Sentenial boss: ‘Moment for our platform has arrived with a bang’
The Irish payment technology firm’s chief executive said the negotiations to sell it to Australian company EML for €110m were conducted remotely over six months
After 18 years, more than €50 million in investment and a constant focus on its core payments technology, Maynooth-based Sentenial’s pay-off finally arrived last week.
Sentenial, founded in 2003 by Sean Fitzgerald to take advantage of an “underserved market” borne out of regulatory changes and the advent of the Single Euro Payments Area (SEPA), was bought by EML, the Australian payments firm, in a deal worth up to €110 million, including a €70 million upfront ...