Wellington-based software firm Hnry has managed to secure a $35 million investment and plans to expand.

Hnry is designed to help the self-employed manage their accounts, and the start-up plans to widen their services and hire more staff following the substantial investment. 

BusinessDesk managing editor Pattrick Smellie says this is an impressive investment for a start-up this size to secure, especially in a recessionary economic climate.

Pattrick Smellie also says this company fills an important slot, as a Xero-style platform for companies to small to afford Xero.

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