Ireland FinTech Transfermate secures $70 Million in funding
Transfermate announced a $70M funding round bringing the company to a valuation of $1BN and $130M of total funding.
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.
SMEs to borrow against card sales with Linked Finance
Linked Finance has launched a new lending product that allows businesses to unlock their daily cashflow from card payments as a source of financing.
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.