
Tag "Fenergo"
Fenergo’s Acquisition Gets Green Light From the EU Commission
The acquisition of Irish regtech firm Fenergo by private equity firms, the Paris-based Astorg and London-based Bridgepoint has been concluded in a US$600 million deal. The transaction was completed following approval by the European Commission. This deal could potentially push
Read MorePrivate Equity Firms to Acquire Irish Regtech Fenergo in US$600 Million Deal
Irish regtech Fenergo announced that it has been acquired by private equity firms, the Paris-based Astorg and London-based Bridgepoint, from Insight Partners. While financial terms of the transaction were not disclosed publicly, the Irish Times cited industry sources to claim
Read MoreTop 10 Regtech Startups in Europe
Regtech, which refers to the use of technology to help financial services firms deal with regulation, is one of the fastest-growing fintech segments. KPMG forecasts that regtech spending by 2022 will reach US$76 billion from only US$10.6 billion in 2017.
Read MoreTop 15 Fintech Startups In Ireland
Fintech in booming in Ireland as the country shows itself to be a key industry hub in the wake of Brexit, with favorable government initiatives and strategies, a large network of accelerators and the all-important convergence of banks and disruptors
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