Crypto Coinbase fined £3.5m in UK for ‘high risk’ customer onboardingCompany “repeatedly broken” voluntary agreement by providing services to high risk customers, regulator says
Funding Irish co-founded Finbourne eyes expansion after £55 million fund raise London-headquartered financial data management company secured funding from Fergal Mullen’s Highland Europe and AVP Ventures
Fintech Central Bank confirms new fintech sandbox programmeNew initiative comes after a three-month public consultation and engagement with companies in the financial services sector
Banking Irish banking technology firm CR2 acquired by Moroccan payments company Casablanca-listed Hightech Payments Systems has bought the Dublin-based digital banking and payments software company led by Fintan Byrne
Fintech Flender confirms crowdfunding exit after leaving ScarpFinance provider went live with a peer-to-peer lending platform in early 2017. However, in recent years it has shifted away from crowdfunding and towards institutional investors
Fintech Irish fintech Prepaid Financial Services recorded €18m loss ahead of liquidationEML, the Australian owner of the business, was forced to book a €154m impairment charge as a result of the business failure
Connected Magazine Coinbase Ireland boss: Crypto sector is beginning to grow hereCormac Dinan, Coinbase’s country leader for Ireland, believes cryptocurrency firms want to tap into the successful fund industry established here
Blockchain Former Waystone executives back Irish blockchain start-upDataOp has invested over €20m in Irish fintech firms in recent months
Fintech Revolut backer says fintech’s valuation has jumpedAn investment trust managed by Schroders has revalued its stake in the fast-growing fintech
Tech Hertz taps Stripe for payments processingCar rental giant joins the likes of Amazon, Uber and Best Buy as clients of the company founded by the Collison brothers
Fintech Losses narrow at Klarna as buy now, pay later firm eyes IPOCompany reports 22 per cent rise in full-year revenues to €2.1bn as losses shrink by 76 per cent
Tech Fenergo eyes profitability as revenues riseCompany has developed software for financial institutions that helps them with issues such as regulatory compliance and managing client data
Fintech Bunq hits profitability with Ireland as its fastest-growing marketDutch neobank, which owns Irish specialist lender Capitalflow, is now the second most profitable online bank in Europe after Starling
Connected Magazine Fintechs come out fighting with plans to help more underserved businesses Revolut et al are expanding into new areas as they look to take more market share from traditional financial institutions, writes Jonathan Keane
Technology Crypto firm Ripple gets Central Bank approvalCompany behind XRP, one of the most popular cryptocurrencies globally, has been registered as a Virtual Asset Service Provider (VASP)
Fintech Payments firm Planet pays €5m for Fexco’s Irish tax-free businessGalway-based fintech, valued at €1.8bn, buys Horizon Tax-Free Services
Crypto Coinbase seeks MiCA authorisation in IrelandMarkets in Crypto-Assets (MiCA) is a landmark EU law agreed in July 2022 as part of efforts to regulate the cryptocurrency sector. It requires crypto providers to register with a local regulator in at least one member state.
Funding Irish fintech Alt21 closes €21m funding roundCompany formerly known as Assure Hedge is looking to expand into new markets and to licence its technology to other fintechs and banks
Connected Magazine Wise calls out banks on transparencyFintech says big banks aren’t playing by the rules on cross-border payments
Fintech Revolut delays annual accounts againFintech gets three-month extension for the second year in a row