Murphy’s Monex pays out €9m dividends and sets IPO timeline

Founder Frank Murphy says stock market float is being explored in next two years

19th March, 2017
Frank Murphy founder of Monex

Shareholders of Monex, the Kerry financial technology company specialising in currency conversion, received over €9 million in dividends, new filings show.

Founder Frank Murphy said a New York or Ireland stock market float in the next two years was being explored following a set of bumper financial results.

New market territory expansion will continue at the company, which exceeded €100 million turnover for the first time over 2016, he said.

Subscribe from just €1 for the first month!

Exclusive offers:

All Digital Access + eReader

Trial

€1

Unlimited Access for 1 Month

Get basic

*New subscribers only

You can cancel any time.

Annual

€200

€149 For the 1st Year

Unlimited Access for 1 Year

You can cancel any time.

Quarterly

€55

€42

90 Day Pass

You can cancel any time.

2 Yearly

€315

€248

Unlimited Access for 2 Years

You can cancel any time.

Team Pass

Get a Business Account for you and your team

Share this post

Related Stories

Tom Maguire: Tax changes we make now could help business for years

More Business Tom Maguire 8 months ago

The Daily Briefing

The Daily Briefing