Australian billionaire buys Irish-founded fintech Kyckr for €28m

The WiseTech chief executive is a long-term backer of the regulatory compliance company which de-listed from the Australian Securities Exchange late last year

Richard White, founder of WiseTech: the Australian billionaire acquired Kyckr through his personal investment vehicle RealWise

Kyckr, an Irish-founded fintech, has been acquired by Richard White, an Australian billionaire, in a deal believed to be worth AUS $43.5 million (€28 million).

The regulatory compliance company, which was founded by entrepreneur Rob Leslie, Ben Cronin, John Murray and Richard Wood in Waterford in 2007, raised AUS$5 million (€3 million) after listing on the Australian Securities Exchange (ASX) six years ago.

Kyckr provides ‘know your business’ compliance services to clients in sectors vulnerable ...