"Wedge consistently beats mainstream bank savings rates, with no bonus-rate hurdles, no minimum balance traps and a clean digital experience. Wedge gives everyday savers a genuine alternative at a time where every basis point matters."

"It's a PIE, so for a 39% tax bracket earner that 3.00% is worth about 2.16% net, the same headline as Westpac's Notice Saver, but without the 32-day wait, which makes it a much better fit for the second layer of an emergency-fund structure. The money is backed by cash and fixed-interest assets with a weighted-average AA credit rating, higher than the big NZ banks, and the return accrues daily so you watch the balance tick up."

"Wedge is a New Zealand-based fund manager which launched in May 2025, on a mission to 'save New Zealand's savings' from low returns."

"The 3% rate demolishes traditional bank offerings, and the PIE structure adds meaningful tax benefits for many savers. The daily transparency and compound returns create genuine engagement with your savings growth. This structure lets everyday savers access the wholesale money markets where returns are consistently higher than retail banking rates. It's built for modern saving: the app is well-designed, and account opening takes minutes - everything's digital, biometric-secured, and refreshingly straightforward."

"Wedge Founder Dave sat down with the Beat the Bank podcast to share some knowledge and insight."

"Six months after launch, New Zealand fintech Wedge has hit $100 million in managed funds and nearly 2,000 customers, offering savings rates far above traditional banks and aiming to save Kiwis billions."

"I'm surprised that no-one has tried to disrupt the savings market in NZ - there's lots of non-bank lenders but few alternative savings options like in other parts of the world. For example, US money market funds manage over US$7 trillion." - Dave McLeish, Wedge Founder.

"New Zealanders have been underserved when it comes to competitive savings rates, and we're here to change that, says Chief Customer Officer Andy McLeish. Our mission is to save New Zealand's savings."