Dublin tax tech firm Fonoa raises $110m and acquires PwC's Indirect Tax Edge platform
By
Ann O’Dea
Right out the toaster. Reliable, with some real depth.
Summary
Dublin-founded tax technology company Fonoa has raised $110m in Series C funding led by Headline, with participation from Eurazeo and Forestay Capital. The company also acquired PwC's indirect tax compliance platform, Indirect Tax Edge. This marks a major milestone for one of Ireland's most prominent fintech companies, strengthening its position in the tax technology space.
Key quotes
· 3 pulledFonoa, the Dublin-founded tax technology company, has raised $110m and acquired PwC's indirect tax compliance platform, Indirect Tax Edge.
The funding round was led by Headline, with new investors Eurazeo and Forestay Capital joining existing backers
in what marks a significant step for one of Ireland's most ambitious fintech companies.
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