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 […]
EML acquires Sentenial Group & enters the Open Banking market in Europe
EML has entered into a binding agreement to acquire 100% of Sentenial Group for €70 million upfront, plus an earn-out component of up to €40 million.
Strike aims to raise €6.5m to go big with contactless payments
Strike has raised €625,000 and intends to seek a further €6.5 million in investment before the end of 2021.
UK fintech founders back bridging loan startup Onate’s €100m target
UK fintech investors Will Neale and Christian Faes have emerged as backers of Ireland fintech start-up Onate.
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.
Investment in Irish fintech remains steady in spite of pandemic
There are opportunities for fintech in Ireland post-Brexit, but early-stage companies may be struggling to secure investment – KPMG
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.
