Tagged: ireland

Irish P2P Lender Linked Finance Funds One Thousandth Loan

On Thursday, Ireland-based peer-to-peer lending platform Linked Finance announced it has funded its one one thousandth loan. The platform was launched in 2013 and is seeking to lend more than £350 million to SMEs by the end of 2019.  This news comes less than two months… Read More

Update: Jonty Evans Secures £500,000 in Order to Keep Olympic Horse

Last month, Irish Olympian Jonty Evans launched a self-running crowdfunding campaign to raise £500,000 in order to keep his beloved horse, Cooley Rorkes Drift (AKA Art). Within a matter of a couple weeks, the initiative successfully secured its initial funding target thanks to nearly 3,500… Read More

Irish P2P Lender Linked Finance Secures More Than €1 Million for Waterford-Based Businesses

Irish peer-to-peer lending platform Linked Finance has successfully secured more than €1 million for Waterford-based businesses. According to the Muster Express, over 30 businesses in Waterford have raised funds through the lending platform to facilitate their business growth. Mark Bergin, Founder, Coffee House Lane and who has sought… Read More

Irish Olympian Jonty Evans Seeks £500,000 Through Self-Running Crowdfunding Campaign to Keep Beloved Horse Art

Jonty Evans, an Irish equestrian, has launched his own self-running crowdfunding campaign to raise  £500,000 for his beloved horse, Cooley Rorkes Drift (also known as Art). The campaign’s description reads: “Nations cup, Olympics, Badminton – the success that Art and I have achieved has not gone unnoticed,… Read More

Ireland-based Galvanic Seeks £700,000 on Crowdcube For Stress Management Device “The Pip”

Ireland-based Galvanic has launched an equity crowdfunding campaign on Crowdcube to raise £700,000 for its product, the Pip, which is described as a  wireless, hand-held device that accurately measures stress and allows users to manage their stress through a suite of gaming apps.  According to the… Read More

Second Time Success: Tent Brand Crua Outdoors Surpasses £100,000 Funding Target on Seedrs

Ireland-based tent brand Crua Outdoors has successfully surpassed its second equity crowdfunding campaign’s £100,000 funding target on Seedrs. The initiative was launched last month and is currently offering 8.16% in equity. As previously reported, Crua Outdoors’ first equity round secured £85,371 in 2015, and last year, the company raised $300,003 through its… Read More

The Importance of Being in a Fintech Sandbox: Assure Hedge CEO Comments on FCA Cohort 2 Selection

As reported, the UK Financial Conduct Authority named its second cohort of 24 Fintech firms that are ready to begin testing shortly.  What exactly is a sandbox and why is it important for countries to utilize these to engender innovation and spark disruption? Startups and nubie platforms… Read More

UK P2P Lending Market Researcher Orca Dives into P2P Provider Rating Services

Orca, a leading independent data, research and analysis providers on the UK P2P lending market has announced its plans to launch its own four-factor rating service for individual P2P providers, the Orca Rating. The rating will be designed in partnership with Dublin City University’s Irish Centre for… Read More

Irish P2P Lender Linked Finance Receives FCA Authorization, Ready for UK Expansion

Linked Finance, an Irish P2P lending platform, has received full authorization by the UK Financial Conduct Authority which will enable the platform to actuate growth into the UK market, according to multiple Irish news sources. In late April, the Ireland government announced a Public Consultation on the Regulation… Read More

Citi’s Tech for Integrity Challenge Recognizes Fintech Developers

Citi (NYSE: C) has announced award recipients for their Tech for Integrity Challenge (T4I) Demo day which took place in Dublin yesterday. According to Citi, Fintech developers from eight different countries participated to present working prototypes of their Fintech applications. The award recipients from the… Read More

Ireland-Based Tent Brand Crua Outdoors Launches Second Equity Crowdfunding Campaign on Seedrs

Ireland-based Crua Outdoors, also known as Thermo Tents, announced on Wednesday the launch of its second equity crowdfunding campaign on Seedrs. Crua Outdoors’ first equity round secured £85,371 in 2015, and last year, the company raised $300,003 through its reward-based Kickstarter campaign. The company stated: “Great ideas happen… Read More

Flender Brief: Irish P2P Lender FCA Authorized, Plans for UK Launch

Irish P2P lending platform Flender, which secured £501,700 from more than 230 investors during its Seedrs equity crowdfunding round this past January (reportedly the first Irish Fintech platform to successfully complete an equity crowdfunding round), is authorized and regulated by the Financial Conduct Authority under Registration Number… Read More

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