Pushpay Holdings has confirmed it is eligible for a $960,000 research and development grant from Callaghan Innovation that will help mobile payments app developer scale up the platform that allows US church congregations to easily make donations. “This funding provides additional resources to deliver scale and growth in the Pushpay platform through the development of new features, new markets, and scalable engineering processes and …

Milford Asset Management has dropped veteran portfolio manager Mark Warminger from the investment team for its funds under management, according to an amended prospectus issued the same day it agreed to a $1.5 million settlement with the Financial Markets Authority over market manipulation. The amended prospectus, for the firm’s fundraising arm, Milford Funds Ltd, has been changed to show director and …

Beef + Lamb New Zealand says it won’t proceed with a joint market development body because meat companies and exporters baulked at paying half of the $8 million cost. The decision by meat processors to continue funding their own marketing rather than putting up some $4 million for a joint effort with Beef + Lamb means the farmer owned industry organisation …