Hnry
Flat-fee 'never think about tax again' banking for NZ/AU sole traders.
Tax + banking for sole traders (NZ/AU).
- Who holds it
- A sponsor bank behind the brand — not the app you signed up with — Partner bank (ASB in NZ; Monoova/Cuscal in AU); registered tax agent, client accounts in own name.
- The ledger
- Split between a program manager and the sponsor bank — the modular setup that broke in Synapse.
- If it fails
- Any claim runs through the sponsor bank, and only works if the two ledgers reconcile.
Derived from Hnry’s regulation type and custody — a class of protection, not a guarantee. Limits and eligibility vary by scheme, balance and jurisdiction; confirm before you rely on it. What happens if a neobank shuts down →
The facts
| Category | traditional · freelancers & creators |
| HQ | Wellington, NZ |
| Founded | 2017 |
| Custody | Custodial |
| Regulation type | Partner-bank model |
| License detail | Partner bank (ASB in NZ; Monoova/Cuscal in AU); registered tax agent, client accounts in own name |
| Card | MC · Business debit |
| Stablecoins | No |
| KYC | Yes |
| Active regions | Oceania |
| Countries | New Zealand, Australia |
| Founders | James Fuller, Claire Fuller |
| Funding | ~A$70M raised |
Verified links: official site ↗ · privacy ↗ · @hnry_nz ↗
Common questions about Hnry
What is Hnry?
Hnry is a fiat neobank built for freelancers & creators, headquartered in Wellington, NZ and founded in 2017. Your money is held custodially, so Hnry or its partner bank holds the balance and you hold a claim on it. It operates on a partner-bank model (Partner bank (ASB in NZ; Monoova/Cuscal in AU); registered tax agent, client accounts in own name).
Does Hnry have a card, and where can you use it?
It issues a Mastercard business debit card. It is available in 2 countries, across Oceania.
Does Hnry require KYC?
Yes. Hnry requires identity verification (KYC) to open an account, as a partner-bank model.
Early investors
Head-to-head
Peers
Wise · Up · Judo Bank · Kit · Douugh · Parpera
Hnry appears in
Neobanks running on someone else’s banking license (81) · Neobanks available in Oceania (72) · Neobanks for freelancers and creators (15) · Neobanks that issue a Mastercard (150)
Figures compiled from public sources, for comparison only — not financial advice. "Up to" rates change constantly; always confirm with the issuer. Spotted an error? Suggest a fix.