Such acquisitions enable startups to create a stickier value proposition that can help attract more potential users and retain existing customers. And in the future, Fenergo could look into expanding its regtech offering by moving into new customer segments like insurance or by offering solutions for regulatory reporting or transaction monitoring — regtech segments that currently have fewer startups competing for market share.
Ireland's fintech ecosystem hasn't been investors' focus recently, but this latest round is bucking that trend.
Additionally, uncertainty around Brexit hasn't shaken the investors' confidence in the UK's fintech industry — funding increased from $3.6 billion in 2018 to $4.9 billion last year — suggesting that not many will seek out alternative locations for investments. As such, big funding rounds like Fenergo's will likely remain a rarity in Ireland, and those winning the funding race will likely be startups working with big corporates or on a business-to-business model.
Vi har sammanfattat den här nyheten så att du kan läsa den snabbt. Om du är intresserad av nyheterna kan du läsa hela texten här. Läs mer:
Sverige Senaste nytt, Sverige Rubriker
Similar News:Du kan också läsa nyheter som liknar den här som vi har samlat in från andra nyhetskällor.
FTC looking at past acquisitions by Amazon, Facebook, Google, others - Business InsiderThe FTC is looking into past acquisitions by Amazon, Apple, Facebook, Microsoft, and Google-parent Alphabet as it ramps up antitrust inquiries nothing will come up it, and in the end, after all the appeals by the business, only a low-level nobody will be accused. All of them should pay me. My e-commerce was not for free. Do not get comfy with that, unless you pay. With social network too Got rich because of some spying. Should pay for that.
Källa: BusinessInsider - 🏆 729. / 51 Läs mer »
Unmind: Mental health tech startup raises $10 million from Project A - Business Insider'The negative impact on companies of poor mental health is massive and we want to help change that,' Unmind CEO Nick Taylor told Business Insider.
Källa: BusinessInsider - 🏆 729. / 51 Läs mer »
Cybersecurity startup Deep Instinct raises $43 million, turns down M&A - Business InsiderIt's more common for security startups to get acquired, such as BlackBerry acquiring Cylance. Deep Instinct CEO Guy Caspi wants to buck that trend. Looks more like a “they”. That’s quite the head shot, not sure if his hairline will survive an IPO. When people have such poor taste, it’s really hard invest with confidence. But I guess birds do know how to attract each other to lucrative garbage systems so... Floofon Floofyfluff! NoThankU
Källa: BusinessInsider - 🏆 729. / 51 Läs mer »
T-Mobile-Sprint merger just cleared its last hurdle - Business Insider - Business InsiderThe formation of New T-Mobile amid a time of flux in the US wireless market will have wide-ranging consequences for the US telecommunications space. I have been with t-mobile for 15 years hopefully they won't start acting like sprint or I am gone
Källa: BusinessInsider - 🏆 729. / 51 Läs mer »
Netflix is investing in kids content - Business Insider - Business InsiderGreater investment in kids content from Netflix could cause even more young viewers to migrate away from ad-supported environments Does that mean NetflixFilm will cut back on all the pro-pot exposure in the rest of their programming? Every other show someone is toking up or worse, pretending its harmless. It's out of control. 👎 I think this is a necessary strategy to beat Disney+. Let's be honest, no one but kids is really using Disney+, and if Netflix wants to keep parents using their platform they need to make content kids wanna watch and can watch ElRodrigo69 are you ready? kiddo 3
Källa: BusinessInsider - 🏆 729. / 51 Läs mer »
Battery Ventures just raised $2 billion for its biggest fund yet - Business InsiderBattery Ventures partner Chelsea Stoner explains why she looks for startups that can't be reached by a direct flight as her firm announces a new $2B fund hblodget Always direct on the PJ
Källa: BusinessInsider - 🏆 729. / 51 Läs mer »