Consumer credit rating company TransUnion has spent $44 million (€40 million) buying Trustev, the Cork-headquartered fraud prevention firm founded by Pat Phelan.
Trustev, which is based in Cork and was founded by former butcher Phelan along with Chris Kennedy in January 2013, is one of Ireland’s fastest-growing start-ups.
In a message to staff Phelan said, "As you may know, TransUnion is both an investor in Trustev and a partner in providing joint solutions to stop...
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