial security. Director of wholesale Commercial Property Investment firm Mates Invest, Ryan Impson, says that while politicians may promise to wind back property taxes and reinstate the ability to offset interest paid on home loans...
-
The case for zero-debt investing in New Zealand
- August 17, 2023
As global finance markets experience significant challenges, local wholesale commercial property investment firm Mates Invest has launched a timely approach to investing that maximises upside potential in the current investment cycle. By championing the concept of zero-debt investing, Mates Invest presents a blueprint for a sustainable, community-centred investment market in New Zealand. Director Ryan Impson says recent financial pressures underscore t...
-
Scammers luring Kiwis in with Google Adwords and social media
- July 20, 2023
Scammers are not just calling or emailing Kiwis 'out of the blue' anymore; they are waiting in ambush with highly sophisticated schemes using elaborate profiles on LinkedIn, Google AdWords and legitimate looking websites to trap New Zealanders. Author of the book 'She'll Be Right (Not!)—a cybersecurity guide for Kiwi business owners—expert consultant on 'You've Been Scammed' by Nigel Latta and Tech Tuesday with Daniel Watson on Radio New Zealand, SMB cybersecurity expert Watson warn...
-
Social stigmatism may be the reason many Kiwis fear property investment
- July 18, 2023
The social shaming of property investors by politicians is one reason ordinary Kiwis are nervous about investing. Prominent Wellington Property Coach Steve Goodey says two critical pillars of the New Zealand economy are farming and property investment--food and housing--and both are under attack by politicians such as the Greens. "Politicians and activists are using the power of envy to shape public opinion and to leverage votes, without thinking through the long-term consequences ...
-
New Zealand SMEs urged to prepare for tough times.
- April 4, 2023
As SMEs across New Zealand face pressure from various adverse conditions such as rising interest rates, labour shortages, and declining sales, it's now urgent for SMEs to take proactive steps to prepare for the coming storm. Vijay Nyayapati, an EOS facilitator who works with big and small clients across New Zealand, says some clients have noticed declining sales, some as high as an 80 per cent drop. "Interest rates are rising, and businesses that are not prepared will f...
-
Looking to get your university fees paid by your customer loyalty scheme?
- February 23, 2023
Fancy having your university fees covered by your customer loyalty scheme? University fees, divorce legal fees, shiny orthodontic braces and a new driveway are just some of the more unusual customer rewards Kiwis took home in 2022. Colin Samson, who is chief executive and Certified Loyalty Marketing Professional of Incentive Solutions—which provides data-driven initiatives for B2B loyalty, consumer loyalty and employee engagement to some of New Zealand’s biggest companies—said tha...
-
Mom ‘n pop investors moving to sell-up amid recession fear
- February 10, 2023
As interest rates rise and house prices start to come down, the market is seeing a rise in mom-and-pop property investors contemplating whether to sell their investment properties in the expectation that times may get tougher, said Ray White Mairangi Bay agent Drew Miller. New data from the CoreLogic House Price Index showed home prices might dip a further 15-20% in the second half of 2023. On top of that, while increases in the Reserve Bank’s official cash rate (OCR) are forecast...
-
Flood and recession help for businesses and households Recover from floods and prepare for recession
- February 9, 2023
The “R” word is being whispered more often, but while the direct impacts of a recession are largely out of a person’s control, the mindset, planning, and tools needed to weather the coming economic storm certainly aren’t. Recent floods and slips in Auckland and elsewhere, only exacerbates cost of living and post COVID issues for Kiwi businesses and families. Shula Newland, who is Founder of Full Balance Financial Coaching and social enterprise A...
-
New Zealand’s eCommerce sector failing the customer experience
- January 4, 2023
A New Zealand eCommerce expert is worried that the art of retail may be lost to the cookie cutter approach currently dominating local online shopping sites. Mark Presnell, managing director of eCommerce Integration Specialists Convergence—a company that integrates eCommerce sites with backend software and processes— believes New Zealand’s eCommerce retailers could be more successful if they stopped boring shoppers and instead rediscovered the art of both the ‘theme’ and the ‘sho...
-
Flood of Boomers selling up face big losses due to lax 1990s compliance
- September 6, 2022
With the bulk of Baby Boomers expected to sell up and retire between 2022-2037, the lax property compliance practices of the last 40 years are coming back to bite many who are at risk of losing all the value in their actual houses—buyers are only prepared to pay for the land—because they don't have Code of Compliance Certificates (CCC). Ray White Mairangi Bay licensed real estate agent Drew Miller warned he is seeing a rising number of boomers who—wanting to sell up because they want to...
-
How to Budgcast
- June 1, 2021
Being a Generation X person myself I can reflect on my habit-forming school years and see some of the big gaps in education, in particular financial management. I have to wonder if this is a major contributor to the generally ‘lacking’ of financial management in SME’s today. Or is the problem originating from a mindset that this is boring, distasteful ‘chore-like’ tasks? If so, I get it, I really do. In the corporate world, it is normal to have an annual budget, which is then ...
-
Is gentrification driving small traders out of the suburbs?
- May 6, 2021
Higher house prices contributing to the rapid gentrification of suburbs across New Zealand pose yet another challenge for small businesses owners, who may find the products and services that served them well a year ago no lo [caption id="attachment_10913" align="alignright" width="300"] Alister Siew[/caption] nger meet the changing neighbourhood's needs. BetterCo Business Advisors and Chartered Accounting firm director, Alister Siew, says his firm is working with some small businesses w...
-
Starting a business in New Zealand is easy, failing is even easier
- April 7, 2021
An Auckland chartered accounting firm is pouring cold water on political noises from both the Government and the opposition that encourages Covid-19 unemployed to go into business because, for most, it's likely to end in disaster for most. "Like many things, there's the romance of becoming your own boss, and then there's reality," says BetterCo Business Advisors and Chartered Accounting firm director Peter Prema, who has seen more than his fair share of broken dreams. "The World Bank says New...
-
Time for accounting firms to stop charging for outdated annual financials?
- March 25, 2021
In the current pandemic world where SMEs must make snap decisions and pivot fast, one accounting firm is upending the local financial services industry – which it describes as too stuck in old ways – by scrapping its fees for outdated annual financial reports. "There's no value in annual financials in a Covid-19 environment because, by the time the information is ready, it's almost useless. We cannot in good conscience justify charging fees for it," says Niran Iswar, director of BetterCo ...
-
Is FOMO Hurting your Advisory Business?
- January 16, 2021
Remember, when you were a kid, and you would gather with other kids for sport or play, and a couple of nominated children in the group would get to choose their teams? Do you recall the feeling of dread you had that you would get picked last or even not at all? That same insecurity may be hampering your business success. The dread or anxiety of being left out of the loop is today known by the nomenclature FOMO – fear of missing out – and affects everybody, regardless of temperament. Tax ad...
Sign Up
