Trezeo wins top prize at NDRC Investor Day
25 October 2017 | 0
Fintech start-up Trezeo beat out 10 other teams to win NDRC Investor Day Autumn 2017, securing €30,000 in follow-on investment from the digital accelerator.
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 financial services and technology professionals Garrett Cassidy and Flavien Charlon.
Trezeo is to launch 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.
Ben Hurley, CEO, NDRC, 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.
“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.”
NDRC companies have generated more than 1,600 jobs directly and indirectly, worldwide. Its portfolio of companies include Tandem, SilverCloud Health, Newswhip, Boxever and Nuritas.