Figured and LIC Announce Strategic Partnership

Figured, New Zealand’s innovative farm financial management software provider, and farmer-owned co-operative LIC (NZX:LIC) today announced a new strategic partnership combining LIC’s leading position in the herd improvement industry with Figured’s expertise in cloud-based farm accounting. LIC has also invested in Figured to secure a cornerstone shareholding, with an 18.8% equity stake, and an LIC director will also sit on the board.