Tagged: ireland

P2P Lender Initiative Ireland Appoints Aisling Healey as Director of Finance & Treasury

Peer to peer lender Initiative Ireland has announced the appointment of Aisling Healey, as the company’s new Director of Finance & Treasury. Healy is said to bring over 30 years’ experience in financial management to the role. She will be responsible for all aspects of… Read More

Dublin-Registered Crypto Exchange Bitsane Vanishes with User Funds

Bitsane, a Dublin-based cryptocurrency exchange with 246 000 registered users, went suddenly offline last week, and users say they cannot access funds they were keeping on the exchange. “I was trying to transfer XRP out to bitcoin or cash or anything, and it kept saying… Read More

Peer to Peer Lender Linked Finance Tops €100 Million in Lending

Linked Finance, an Ireland based peer to peer lender serving SMEs, has topped €100 million in lending, according to a note from the company. Management states that this milestone indicates that P2P lending is a proven funding option which is being recognized by Irish SMEs…. Read More

Payments Provider TransferMate Receives Regulatory Approval in Singapore

TransferMate, a cross-border B2B payments providers, has secured its first regulatory approval in Asia with a payments license in Singapore. TransferMate claims to hold one of the largest portfolios of payments licenses in the world. This includes all 50 US states plus territories, to support… Read More

WorldPay Teams Up With Sage to Provide Efficient Payments to Businesses Across the UK & Ireland

Global payment technology provider Worldpay, Inc. (NYSE: WP; LSE: WPY) announced on Tuesday it has teamed up with Sage Pay, part of Sage Group (FTSE: SGE), to expand the range of card payment solutions available to businesses across the UK and Ireland According to the duo, this new… Read More

Hong Kong and Ireland Look to Forge Closer Financial Co-Operation Including Fintech

The Hong Kong Secretary for Financial Services and the Treasury, James Lau, is visiting Ireland to foster closer financial co-operation between the two countries. According to a release, Lau met with the Minister of State at the Department of Finance and Public Expenditure and Reform of… Read More

Blockathon Ireland Hackathon Announces Competition Winners

Blockathon Ireland, a blockchain hackathon for Public Services hosted by the Government of Ireland, has announced the winners of the competition portion of the event. The Department of Public Expenditure and Reform, in association with The Department of Finance, brought together nine technical teams with… Read More

Government of Ireland Hosts Blockchain Hackathon

The government of Ireland is showing their support for the emerging blockchain technology sector by hosting a hackathon called Blockathon Ireland. Hosted by the Department of Public Expenditure and Reform in association with The Department of Finance, the hackathon seeks to highlight real-life use-cases of Distributed… Read More

Google Receives Payment Institution Authorization From Ireland’s Central Bank

Google (NASDAQ:GOOG) has received payment institution authorization from Ireland’s Central Bank. According to Irish Times, the Central Bank granted authorization to Google Payment Ireland under the second Payment Services Directive (PSD2) regulation. The company will now be allowed to issue and acquire payments across the European Union (EU)… Read More

Ireland Pondering New Anti-Money Laundering Bill Encompassing Cryptocurrencies

In order to align itself with the fifth EU money laundering directive and reinforce existing rules, the Irish Cabinet has passed a new bill targeting money laundering, “including the use of cryptocurrencies in funding terrorism,” according to a release from the Irish Department of Justice. The… Read More

Hackers Lock Dublin Tram System Website, Demand Bitcoin Ransom

People seeking information today about the Luas light rail system in Dublin may have encountered a message threatening to “publish all data and send emails to your users” unless a ransom of one Bitcoin (worth about $3850) is paid, RTE reports. That message has now… Read More

Hulkster Dark Net Dealer Gets Crypto Seized by Irish Authorities as “Proceeds of Crime”

Neil Mannion, a convicted drug dealer who allegedly traded on darknet sites such as Silk Road and Agora under the name ‘Hulkster’, has lost a legal battle to keep his crypto, according to a report in the Irish Examiner. Judge Carmel Stewart approved a request… Read More

Transferwise Launches Borderless Accounts & Debit Mastercard to Ireland

Fintech unicorn, TransferWise, has reportedly launched its borderless account and debit Mastercard to Ireland. The launch comes just a few months after Transferwise added US Bank information to its platform thus mirroring what is already available for their European, UK and Australian users. According to Finextra, borderless… Read More

Allied Wallet Expands Payment Options Offering in Ireland

Less than a week after announcing it is now offering several new alternative payment options in the UK, online payment processing provider Allied Wallet announced more payment options for Ireland. The company added Paysafecard, Boleto Bancário, SEPA Credit Transfer, and SEPA Direct Debit to its NextGen Payment… Read More

Coinbase Announces EU Expansion: Opens New Office in Dublin

Crypto marketplace Coinbase announced on Tuesday it has continued its European expansion by opening its new office in Dublin. According to Coinbase, the expansion will create new jobs and grow the burgeoning Irish crypto economy. The marketplace then confirmed that the number of its customers in the… Read More

Ireland Launches Fintech Research Program. Fintech Fusion to Focus on Payments, Insurtech, Regtech, Blockchain & More

Paschal Donohoe

Ireland is getting more serious about Fintech innovation. Announced late last week, the Irish government has partnered with ADAPT Centre for Digital Content Technology, commencing a new research program: Fintech Fusion. The program will be headquartered at Trinity College Dublin and will initially run for four… Read More

Irish Minister For Finance & Public Expenditure Partners With SFI Research Center ADAPT to Launch New Fintech Research Program

Ireland’s Minister for Finance and Public Expenditure and Reform, Paschal Donohoe T.D., and the SFI Research Centre ADAPT,  announced last week the launch of a new fintech research programme, FinTech Fusion. According to the duo, FinTech Fusion will encourage breakthroughs in payment (PayTech), regulation (RegTech)… Read More

Overfunding: Fleet App Secures €275,000 Funding Target Through Crowdsourced Equity Investment Platform Spark Crowdfunding

Spark raise 2

Fleet, an Ireland-based peer-to-peer car rental app, has successfully secured its initial €275,000 funding target on crowdsourcing investment platform, Spark Crowdfunding. Founded in 2016, Fleet App is now valued at €1.1 million. Prior to launching the funding round, the company teamed up with AXA  Ireland and… Read More

Ireland’s First Equity Crowdfunding Platform, Spark Crowdfunding, Lists Car Sharing Company Fleet

Spark Crowdfunding, Ireland’s first equity crowdfunding platform, has launched with its newest offering: Fleet – a person to person car sharing service that is seeking a raise of €275,000 through a sale of 20% equity. Spark Crowdfunding is a Dublin based operation that has only launched… Read More

Fintech Sancus Expands Operations in Ireland with New Hires

The Sancus BMS Group has expanded their business in Ireland with two new appointments from the property finance sector. According to Sancus, Michael Mooney has joined the Group as Managing Director of Sancus BMS (Ireland) Limited and Geoff Savage as Director of Lending. Sancus CEO Andrew… Read More

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