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Fintech startup Trezeo wins NDRC Investor Day

Written by Robert McHugh, on 24th Oct 2017. Posted in General

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It was announced today that Irish digital startup Trezeo is the winner of NDRC Investor Day Autumn 2017, securing €30,000 in follow-on investment from the country’s most successful digital accelerator and early stage investor.

At the NDRC Investor Day today, there were 11 companies pitching to a panel of investors in sectors ranging from equestrian sports data management software, online music community platforms and on to continuous development for medical professionals, all looking to secure next stage investment and continue their path to growth.
 
Judges included experienced investors Ben Hurley (CEO NDRC), Nicola McClafferty (Draper Esprit) Steve Collins (Frontline Ventures) and David Bowles (Delta Partners). NDRC’s Investor Day is run in partnership with Bank of Ireland.

Trezeo provides financial stability for self-employed workers in the gig economy by turning unpredictable income streams into reliable and regular payments, with no interest or hidden fees involved. Subscribers pay a subscription fee for the service.
 
The company was founded by two highly experienced financial services and technology professionals, Garrett Cassidy (CEO) and Flavien Charlon (CTO). Trezeo is launching a pilot in the UK in November and is raising funding to launch its full product in 2019. The company recently won the Payments Dragons’ Den competition at PayExpo Europe in London.

Congratulating the winners, CEO NDRC, Ben Hurley said, "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."

Source: www.businessworld.ie

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