Stripe raises $694m through share sale to provide employee liquidity
The company had previously announced the tender offer to provide employee liquidity in February.
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The company had previously announced the tender offer to provide employee liquidity in February.
A handy round-up of the recent funding endeavours of fintech companies across the globe.
Delaney will report to Matthew McCormack, who leads the bank’s Information Security Division.
A handy round-up of the recent funding endeavours of fintech companies across the globe.
Interpath Advisory has been instated as provisional liquidator for PCSIL.
The deployment builds on an agreement between the two companies in August last year.
The bank plans to streamline the onboarding of new clients with enhanced KYC processes.
O’Beirne joins from Bank of Ireland, where he spent almost 20 years in various senior roles.
Total Processing provides payment solutions to merchants in Europe, North America and MENA.
Savidge previously served in several high profile roles at JP Morgan Payments, most recently as managing director.
Synch says “it was no longer feasible to launch its payment app Yippay into the Irish market”.
The first two quarters of this year saw global enforcement fines amount to $1.5bn and $2.27bn, respectively.
Cash App had been pursuing a VASP licence in the country since 2021.
Blackbullion will deploy Bud’s Assess solution and its open banking and transactional AI tech.
With the licence, Elavon intends to offer authorisation, settlement, card machines, and banking services in the UK.
The reforms will take effect from 1 October 2024 and will incur a four year transition period.
The San Francisco-headquartered exchange plans to leverage the approvals to power its European expansion.
Following the completion of the sale, Bluestone intends to increase its focus on its fintech business Fignum.
Wayflyer plans to deploy the capital to its 3,000 global e-commerce clients.
LC Financial Holdings will help BCM Global expand its business and develop new services across Europe.
Orion is an implementation partner of Temenos, deploying core and digital banking solutions for its clients.
The transaction is subject to all necessary approvals, and is expected to be finalised in Q4 2023.
Paytrix describes Redmond as a “heavyweight of Ireland’s financial services sector”.
NomuPay plans to scale in its core markets and further invest in product development.
Fenergo says the new hires will play a “pivotal role” in driving its global expansion and SaaS strategy.
The company is conducting a review as it looks to “transition away” from its previous long-term strategy.
WhenThen’s co-founder and CEO, Kirk Donohoe, has been named Mangopay’s chief product officer.
Corlytics’ CEO John Byrne says the deal “sets the runway for further strategic acquisitions”.
Coinbase’s Ireland operations will also now be headed up by Cormac Dinan, its new country director.
Naga users will be able to top up their accounts using A2A payments authenticated via biometrics.
O’Grady succeeds Gavin Kelly, who was appointed as interim CEO in September this year.
iBanFirst says Fenergo’s tech will allow it to offer “faster and more effective” digital customer onboarding.
Our weekly round-up for you to get the latest fintech funding news from around the UK and Europe.
Copper will utilise Fenergo’s tech to onboard “increasingly complex” client ownership structures.
Hassan Suffyan joins from Ernst & Young UK.
Kelly joined Bank of Ireland in 2007 and was appointed chief executive of its Retail Ireland division four years ago.
Davy will deploy the Torstone Platform for its post-trade processing.
Cash will go towards doubling the company’s headcount and expanding into new markets.
Synch provides an account-to-account (A2A) mobile payment solution for consumers and businesses in Ireland.
Groombridge will be leading Stanhope’s payments offering, while Bajwa will be developing Stenn’s financing solutions.