Fenergo builds regulatory compliance, customer onboarding and broader client lifecycle management software for banks and other financial services firms. Its products cover customer-facing digital interfaces across corporate/institutional banking, asset management, private banking and wealth management, and internal-facing services that consolidate client data for regulatory and operational use. The company is Dublin-based and counts 70 customers, including ANZ, PNC, National Australia Bank, UBS Asset Management and Royal Bank of Canada. Fenergo reported revenue growth of 21 percent this year. It raised $80 million in the current financing at a post-money valuation of around $800 million, and has raised around $155 million to date. The new funding will be used to continue building products and to pursue acquisitions as part of ongoing consolidation in fintech. Fenergo is a Dublin-based provider of Client Lifecycle Management software solutions for investment banks, capital markets firms and private banks. Led by CEO Marc Murphy, it offers an enterprise platform to manage end-to-end regulatory onboarding, client and counterparty data, and regulatory compliance. The company serves a worldwide base of financial customers including Scotiabank, Bank of Montreal, State Street, SunTrust, Barclays and Royal Bank of Canada. Fenergo has expanded globally with offices in London, New York, Boston, Sydney and Wroclaw. The company received a $75 million investment from Insight Venture Partners. It plans to use the funds to expand R&D, grow its global presence and develop a partner ecosystem, including establishing Fenergo University and a Consulting Accreditation Program. Fenergo is a Dublin-based software company that provides enterprise platform solutions to help financial institutions manage regulatory client onboarding and data requirements. Its platform supports the end-to-end regulatory onboarding process, including onboarding, management of client and counterparty data, and compliance with existing and emerging regulations. The company is led by co-founder and CEO Marc Murphy. Existing clients include RBS, Lloyds Banking Group, Investec and Rabobank. Fenergo intends to use the funds to expand its global presence across North America, Europe and Asia Pacific and to accelerate development of its enterprise platform. The company raised €4m in equity funding to support these plans.

Total raised

$160M

Funding rounds

3

Latest round

Equity

Latest activity

Feb 2020