Fintech

Dublin-based Assure Hedge raises over €15m for its FX hedging platform

Company extends funding round to €25 million due to heavy interest from investors

Pritesh Ruparel: took over as chief executive of Assure Hedge from founder Barry McCarthy last year

Assure Hedge, a fintech that has developed automated currency hedging solutions, has raised more than €15 million of a €25 million funding round.

Pritesh Ruparel, who took over as chief executive from founder Barry McCarthy last year, said the company was keeping the funding round open to allow other potential investors to back the firm.

Assure Hedge provides SMEs with a straightforward way to manage their currency risk, with its technology integrating with existing products ...