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Latest Results from /startups

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Irish fintech spending falls by 90% in H1

The first half of 2024 has seen a dramatic decline in spending within Ireland's fintech industry, reflecting cautious investor sentiment.

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Ireland to grant National Cyber Security Centre emergency powers

Proposed legislation is set to give Ireland's cybersecurity agency the power to monitor all of the country's internet traffic when there is a "pressing national security threat".

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Qonto announces European expansion

French neobank Qonto is set to open new offices in Austria, Belgium, Portugal and the Netherlands as part of a European expansion plan.

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Australia launches initiative to address tech talent shortage

The Tech Council of Australia (TCA) has launched a initiative designed to address the battle for tech talent.

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TrueLayer reports growth despite losses

TrueLayer, a payments platform backed by Stripe, is stacking up its losses according to the latest accounts reports.

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Chime selects Morgan Stanley to lead IPO – Bloomberg

Chime has been reported to be aiming to go public in 2025, with Morgan Stanley to lead its initial public offering (IPO).

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BlackRock joins Fintech Scotland

The world's largest asset manager, BlackRock, has announced its membership of Fintech Scotland, the promotional for the country's fintech sector.

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Lithuanian fintech kevin declared insolvent

Payments startup kevin has been declared insolvent by a Lithuanian court

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UK government takes aim at late payments laws

A new Fair Payment Code has been announced by the UK government to manage late payments that cost SMEs.

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Former TSB boss Pester becomes chair of wealthtech startup Firenze

Former TSB and Virgin Money boss Paul Pester has taken on the role of chair at Firenze, a Manchester-based embedded finance startup that helps wealth managers offers customers loans secured against their investment pots.

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Investing in Women Code backs UK female founders

Venture capital fund managers who have signed up to the Investing in Women Code are more likely to invest in female founders, according to a UK government report.

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Revolut’s Storonsky sells $300 million in company stock

Founder and chief exec at fintech giant Revolut, Nik Storonsky, has reportedly sold shares worth up to $300 million (£230 million) in the company.