If you are seeking assistance with a regulatory authorisation as an emoney institution, a payment institution, a CASP or a MiFID firm contact Peter Oakes.  Fintech Ireland knows several professional services firms working in these areas. ​

Peter Oakes has issued Version 23 of the Fintech Ireland Map Regulated Fintech Map on Sunday 27th September 2026.  The Map uses data appearing on the registers of the Central Bank of Ireland.

There are a number of changes to this Map from the previous version.  These are:

(a) Main change is the removal of the Virtual Asset Service Providers (VASPs) Sector given that Ireland ended the transition period for VASPs to Crypto Asset Service Providers (CASPs) at the end of 2025. 

(b) Removal of PrimaFinance Limited from both Payment Institutions Authorised and Open Banking (PISP & AISP) Sectors following the withdrawal of its authorisation on 01/04/2026.

(c) Addition of the following firms as Authorised Payment Institutions:

• (i) Payward Europe Solutions Limited (i.e. Kraken) authorised on 23/02/2026 to perform payment services 1, 2 , 3a, 3b & 3c; 
• (ii) Pionew Ireland Ltd (i.e. Webot) authorised to perform payment services 3a, 3b & 3c on 18/02/2026;
• (iii) StoneX Digital International Ltd authorised on 27/02/2026 to perform payment services1, 2, 3a, 3b, 3c ;
• (iv) Confirmo Ltd authorised on 02/03/2026 to perform payment services 3a, 3b, 3c; and
• (v) CCBill IE Limited authorised on 11/06/2026 to perform payment services 3a, 3b & 3c.

(d) Addition of the following firms as Authorised CASPs:

• (i) Interactive Brokers Ireland Limited authorised on 22/01/2026 to provide  (g) reception and transmission of orders for crypto-assets on behalf of clients;
• (ii) Pionew Ireland Limited (i.e. Webot) authorised on 18/12/2026 to provide (a) providing custody and administration of crypto-assets on behalf of clients; (b) operation of a trading platform for crypto-assets; (c) exchange of crypto-assets for funds; (j) providing transfer services for crypto-assets on behalf of clients;
• (iii) Push Virtual Assets Ireland Ltd authorised on 12/11/2026 to provide  (c) exchange of crypto-assets for funds; (d) exchange of crypto-assets for other crypto-assets;
• (iv) StoneX Digital International Ltd authorised on 19/12/2025 to provide (a) providing custody and administration of crypto-assets on behalf of clients; (c) exchange of crypto-assets for funds; (d) exchange of crypto-assets for other crypto assets; (e) execution of orders for crypto-assets on behalf of clients; (g) reception and transmission of orders for crypto-assets on behalf of clients; (j) providing transfer services for crypto-assets on behalf of clients; and
• (v) Virtu Financial Ireland Limited authorised on 28/04/2026 to provide (c) exchange of crypto-assets for funds; (d) exchange of crypto-assets for other crypto-assets. 

​
(e) Several logos were updated

If you are seeking assistance with a regulatory authorisation as an emoney institution, a payment institution, a CASP or a MiFID firm contact Peter Oakes.  Fintech Ireland knows several professional services firms working in these areas. 

If your logo or name has changed, please email us at [email protected] with your newer logo (in jpeg / png format) and any name change.  If your company is not on the relevant Map and you wish to join, please start the process by completing the Fintech Ireland Survey. 

• Sign up to our Newsletter here.​
• Attend the Fintech Ireland Summit here.
• Need assistance with an emoney or payments authorisation or an account information service provider or virtual asset services provider registration application, check out Fintech Ireland and CompliReg's handy authorisation guides at https://fintechireland.com/fintech-authorisations.html. 

​Busy time in Irish fintech fundrasing and investment.

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:

1. Worldpay -$24.3B, Cincinnati, US - Payments -M&A
2. Total System Services - $13.5B, Columbus, US - Payments - Corporate divestiture
3. Clearwater Analytics - $8.4B, Boise, US - Investment management - Buyout
4. OneStream - $6.4B, Birmingham, US - Infrastructure - Take-private
5. Brex - $5.15B, Salt Lake City, US - Corporate finance - M&A
6. Polymarket - $1.6B, New York, US - Markets - Series D
7. Newfront - $1.3B, San Francisco, US - Insurtech - M&A
8. Kalshi - $1.2B, New York, US - Markets - Series F
9. Saxo Bank - $1.2B, Hellerup, Denmark - Capital markets - Buyout
10. Kpler Holding - $1B, Brussels, Belgium - Capital markets - Growth

​In the news article, Peter Oakes, Founder of Fintech Ireland and Fintech UK is described as:

"It’s not often you come across a CV as jam-packed as that of Peter Oakes, the founder and a fintech board director at Fintech Ireland.

Oakes is a former board director of Bank of America’s merchant services EU business, as well as a director at the Central Bank of Ireland with expertise in enforcement and financial crime, and has also served as adviser to the governor and deputy governor of the Saudi Arabian Monetary Agency.
​
A non-executive director of a number of firms including TransferMate, Susquehanna International and Optal Financial Europe, Oakes’ extensive regulatory expertise over the past 25 years has been vital to many firms taking their first steps on the start-up journey."

