Dutch bank ABN Amro is investing around €6m in Fenergo as part of the Irish banking tech firm’s latest funding round. ABN Amro in Amsterdam confirmed its investment today but did not publicly disclose the level of that investment. But the Irish Independent understands that ABN Amro’s contribution is included in a months-long funding round concluding today that totals nearly $80m (€72m). “We are very happy to add Fenergo to our investment portfolio,” said ABN Amro Ventures director Hugo Bongers. “This investment will contribute to ABN Amro’s strategic priority to build a future-proof bank and fight financial crime.

Source: Irish Independent February 12, 2020 08:48 UTC