TIN200 2026: New Zealand’s tech exports hit a new high – but why are the industry’s official stats so much lower?

Auckland-based Windcave, which first broke into the TIN200 top 10 two years ago, was the second-biggest player in fintech with its $503m revenue (the largest, once again, was Xero, with $2.75b). The maker of payment terminals and provider of payment services, which employs around 400 staff and manufactures locally, has recently been on a big push into the US. Shanahan says it’s typical of the ambition of Windcave’s founder and sole owner, Andy Cullen, that “if you go to the US, you’d think as a small guy you’d go to some of the Midwest states. He’s gone straight to New…