Companies Stripe’s valuation is marked down again as fintechs face pressureAsset manager Fidelity has repriced its stake in the payments processing company several times this year, with the value of its shareholding marked down by 35 per cent since January
Fintech Irish fintech Money Jar to create 100 new jobsCompany will fill roles across software engineering, compliance and security, product management and design, marketing, sales, account management and customer support
Banking Synch payments platform gets green light from competition watchdogJoint venture mobile payments app proposed by traditional Irish banks initially delayed amid competition fears
fintech US fintech DriveWealth establishes Dublin hub as Paddle eyes similar plansThe firm helps neobanks such as Revolut provide stock trading for their customers
companies Irish-founded Umba aims to be biggest African bank by 2027The full-service digital bank, set up by two Limerick natives, is also considering a move into the Middle East
EML boss puts Central Bank inquiry into Prepaid Financial Services behind himThe Australian fintech firm has been on the back foot due to an investigation into its Irish unit
Software and payments firm Planet to create 100 Irish jobs The fintech says the the Irish jobs will be a blend of hybrid and remote working roles across a variety of sectors, including product development, technology and finance
‘Defensive’ attitude of Central Bank putting off fintech investorsExperts warn regulator is gaining a reputation for slow and unwieldy progress of applications
Aylien looks to raise €15m as backers provide extra €2.7m in fundingThe company has developed natural language and text processing tools to provide companies and organisations with early signals of critical risk events
Making It Work: App brings payday forward and gives workers full account of their finances Azucko, which allows employees to have early access to a portion of their salary, has attracted significant interest since its launch a month ago
NoFrixion to double workforce as instant payments rollout beginsThe Dublin-based payments tech start-up said the business would ‘enter international markets from the start’
Irish-led London fintech gets €6m funding boost from LloydsSatago, a cash management platform, helps SMEs to understand their borrowing capacity
Global Shares to be acquired by JP Morgan in deal worth more than €450 million The sale of the Clonakilty-based fintech will result in a big payday for its shareholders
Irish fintech Strikepay to raise €5m ahead of leap abroadDublin-based start-up plans to enter the British and US markets with its platform for cash-free tips and donations
Losses swell at Revolut Ireland as fintech quadruples workforceCompany reported operating loss of €3.3 million in 2020, up from €169,000 the previous year
The Big Interview: ‘Multinationals are looking at their global payroll operations and they see they need to be agile’ Fidelma McGuirk, founder of Payslip, says many multinationals learned the hard way during Covid-19 that running payroll ‘in a siloed way’, country by country, leaves them vulnerable – and her company aims to change that
Making it Work: Tech company looks ahead with advanced solutions to problem of money launderingDX Compliance plans to hire 40 people, having achieved rapid growth with its advanced solution to the problem
Revolut valued at €28 billion after latest equity raiseThe British-based fintech said it will use the funding raised this week to accelerate global growth plans
Booste: ‘In Ireland we saw low barriers of entry and a fast-growing e-commerce market’The Polish fintech start-up is expanding its revenue-based financing services here as well as in the UK and the Netherlands
Creditlogic targets extra funding to power overseas growthIrish fintech has developed software to enable mortgage approval process to be done entirely online