Source: https://www.businesspost.ie/tech/the-connected-100-the-fintech-fanatics-leading-the-way/

​Legend Trading Europe, a Dublin-based fintech that helps businesses move money between traditional payment systems and digital assets, has secured €3.3 million to expand its Irish operations.
 
The firm, a subsidiary of US-regulated cryptocurrency trading platform Legend Trading, is to use the financing in part to pursue an e-money licence from the Central Bank of Ireland in a move that will allow it to offer both fiat and stablecoin payment services from a single regulated entity.
 
Legend has been supervised by the Central Bank of Ireland since 2024 and licensed by the regulator under the EU's MiCA crypto rules since late last year.

​Speaking to the Business Post, Ciaran O'Hare, the firm's chief executive, said the e-money licence application builds on that existing regulatory foundation and "reinforces Ireland's role as the company's European headquarters."

"We employ 12 people here at the moment working across risk, compliance, AML (anti-money laundering) and finance, and a very strong board that includes Peter Oakes and Valerie Lyons," said O'Hare.

He said the company intends to expand its compliance, risk and engineering teams in Dublin.
"I expect that we will double headcount or possibly even triple it over the next two years as we're looking at how we might move some functions that currently sit in the US over here so that we are fully resourced in every department," O'Hare said.

Legend's parent is a global crypto infrastructure firm providing fiat–crypto and crypto–fiat rails to retail, institutional clients, high-net worth individuals, exchanges, wallets, and fintechs. Legend has facilitated tens of billions of dollars in transactions since it was founded six years ago and is used by more than 1,000 institutional traders.

O'Hare said combining electronic money and digital asset services under a single regulated entity would simplify how businesses move between fiat and digital assets.

"We're seeing growing demand from businesses that want access to both traditional payment infrastructure and stablecoin settlement within a regulated framework. Our focus is building that infrastructure within a regulated Irish entity under the supervision of the Central Bank of Ireland," he said.

Hao Chen, founder of Legend Trading, said that having spent the last seven years building liquidity and trading infrastructure for digital assets, the next stage is "enabling businesses to access payments, treasury and settlement services that bridge traditional financial systems and digital asset networks."
​
"Europe is becoming one of the most important markets for that evolution," he said.

Source: Business Post, Charlie Taylor "Legend Trading secures €3m to boost Dublin operations" 13 June 2026

By Peter Oakes, Founder Fintech Ireland.

​As chair of two MiCAR firms authorised in the EU, I find this news today about Irish banks joining a stablecoin project very interesting. Wearing my INED hat at two EU emoney firms, I can understand the passion to reduce friction and costs in payments. Lots to unpack here for sure!

AIB announces it has joined stablecoin project Qivalis. The other Irish bank that has joined the project is Bank of Ireland.

The supervisory board of Qivalis is chaired by my former Financial Conduct Authority (then FSA) boss Sir Howard Davies who also served as Deputy Governor of the Bank of England and is a former Chair of RBS/NatWest

Qivalis B.V., registered with the Dutch Trade Register under number 98235680. Subject to receiving regulatory approval, is targeting a market launch in the second half of 2026. It is a consortium of 37 leading European banks established to issue a regulated, euro-denominated compliant stablecoin that will enable seamless, efficient and secure payments and settlements within Europe and globally.

AIB is one of 25 new members joining today (20 May 2026) the existing 12 banks already in the consortium as part of a major expansion.

Qivalis:
➡️ desires on-chain ecosystem that positions a euro-denominated stablecoin as a global benchmark for digital finance.
➡️ seeks to enable the European finance sector to expand its digital infrastructure and build the future of European payments and settlements.
➡️ expects the euro stablecoin to be fully compliant with the EU's Markets in Crypto-Assets (#MiCAR) regulation.

AIB’s collaboration is to further and strengthen its our ability to deliver payments innovation to its clients.
Geraldine Casey, Managing Director Retail Banking at AIB said: “We are investing in this consortium because we believe Europe needs trusted, regulated innovation in payments and settlement... This investment aligns with that focus, the rapid transformation in payments and the growing development of blockchain and digital asset initiatives.”

AIB claims that it invests around €400 million each year to become a digitally progressive bank.

Meanwhile Billy O'Connell, Chief Strategy Officer at Bank of Ireland, said that through this initiative, Bank of Ireland is advancing innovation to deliver real benefits for customers, strengthen Europe’s financial infrastructure, and support the responsible development of digital money ...In doing so, we are helping to shape the future of how money moves, while supporting our ambition of offering unrivalled financial choice - now and for generations to come,"

Read more at: 

• https://www.linkedin.com/posts/peteroakes_stablecoin-micar-activity-7462835989720375296-P3ev
  
• https://qivalis.eu/
• https://www.linkedin.com/posts/aibireland_aib-is-pleased-to-be-joining-qivalis-a-consortium-activity-7462761080545796096-C_0_
• https://www.rte.ie/news/business/2026/0520/1574265-bank-of-ireland-joins-euro-stablecoin-initiative/