An online crowd funding initiative called Linked Finance has been launched in Dublin with the backing of Irish entrepreneurs and international investors.
The new Linked Finance technology facilitates person to person lending, or ‘crowd funding’ for Irish business.
Business borrowers, vetted as part of the Linked Finance registration process, can access cashflow from a pool of potential lenders, who, in turn, can request and earn good returns on their investment, and engage with the businesses they invest in, both as customers and backers.
Linked Finance CEO Peter O’Mahony explains: “Linked Finance is technology offering a new and painless way for Irish businesses to borrow money from a large group of real people, including their customers, employees, and business associates.
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