Fenergo sharing the rules of engagement

Fenergo sharing the rules of engagement

Global financial regulations are complex and ever-changing. This year’s Fast 50 fintech winner, Fenergo, recognised this and built a business model around sharing the regulatory burden when it comes to customer on-boarding

The predicament for fintech companies is that while they are often dealing with large sums of money, only a few are what might be called ‘customer facing’. As a result, rapid growth is not always recognised.

The Deloitte Fast 50 has the ability to change that. Colm Heffernan, chief operating officer at Fenergo, was obviously pleased with his company getting first prize in the Fast 50 fintech category. “It was great for us to win,” he said.

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