Accelerated Payments has appointed Peter Thomas as Business Development Manager to boost utilization of its invoice financing service. Thomas began his career in investment management. The company explains that he noticed that Fintechs were disrupting the lending space by supporting SMEs not catered for by… Read More
BlueSnap, an Ireland-based all-in-one payment platform that helps B2B and B2C businesses around the world increase sales and reduce costs, recently announced it has opened a new office in Dublin as the fintech firm expands its global operations. Founded in 2001, BlueSnap states it… Read More
Linked Finance has appointed Niall O’Grady as the new CEO, according to a note from the company. O’Grady is expected to lead the business through its next stage of growth as the peer to peer lender reports €3 million in lending funded in the first… Read More
Ireland-based Linked Finance, a peer to peer lending platform, has reportedly received record levels of interest from SMEs that are looking for government-backed loans. After recently being approved to serve as a Coronavirus Credit Guarantee Scheme (CCGS) provider, Linked Finance claims it has received a… Read More
Ireland’s Carne Group, the provider of regulatory reporting and compliance tools to the asset management sector, has acquired a €100 million equity investment from Vitruvian Partners. Established in 2004, Carne has 350 professionals on its payroll who are based in 8 different locations across the… Read More
Linked Finance, an Ireland-based peer to peer lender, has reportedly been added to the country’s COVID-19 credit guarantee scheme. Notably, the P2P platform is the country’s first non-bank lender to be included. Linked Finance, which is one of Ireland’s largest P2P lending platforms, is now… Read More
FoodMarble, an Ireland-based digestive health tech company, is now seeking to raise €2.3 million through its recently launched equity crowdfunding campaign on Seedrs. Founded in 2016, FoodMarble has created a personal digestive tracker, AIRE. According to FoodMarble, AIRE helps its users who experience digestive… Read More
Whitecap Consulting has released a new report titled, Northern Ireland Fintech Ecosystem Report 2020. It reveals that the region has a population of almost 1.9 million with over 36,000 professionals employed in the financial services or technology sectors. There are at least 74 tech firms… Read More
UK-based group collects platform Collection Pot announced on Monday it has expanded its services into Ireland. Founded in 2014, Collection Pot offers a personalized way to collect money for any occasion or charity. “Personalise your collection by adding an image, share the reason for your… Read More
LexisNexis Risk Solutions and UK-based Fintech firm Nuggets will be working together to support the implementation of self-sovereign digital identity (SSI) solutions. According to a release shared with CI, SSI solutions are one of several emerging technology-led innovations that are beginning to transform how businesses… Read More
India’s Tata Consultancy Services (TCS) has reportedly made a strategic agreement with Prudential Financial Inc (PFI). According to the terms of the deal, TCS will be acquiring PFI’s subsidiary, Pramerica Systems Ireland Ltd.’s selected assets. The staff members at Pramerica will continue working in their… Read More
Bank of Ireland announced on Tuesday it is now offering Apple Pay to its customers. The banking group claims that Apple Pay is a safer, more secure and private way to pay that helps customers avoid handing their payment cards to someone else, touching physical… Read More
Payments platform Stripe is reportedly moving its operations to Dublin due to Brexit. Most European customers will be processed locally (beginning on November 19, 2020). Stripe’s management confirmed that they’re moving payment processing for most of their European clients to the firm’s Irish-regulated business entity… Read More
UK-based Modulr, a Payments as a Service API Platform for digital businesses, has revealed that its Dublin-based entity is now licensed as an electronic money institution (EMI) by the Central Bank of Ireland. The Modulr team noted: “This is an important step in enabling our… Read More
Accelerated Payments reports that it has advanced €210 million worth of invoice financing as it celebrates its third anniversary in operation. Accelerated Payments, and invoice financing platform, claims to be the fastest-growing Fintech in Europe. Meanwhile, the company is planning to set up shop in… Read More
While many business sectors in Ireland have seen a substantial decline in activity or revenue due to the COVID-19 crisis, that nation’s Fintech industry attracted significant investments of around $328.6 million during H1 2020. This, according to KPMG’s latest report on Fintech deals during the… Read More
TransferMate, a cross-border B2B payments technology solution, announced on Thursday it scored a significant boost to its international footprint, securing a new payments license in Mexico. According to TransferMate, the license marks a major milestone on the platform’s global growth journey. Founded in 2008, TransferMate… Read More
Bank of Ireland announced on Monday it has launched Google Pay for all customers. According to the banking group, customers are now able to add personal debit, credit cards, and business debit cards to the payment method’s digital wallet. While sharing more details about the… Read More
Starling Bank, a leading UK based digital bank, has reportedly delivered more than £654 million in loans under the United Kingdom’s bounce back loan scheme (BBLS) to around 24,000 local firms. Starling Bank, which teamed up with Funding Circle to issue £300 million in loans… Read More
Ireland-based Linked Finance, a peer to peer (P2P) lender, has asked the Irish government to extend the nation’s €2 billion (appr. $2.35 billion) credit guarantee scheme to P2P and non-banking lending platforms. The UK has introduced the COVID-19 loan scheme, however, Ireland’s alternative lending solution… Read More
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