The company through which Kerry entrepreneur Frank Murphy controls his 85 per cent stake in fintech firm Monex saw its revenue rise by €4.5 million to nearly €113 million in 2017.
Murphy’s Rachro Limited made money from the processing of more than €40 billion in card transactions, but its rising costs – mostly attributable to infrastructure investments – meant that “gross profit from service provision decreased by 2.85 per cent from €12.5 million in 2016 to €12.2...
Subscribe from just €1 for the first month!
All Digital Access + eReader
Unlimited Access for 1 Month
Then €19.99 a month after the offer period.
€149 For the 1st Year
Unlimited Access for 1 Year
90 Day Pass
Get a Business Account for you and your team