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
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
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
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, 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
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 (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
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
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
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
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
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
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 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
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
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
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
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
Coinaphoto, a Dublin /Dubai-based photography marketplace, has launched an equity crowdfunding campaign on Crowdcube, seeking £500,000 in funding for growth and expansion of its platform. Founded in 2015, Coinaphoto explained it has built a global community of over 200,000 contributors and features 55 million images. The rewards-based… Read More
Linked Finance, an Ireland-based peer-to-peer lending platform, recently announced it facilitated more than €10.1 million to Irish SMEs during the second quarter of 2018, which ended in June. The lender reported the second quarter success follows a strong start to the year, with totaling lending for… Read More
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