Friday 21 September 2018

Irish fintech firm Trezeo secures €30,000 investment funds at NDRC Investor Day

Garrett Cassidy, CEO of Trezeo, Flavian Charlon, CTO at Trezeo, Ben Hurley, CEO NDRC, David Tighe, Head of Enterprise and Innovation in Bank of Ireland. Credit: Shane O'Neill, SON Photographic
Garrett Cassidy, CEO of Trezeo, Flavian Charlon, CTO at Trezeo, Ben Hurley, CEO NDRC, David Tighe, Head of Enterprise and Innovation in Bank of Ireland. Credit: Shane O'Neill, SON Photographic
Louise Kelly

Louise Kelly

A fintech startup has scooped the top prize of €30,000 follow-on investment the NDRC Investor Day Autumn 2017

Digital firm Trezeo, which provides financial stability for self-employed workers in the gig economy, is raising funding to launch its full product in 2019.

Founded by CEO Garrett Cassidy and CTO Flavien Charlon, who have previously worked in the financial services and tech sectors, Trezeo is launching a pilot in the UK in November.

At the NDRC Investor Day today, there were eleven companies pitching to a panel of investors in sectors ranging from equestrian sports data management software, online music community platforms to continuous development for medical professionals.

The range of companies were all looking to secure next stage investment from the digital accelerator and early stage investor at the event which is run in partnership with Bank of Ireland. 

Judges included experienced investors Ben Hurley, CEO NDRC; Nicola McClafferty, Draper Esprit; Steve Collins, Frontline Ventures and David Bowles, Delta Partners.

"Trezeo has an outstanding solution and stood out to all of the judges as having serious potential for growth in international markets. This finishing investment will be coupled with intense supports from NDRC in areas including investor relations both here and abroad, helping to build the business further," said Ben Hurley, CEO NDRC.

"Overall, the pipeline of emerging indigenous tech companies remains strong and investor interest is high in NDRC companies, which is a key metric for us."

Trezeo recently won the Payments Dragons’ Den competition at PayExpo Europe in London.

Subscribers can turning unpredictable income streams into reliable and regular payments, paying a transparent fee for the service.

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