Accelerated Payments advances €750 million to businesses as inflation and energy prices soar
Accelerated Payments have advanced €750 million worth of invoice financing to SMEs as companies face soaring inflation and sky-high energy prices.
Revolut looks to become new competitor for Irish banks
Fintech leader Revolut plans to compete with legacy banks in Ireland as KBC and Ulster Bank withdraw from the market.
Linked Finance launches open banking solution for borrowers
Irish peer-to-peer lender Linked Finance has launched an open banking service to speed up borrower applications.
Dutch fintech Bunq looks to sell services in Irish market
Dutch fintech Bunq has applied to the Central Bank of Ireland for authorisation to passport its banking services into the Irish market.
Invoice finance gaining popularity as demand for credit returns
Many Irish companies are now opting to utilise invoice finance solutions which is a debt-free funding option.
Linked Finance lent record €5.5m to businesses in July
Peer-to-peer lending platform Linked Finance lent €5.5 million to businesses in July – a record month for the non-bank lender.
Accelerated Payments collaborates with banks to provide more funding to SMEs during Covid
Accelerated Payments is working collaboratively with banks to offer a lifeline to their existing SME clients as they strive to grow during Covid.
Linked Finance passes €150m milestone in peer-to-peer lending
The peer-to-peer (P2P) lending platform passed the milestone as the company issued €9.6 million in loans in the first quarter of 2021.