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Full coverage: Fintech

Impairments, cash burn, and strategic reviews: How long will EML stay in Ireland?

Australian payments firm EML has made two big Irish acquisitions. And, in both cases, it has been forced to make hefty impairments. With a strategic review ongoing, how long will it remain in Ireland?

Ian Kehoe
31st Aug, 2023 - 5 min read

EML spent up to €110m acquiring Kildare-based Sentenial. How has it performed?

New documents for Sentenial give an insight into the company’s performance since the acquisition. It shows sluggish growth, increasing losses, letters of support, and a deterioration in its cash position. What happens next?

Ian Kehoe
28th Aug, 2023 - 4 min read

The Irish entrepreneur working to make the Kenyan digital lending market more transparent

When Kenyans gained access to credit, lenders targeted them with a "land grab". They harvested data and blacklisted large numbers of people for small defaults, says Lorcan O’Cathain, who wants to bring clarity to the sector with his business Money254.

Hannah McCarthy
28th Aug, 2023 - 5 min read

“Market implosion, falling valuations”: Wirecard, the Dublin fintech, and the legal fallout from a €9m takeover

When Wirecard went bust, a Dublin-based fintech was born, founded on the distressed assets of the German payments processor. Now the VC-backed NomuPay is being sued for millions by a New Zealand company for alleged breach of contract.

Francesca Comyn
6th Jul, 2023 - 4 min read

From $150m valuation to liquidation: What happened to an Irish blockchain business?

Just months ago, Bank of America valued Marco Polo Network at €150 million. Now in liquidation, what went wrong with the company?

Ian Kehoe
22nd Feb, 2023 - 4 min read

Dublin based fintech gears up for court showdown with investor

Barracuda FX provides foreign exchange software and risk management solutions to international banks. A hugely successful start-up, it was acquired by New York based Broadway Technology three years ago. Now the company's founders are suing the investors.

Francesca Comyn
22nd Jul, 2022 - 2 min read

Failure to launch: How the pandemic wiped out the Irish dreams of a global payments company

Fondy was supposed to hit €36 million in sales in its first year in Ireland. Instead it was decimated and has effectively retreated from these shores. So what happened?

Rosanna Cooney
17th Feb, 2022 - 3 min read

“Your personalised donation bucket at every register in the country”: How an Irish start-up is changing the way people give to charity

Charities had been under strain even before the pandemic due to a push towards a cashless society. However, Change Donations has created a technology that lets you donate your digital spare change to a range of charities.

Cait Caden
21st Sep, 2021 - 4 min read

An Irish company bet big on the mobile money market in Ethiopia. This is the story of how the bet went wrong

Dublin company M-Birr built a huge mobile money business in Ethiopia and secured a string of major shareholders. However, it has now collapsed and is currently up for sale. This is the story of what went wrong for the Irish company.

Ian Kehoe
10th Sep, 2021 - 5 min read

“Don’t call me a banker”: Bunq’s Ali Niknam on building a unicorn, buying Capitalflow, and taking on the pillar banks

Ali Niknam’s challenger bank Bunq has just acquired Irish alternative lender Capitalflow. In an exclusive interview, the entrepreneur talks about launching his own bank, why regulation favours the incumbents and his plans for the Irish market.

Ian Kehoe
25th Aug, 2021 - 7 min read
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