Fintech Circit raises €6.5m as it plans to double headcount

Irish fintech Circit has raised €6.5 million in funding to expand its technology platform, which helps auditors verify company assets and liabilities in real time.

Founded in 2017 by David Heath and Sean Kenny, Circit offers a platform to automate workflows for auditors, corporates and financial institutions that takes advantage of open banking to verify the ownership of assets and liabilities. The technology benefits banks by giving them a secure digital channel for managing requests ...