Payments network TransferMate hits unicorn status after $70m funding
TransferMate will use the funding to expand its teams globally and develop its technology and product offering.
TransferMate will use the funding to expand its teams globally and develop its technology and product offering.
Here’s our pick of five of the top news stories from the world of finance and tech this week.
Experian will buy a 51% stake in MOVA for $7.9 million.
A handy round-up of the recent funding endeavours of fintech companies across EMEA.
The acquisition, for an undisclosed sum, is set to strengthen the firm’s client lifecycle management platform.
The response deadline for An Post’s tender is 22 April 2022.
Global Shares is 40% owned by Motive Partners, which bought the stake in 2018 for $25 million.
Tink’s technology provides insights to help An Post customers improve their financial health.
Permanent TSB recently invested €150m in enhancing its IT systems and digital capability.
The Dublin-based fintech is now worth $1.6 billion, making it Ireland’s sixth unicorn.
Monese has acquired Trezeo, a specialist financial services platform for the self-employed.
IBM will help the bank achieve its 2023 digital transformation strategy goals.
The Dublin-based company will use the funding to extend country coverage and headcount.
The BaaS firm aims to support post-pandemic growth through nurturing SMEs.
The Irish lender first announced its cuts to physical locations in March.
Sopra says the acquisition will complement its software financing platform.
The 400-strong team will support the company’s global operations.
Davy is also selling Davy Global Fund Management and its shareholding in Rize ETF to other third parties.
The bank is planning to cut three-quarters of its workforce in Ireland.
The payments fintech is looking to expand its reach across Europe.
NatWest continues with its withdrawal from the Irish market.
Funds from the raise will be used to support Wayflyer’s product development and international expansion.
Arun Mani joins Pleo after a successful spell at software company Freshworks.
Gareth Lambe, head of Facebook Ireland, has invested in CleverCards.
Fenergo’s revenue grew 17% in the last financial year.
Australian payments firm suspends shares over “significant regulatory concerns”.
A top pick of stories from the world of finance and tech in bitesize video format, weekly.
“We’ve reached a tipping point,” says COO.
This year, Stripe will continue to pursue enterprise clients.
Latest branches following the pandemic-induced shift to digital channels.
Temenos wins another Irish credit union for Community Banking platform.
ION Group has bought a handful of other firms to date.
AIB, Bank of Ireland, TSB, and KBC pull together to battle fintechs like Revolut.
Belfast and Londonderry is home to some 74 fintechs which employ around 7,000 people.
Stripe could see its valuation quadruple in just two years.
Irish lender aiming to switch things up for its UK operations.
Yatta promises to help users navigate the “complexities” of financial decision making.
“Paynetics showed up as the white knight,” says Wirecard.
New COO Gormley will head up N26’s global customer service.
By 2025, An Post wants to hit one million customers.