Tagged: ireland

Ireland is Considering Bespoke Crowdfunding Regulation

  Last week, the government of Ireland announced a Public Consultation on the Regulation of Crowdfunding. Currently, crowdfunding is not a regulated activity in Ireland. The Irish Minister for finance, Michael Noonan T.D. commented on the consultation; “Ensuring that the development of this exciting and… Read More

Irish Fintech Company Fenergo Appoints Former HSBC Vice Chairman Spencer Lake to Board of Directors

Earlier this week, Ireland-based fintech company Fenergo announced Spencer Lake, a former Vice Chairman of HSBC Global Banking and Markets, has joined its Board of Directors as its new Vice Chairman.  According to Fenergo, Lake held several global senior roles during his tenure at HSBC, including… Read More

Cantor Fitzgerald’s Jim Shiggins: Why I Invested in SyndicateRoom’s Hibergene Campaign

Today Hibergene‘s Series B funding round on SyndicateRoom will successfully close at midnight tonight, having raised at least £5,707,336 with the help of over 53 investors. Funds will be used to support R&D activities to launch three new products in 2017. The Irish medical diagnostics company specializes in the urgent diagnosis… Read More

Irish Biotech Hibergene Diagnostics Links with SyndicateRoom for Series B Round

Hibergene Diagnostics has linked with SyndicateRoom for its Series B round alongside key institutional investor, Cantor Fitzgerald. Hibergene, an Irish medical diagnostics company that specialises in the urgent diagnosis of potentially fatal human infectious diseases, has developed what it believes to be a simple, easy to use and low… Read More

Irish Online Lender LeBruin Launches Profunder to Target Commercial Real Estate Sector

LeBruin has launched a new online lending platform branded Profunder to specialize in providing loans of between €1m and €3m.  Profunder allows borrowers to apply for a commercial real estate loan through a four-step online application process. Feedback is provided to borrowers at each stage, and… Read More

Assetz Capital Pushes Into Northern Ireland, Hires Former Santander Director

  Peer to peer lender  Assetz Capital has hired former Santander Director Andrew Fraser to manage Northern Ireland operations.  Fraser’s role is to help local businesses acquire finance through the peer-to-peer platform as Assetz Capital expands its business. Fraser joins Assetz Capital from Santander UK Corporate and Commercial.  In his… Read More

VC Firm Draper Esprit Expands Presence in Ireland with the Appointment of Nicola McClafferty

Venture capital firm Draper Esprit (AIM: GROW, ESM: GRW) has appointed Nicola McClafferty to the Dublin office. She will join Brian Caulfield as the VC seeks to identify the next generation of Irish tech firms poised for success. McClafferty was most recently CEO of  Covetique.com, a… Read More

Ireland Wants to be European Fintech Gateway for Chinese Firms

Earlier this month, Ireland sent a delegation of public officials to visit Hong Kong and advocate on behalf of the country as a “gateway” for China to the European market.  The delegation participated in the 10th Asian Financial Forum. Eoghan Murphy TD, Minister of State for… Read More

P2P Lender Linked Finance Receives Backing from Eiffel Investment Group

Linked Finance, an Irish peer to peer lending platform, has signed an agreement with Eiffel Investment Group to back Irish SME loans.  The partnership was spawned in part by Linked Finance’s rapid growth of 132% over the past 6 months. Eiffel Investment Group will contribute… Read More

Minister Eoghan Murphy Celebrates the Recipients of Enterprise Ireland’s Fintech Competitive Start Fund

On Tuesday, Minister Eoghan Murphy announced the recipients of the 2016 Fintech Competitive Start Fund. The ten startups that were placed in the three-month development program were each awarded €50,000 in equity support earlier this year. The applicants also received membership to Dogpatch Labs, in partnership… Read More

Irish Blockchain FXCH Chooses Seedrs for Crowdfunding Campaign

Irish fintech startup FXCH Ltd., the Spot-FX Clearing House, which in July settled the first FX trade on the Blockchain, seeks €1,000,000 financing on Seedrs for 4.76% equity offered. Because FXCH has a permanent base in London, the €20M valued platform may benefit from the UK’s S/EIS tax credit… Read More

BorrowMyDoggy Closes Angels Den Funding Round After Surpassing £1M

On Friday, dog lovers service BorrowMyDoggy officially closed its equity crowdfunding campaign on Angels Den. The company successfully secured its minimum £1 million funding goal as it continues to develop its UK and Ireland dog services. BorrowMyDoggy matches dog owners with borrowers that will offer the… Read More

Linked Finance Shifts to Fixed-Rate Lending: Quicker Process Aims to Accelerate Platform’s Growth

In order to accelerate growth, the Irish P2P lending platform Linked Finance — Ireland’s first — has moved from a model where lenders “bid” the interest rate they would offer to a company seeking funds, to one where a fixed-rate is set at the beginning… Read More

BorrowMyDoggy Launches AngelsDen Campaign to raise £1M For UK & Ireland Dog Service

BorrowMyDoggy, a service that connects owners with dog lovers, has recently launched an equity crowdfunding campaign on AngelsDen to raise £1 million (max £1,652,771) for its development and services. Founded in 2012 by dog lover Rikke Rosenlund, BorrowMyDoggy matches dog owners with borrowers that will… Read More

Virgin Media Business Sets New Guinness World Record Thanks to VOOM 2016 Entrepreneur Competition

Last week, Virgin Media Business was named the new holder of the Guinness World Records’ longest business pitch marathon. This was done through the company’s current competition, VOOM 2016, which has 158 businesses pitching back-to-back to a panel of judges over the course of 28 hour,… Read More

Irish Contract Brewer Radikale Seeks €170,000 on Seedrs As It Prepares to Open Its Own Brewery

Radikale, an Irish contract brewery, launched an equity crowdfunding campaign on Seedrs to raise €170,000 as it prepares to expand its beer product line by opening its own brewery. The company was launched by Alain Dekoster, an avid Belgian home brewer, last year and is notably committed to produce different… Read More

Irish Fintecher Deposify Expands Exec Team, Nabs €1.1M to Fund US Expansion

The Dublin-based fintech start-up Deposify has raised €1.1million to fund its US expansion from a number of sources including Bank of Ireland’s Start-Up and Emerging Sectors Equity Fund, which is managed by Delta Partners. “It is fantastic to see Deposify expanding their innovative business model into… Read More

Ireland Government Talks with GLI Regarding Fund Management Said to Hit Snag

GLI Finance, an alternative finance portfolio company, was apparently queued up to aid the  Irish government in its creation of a fund that would boost non-bank lenders.  According to a report in the Independent, negotiations were “unsuccessful”. GLI apparently declined to comment. The Ireland Strategic… Read More

BorrowMyDoggy Shuts Down Crowdcube Campaign; Fetches Over £1.5M Through Crowdfunding Event Crowdfinders

BorrowMyDoggy, a Southwark-based startup that connects dog owners with local dog lovers across the UK and Ireland for walks, sitting and happy holidays, announced this week that it has received over £1.5M through Crowdfinders, a crowdfunding event that brings investors and companies together for face-to-face pitches. Sharing details about… Read More

Jevgenijs Kazanins Announced as New Twino CEO, Will Lead Latvian P2P Marketplace Lender

“I don’t want to offend anyone, but there are only two countries in Europe where peer lending made a dent in the lending landscape: the UK and Estonia. In every other European country the volumes going through the marketplace lenders are negligible (to the point… Read More