Irish fintech Fenergo valued at over $1bn after $600m deal
Fintech company Fenergo has become the State’s third official Irish tech unicorn after being valued at over $1 billion in a new deal.
Standard Chartered turbocharges digital payments proposition with investment and the merger of CurrencyFair with Assembly Payments
CurrencyFair, a global cross-border payments platform and Assembly Payments, whose platform automates complex payment workflows, today announce their merger as a result of a strategic investment by Standard Chartered, subject to regulatory approval. SC Ventures, the innovation, ventures and fintech investments unit of Standard Chartered is doubling down on its commitment to the rapidly growing payments industry, following its earlier investment in Assembly Payments in 2020. Bill Winters, Group Chief Executive of Standard Chartered said, “Digital payments is a core strategic area for Standard Chartered and our 2020 investment in Assembly Payments greatly enhanced our presence in the domestic payments business. By bringing together the complementary strengths of CurrencyFair and […]
Stripe has raised a new round of funding to accelerate momentum in Europe
Stripe, which builds economic infrastructure for the internet, has raised a $600 million (€500 million) funding round at a $95B (€80B) valuation.
UK’s fintech VC Finch Capital invests £5M in Dublin-based SaaS startup
AccountsIQ has secured €5.8 million funding with the fintech-focused venture capital firm Finch Capital backing the investment.
Irish fintech group Carne valued at €400m following investment
Irish fintech Carne has been valued at around €400m following an investment by European private equity firm Vitruvian Partners.
Irish fintech sector sees record investment during pandemic
Although many sectors saw investment slow due to the Covid-19 pandemic, the Irish fintech industry saw a record period of activity.