Monzo alters its financial year and reports FY 2024 revenue of £880M, 9.7M customers, £11.2B in deposits, and a pretax profit of £15.4M, vs. a loss in FY 2023
- British digital bank now has almost 10 million customers — Monzo is opening a new office in Ireland to grow in the EU
USDC issuer Circle, which confidentially filed for a US IPO in January, plans to shift its legal base to the US from Ireland, and may face more onerous taxes
- Circle's holding company is currently located in Ireland — With an IPO looming, the firm will re-domicile to the US
PitchBook: the UK and Ireland accounted for <28% of VC deals in Europe and Israel in Q1 2023, down from 34%+ in 2018, as deals in France and the Nordics rose
Mark Bergen / Bloomberg :
Coinbase launches its Coinbase One subscription in the US, the UK, Germany, and Ireland, offering zero trading fees, 24/7 customer support, and more
Coinbase One will launch in 35 countries, starting with US, UK, Germany and Ireland — Coinbase, the world's second-largest crypto exchange …
Ireland-based Everseen, which uses computer vision to spot potential retail theft, raised a €65M Series A led by Crosspoint, taking its total funding to ~€82M
Kyle Wiggers / TechCrunch :
Ireland-based TransferMate, a B2B payments infrastructure startup, raises $70M at a $1B valuation, making it the first Irish unicorn led by a female CEO
Ireland-based TransferMate, a B2B payments infrastructure company, raises $70M at a $1B valuation, bringing its total funding to $130M
Irish business to business payments infrastructure company, TransferMate, has secured $70m in fresh funding, at a new valuation of $1 billion.
A profile of Stripe's John and Patrick Collison; sources say the startup's gross revenue rose 60% YoY to nearly $12B in 2021 as net revenue reached almost $2.5B
Billionaire brothers John and Patrick Collison built Stripe into one of the world's most-hyped, highest valued — and profitable! — startups, worth some $95 billion. Tweets: @alexrkonrad , @narasimhaka...
Intel plans to invest €33B+ in Europe, including a €17B “leading-edge semiconductor fab mega-site” in Germany and a €12B expansion of its existing Ireland fab
Along with a €12 billion investment to expand its existing fab in Ireland
Ireland-based Teamwork, which creates business management SaaS applications, raises $70M, its first-ever external funding since its founding in 2007
our first-ever investment