10 December 2025

He Kākahu Whenua: A case study of Toha Network and East Coast Exchange

This Kaupapa Māori research report, He Kākahu Whenua: A case study of Toha Network and East Coast Exchange, explores the opportunities, challenges and barriers encountered by innovative Māori Fintech provider Toha Network, in a pre-licensing context.

The FMA intends to apply what we have learned from this case study towards addressing the opportunities, challenges and barriers encountered by Māori providers. 


Download the executive summary [630KB]

Download the full He Kākahu Whenua report [2.2MB]