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
Fintech Peer-to-peer lender Flender backtracks on fees after anger from usersCompany which has lent €56m to Irish SMEs introduced a new monthly charge saying it was ‘not sustainable’ to continue absorbing costs for its service
Fintech EML reports huge loss due to €153.7m Irish impairmentsAustralian fintech reports A$284.8m loss due to tax impairments of A$258.9m arising from PFS and Sentenial
Fintech Sydney-listed Irish insurance software firm Fineos raises €24mCompany said the financing will be used to provide general working capital and to fortify its balance sheet ahead of hitting positive free cash flow
Fintech Sale of Capitalflow avoided as Bunq resolves shareholder rowA sale of the Irish specialist lender founded by Ronan Horgan, was on the cards after Pollen Street baulked at investing more in Bunq, Dutch media has reported
Fintech Thieves steal $20m via Revolut US payment flawAbout $23 million was stolen in total, with some funds recovered by pursuing those that had withdrawn cash, resulting in a net loss of about $20 million,
Tech Regtech firm MCO makes third acquisition as it snaps up FairwordsCompany is on the acquisition trail after securing $50 million in debt financing from Accel-KKR Credit Partners last year
Fintech Lithuanian regulators revoke licence of payments firm Payrnet Bankruptcy proceedings are due to start this week against the company, which issues gift cards for many Irish shopping centres
Fintech Former EI fintech advisor follows in the footsteps of RevolutMo Harvey’s Tribe Fintech has been accepted onto a Mastercard-backed programme whose previous participants include the well-known digital bank
funding Dublin-based fintech NomuPay raises €50m from backersCompany founded after the acquisition of assets from German fintech Wirecard
Crypto Winklevoss Twins attempt European pivot for Gemini Mounting market, legal and regulatory challenges cloud the firm’s future as it seeks an overseas reset with Dublin as its European HQ
Raising the bar: fintechs face tougher tests from regulatorIn a rapidly changing environment, fintechs need to up their game when it comes to compliance and ensure effective governance and safeguards are in place, writes Jonathan Keane
Tech Irish no-code payments platform WhenThen acquiredMangopay acquires Irish firm in move that values it at more than $1bn
Middlegame teams up with EI for fintech acceleratorFounders from 10 fintechs will receive one-on-one mentorship as part of the programme
Payments All Irish payment firms to get audited after regulator finds ‘significant deficiencies’The financial regulator has flagged concerns with some firms’ efforts to safeguard users’ funds
Fintech Klarna opens tech recruitment hub in Dublin despite staff cuts elsewhereBuy-now-pay-later company will be recruiting for engineers to work across the group
