Friday April 3, 2020

Fenergo postpones flotation plan to 2022

Fintech to go ahead with planned expansion and recruitment drive

Killian Woods

Business reporter

15th December, 2019
Fenergo chief executive Marc Murphy. Picture: Colm Mahady/Fennells

Fintech firm Fenergo has pushed its plans for a stock market float out to the summer of 2022.

During the summer, the Dublin-based financial services company said it would aim for an initial public offering next year after it raised €66 million from DXC Technology.

Speaking to the Business Post, Fenergo chief executive Marc Murphy said those plans have been pushed out for two and a half years.

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