Escher Group Holdings invests in fintech startup

Escher Group Holdings has given a helping hand to financial technology start up Deposify.

The AIM-listed point of service software provider said on Wednesday it had invested €125,000 (£98,583) in the Dublin-based company’s initial raise.

It has also licensed its transaction management platform RiposteTrEx to the group.

Deposify’s payments platform will allow landlords and tenants to manage and control how and when rental deposits are paid and resolve deposit related disputes quickly.

Escher Group Holdings chief executive Liam Church said they have invested in developing the flexible and scalable digital transaction management platform to be used across a range of markets and opportunities.