Fintech lender zipMoney has completed the acquisition of Pocketbook Holdings. zipMoney is paying an upfront consideration of A$6 million and up to an additional $1.5 million for the business, which sells a personal finance app used for budgeting and cash management. The app, which integrates with a user's bank account, had 200,000 users at the time the deal was announced in June. The acquisition gives zipMoney "direct to consumer" distribution to complement its current point of sale distribution. Following the lead of its Big Four peers, Westpac Banking Corporation launched a new one-year Australian dollar-denominated senior unsecured medium term note transaction yesterday. The spread was marketed as "+43 basis points area over 3-month BBSW." This spread is right in line with recent issues by ANZ, CBA and NAB, termed "the big bank pricing benchmark for one year money" by ADCM Services in a note to clients. The MTNs are expected to be rated AA- by S&P & Aa2 by Moody's. The sole lead manager was Westpac Institutional Bank. New Zealand's Semble Android-based digital wallet operation has been shut down permanently. Semble's shareholders, BNZ, ASB, Spark, Vodafone and Two Degrees Mobile, announced on Friday they had decided to wind down the company. Semble suspended its operations in July. Semble was launched to customers of National Australia Bank's BNZ and Commonwealth Bank of Australia's ASB with contactless Visa and Mastercard debit and credit cards in March last year, but take-up was weak and it was not supported by Westpac or ANZ.