British multinational merges Currency Fair in strategic investment

Standard Chartered said the merger will increase employee numbers from 85 to 160 immediately with job numbers reaching 450 over the next four years. 

E-commerce has surged with the rise of online shopping as a result of the shutdown of retail due to Covid-19.  Picture: Nick Ansell/PA Wire

An Irish Fintech company has announced new investment from Standard Chartered, a British multinational financial services company. 

SC ventures, the fintech investment unit of Standard Chartered is merging Dublin based Currency Fair with Assembly Payments as part of its expansion into the rapidly-growing payments industry.