The Country 13/11/25: Ross Hyland talks to Jamie Mackay

We chat to a farming entrepreneur about his latest venture, a finance and payments app called GrowPay.

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Episode Transcript

Speaker 1 (00:00):
Coming to you live from the Canbury amp Show, Royal Show,
ross Hireland. I was saying, I wanted to turn back
the clock to nineteen eighty two and go along and
be one of those young people at the pig Breeders,
bore Ball or whatever they call you go back at
Lincoln further than I do. What was it the gold
Medalist Top Commerce Student of the Year of class seventy four.

(00:22):
Well that makes you of an age where you should
be retired and just playing golf. Why are you at
your age and stage launching a brand new business.

Speaker 2 (00:30):
Well it's actually taking about four and a half years
to get here, Jamie, So I started when I was
a little bit younger.

Speaker 3 (00:35):
But yeah, I probably should have retired.

Speaker 2 (00:37):
But I just love what I'm doing and love farmers,
and I think that we've got a product that is
going to really really benefit farming and farmers across the country.

Speaker 1 (00:46):
Okay, it's called Grope. And if you get too commercial
on me being here, Ben Humphrey, who's in charge talk
for us, will probably send you an invoice. Give me
the concise version.

Speaker 3 (00:57):
Of what you do.

Speaker 2 (01:00):
First we send the invoice to Renata. But apart from that,
we're a finance and payments app Jamie. So we saw
a real gap in the market. We think that the
banking system and everybody knows that despite what you hear,
the banks have been creaming it from New Zealand farmers
for decades and still are so and that will continue,

(01:24):
all right. And so we are effectively brokering finance or
we're referring finance, so we do have a wholesale funding
partnership with different financiers. We also will be brokering payments
and being able to aggregate payments. So we're targeting the
top ten or twenty inputs that farmers spend their money on,

(01:46):
you know, as well as with MasterCard, Heartland Banks, Bears Finance.

Speaker 3 (01:50):
We've partnered with.

Speaker 2 (01:52):
The likes of ex and Mobile and so we'll have
our own fuel card. We've partnered with a on Agri.
Numerous other company's are jumping on board because they see
that we're going to drive a completely disruptive more.

Speaker 1 (02:05):
Well it's one thing being disruptive, but if you really
want some custom you need to be cheaper better.

Speaker 2 (02:11):
Yeah, and we'll definitely be better. We're all about better
deals for farmers, all right. So that's our Mantra driving
better deals for farmers. Now, whether that's we won't be
able to match the giveaway interest rates that you often
get with tractors or uts and things like that, but
the simple reality is we will put in place a
better deal for the farmer. We'll spread it over a

(02:32):
longer term, you know, useful life of a machine, not
two years at bloody two percent interest rate and then
kill you off because you can't afford the payments. So
it's those sorts of things that we're doing. It's all
about giving farmers choice. It's not about bundling all your
loans and all your mortgages and all your securities in one.

Speaker 3 (02:50):
We're about giving farmer's choice.

Speaker 1 (02:52):
So you had a soft launch down on Mosbit, I did,
and that's my home page or near it, south of Mosborn.

Speaker 2 (02:58):
I think that mos beIN is just it was really
just a test ground for us, Jamie. I just love
those Southland farmers. As you know, Mossburn's very central. We
had farmers coming.

Speaker 3 (03:08):
All the way from Bellcluther to.

Speaker 2 (03:12):
Way down the other side of Blackmount, so you know
it was a great spot really and lots of telling questions.
As you know, farmers are sort of the Ultimate Cynic.
So you get into a hall of farmers in Mosbourn
and you know you're going to get put through the
ringer and I think we came out with flying.

Speaker 3 (03:28):
People want to.

Speaker 1 (03:29):
Find out more about grow pay. Where do they go?
This is getting close to sending you an invoice too.

Speaker 2 (03:33):
By the night, grow pay dot io or www dot
Grow paid dot io, all the informations there.

Speaker 1 (03:41):
You're a great man, Ross Hiland, good to see you.
Enjoy Makaisa. We're going to We're going to take a
break and come back and wrap it. From Day one
of the Canterbury a mp Show