Finbourne, a London-based financial technology firm that was co-founded by two Irish former bankers, has secured a debt facility of up to £30 million from Kreos Capital, a provider of debt-based growth funding to fast-growing companies in Europe and Israel. Finbourne was established in 2016 by a team of seven former UBS and Nomura bankers, who shared an aim to liberate, connect and simplify financial data while reducing investment costs. It is led by CEO Thomas McHugh, who is from Laois, and chairman Dermot Shortt, who is from Cork. Both are engineering graduates. Rather than applying their skills to the…
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