During H1 2026, notwithstanding that Irish and European financial technology companies have found it more difficult to raise money this year as political and economic instability continues to dent investor risk appetites, we note the following deals:
- US fintech Payoneer paid $13m to acquire Irish employment firm Boundless. Read more HERE.
- Niall Dennehy's NestiFi raises seed round for AI family co-investing platform: Read more at: Article 1 and Article 2. Congratulations on the fundraise Team Nestifi and also the new look website! As Niall says - "Let's talk family wealth".
- Sean Mullaney's Seapoint raises €7.5m as ‘financial home’ to start-ups, Ann O’Dea (Silicon Republic). Seapoint is a full financial control for startups. Read more HERE.
- Irish fintech ZeroRisk (Gary Nolan, CEO & CoFounder) raises €8.6m to expand payment risk platform, Charlie Taylor (Business Post). Read more HERE.
- Fonoa - a Dublin based tax automation service raised $110m (€97.7m)
- Circit - a Dublin-based audit platform raised $22m (€19.5m)
- Trrue - the Irish blockchain start up was acquired by Fundbank (now IRACE Digital Bank) in a $11.83m (€10.5m) deal, where Dealroom reports a figure of $11.2m (€10m). We are delighted that Owen O'Driscoll a co-founder and CEO of Trrue who is now Chief Innovation Officer at IRACE will join us as a speaker at the Fintech Ireland Summit. He will be included in an announcement later this week along with other speakers. Together with Joe McCann, I met with Owen in Malta recently when working there on Fintech Malta.
- Trustap - a Cork-based transaction platform raised $10m (€8.9m).
See KPMG's Irish fintech attracted $158m (€140.3m) investment in H1’26 for further details on the last 4 fintechs above. KPMG says that the the $158.13m (€140.3m) was raised across seven (7) deals in H1’26, down 9.4% from $173m across 13 deals in H1’25. See Report HERE.
Fintech Ireland checked the details published by the Irish Venture Capital & Private Equity Association ("IVCA") in its recent Venture Pulse Q2 2026 & H1 report and its previous Q1 2026 report. From our reading those companies appearing in the IVAC marked 'fintech' raised €119.4m ($134.5m). These are:
1) H1 2026 & Q2 Report
- Sorted - FinTech - Crypto at €3.8m ($4.3m)
- Payslip - Fintech - €5m ($5.6m)
- Seapoint - Fintech-Ai - €7.5m ($8.5m)
- Trustap - Fintech - €8.7m ($9.8m)
- Fonoa - Fintech - €94.4m ($106.3m)
2) Q2 2026 Report
In its Q1 2026 report, the IVAC recorded Trustapp raising €8m ($9m) and Circit raising €20m ($22.5mn). There is no record of Trustapp raising two lots of €8mn this year, so we have assumed Trustapp was double counted by the IVAC? Thus when adding Circit's €20m raise, then it appears that in H1 2026, Irish fintechs arguably raised circa $158m (KPMG records $158m and IVAC records $157m).
Interestingly, the IVAC reports that in terms of sector breakdown, that Fintech represented 26% of the H1 2026 total. Completing the 100% figure are Lifesciences (26%), CyberSecurity (14%), Software (14%), Deeptech (7%), AI & ML (7%), Envirotech (5%) and Others (2%)
It seems that Irish and European financial technology companies have found it more difficult to raise money this year as political and economic instability continues to dent investor risk appetites. Read more HERE.
Global:
In terms of global investment in fintech, KPMG reckons that the figure reached was $103.1b (€915m) in H1’26.
Top global fintech deals in H1 2026 according to KPMG:
- Worldpay -$24.3B, Cincinnati, US - Payments -M&A
- Total System Services - $13.5B, Columbus, US - Payments - Corporate divestiture
- Clearwater Analytics - $8.4B, Boise, US - Investment management - Buyout
- OneStream - $6.4B, Birmingham, US - Infrastructure - Take-private
- Brex - $5.15B, Salt Lake City, US - Corporate finance - M&A
- Polymarket - $1.6B, New York, US - Markets - Series D
- Newfront - $1.3B, San Francisco, US - Insurtech - M&A
- Kalshi - $1.2B, New York, US - Markets - Series F
- Saxo Bank - $1.2B, Hellerup, Denmark - Capital markets - Buyout
- Kpler Holding - $1B, Brussels, Belgium - Capital markets - Growth