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Revolut to use ECB banking licence to offer personal loans to Irish customers

Revolut to use ECB banking licence to offer personal loans to Irish customers

Digital bank denies rumours move is linked to frustration over regulator’s approach

Tue Feb 01 2022 - 18:08
Wayflyer in no rush to float after becoming tech unicorn

Wayflyer in no rush to float after becoming tech unicorn

Company founded by Aidan Corbett and Jack Pierse says IPO is not on the horizon

Tue Feb 01 2022 - 16:50
Was Revolut’s e-money decision prompted by an unfriendly environment?

Was Revolut’s e-money decision prompted by an unfriendly environment?

Fintechs are frustrated at the time it takes to get authorisation from the Central Bank

Tue Feb 01 2022 - 16:00
Wayflyer becomes latest Irish tech unicorn after $150m fundraise

Wayflyer becomes latest Irish tech unicorn after $150m fundraise

Dublin-headquartered tech company has achieved unicorn status in just 2.5 years

Tue Feb 01 2022 - 06:49
Health and wellness service provider SpectrumLife surpasses 2m users

Health and wellness service provider SpectrumLife surpasses 2m users

Dublin-based company to create 70 jobs as it targets €100m in annual recurring revenues

Fri Jan 28 2022 - 05:56
Revenues jump at Greencore as shareholder rebellion fails to halt bonus plan

Revenues jump at Greencore as shareholder rebellion fails to halt bonus plan

Company says duration and impact of Covid makes it difficult to predict full-year results

Thu Jan 27 2022 - 19:51
Dundrum Town Centre owner Hammerson issues dramatic earnings upgrade

Dundrum Town Centre owner Hammerson issues dramatic earnings upgrade

Goodbody reiterates ‘buy’ recommendation as property giant says 2021 finished strongly

Thu Jan 27 2022 - 09:14
Keywords Studios raises full-year guidance on strong demand

Keywords Studios raises full-year guidance on strong demand

Video games group expects profits to jump at least 55% with revenues topping €505m

Thu Jan 27 2022 - 07:53
Developer Sean Mulryan backs ebike-maker Modmo with €5m investment

Developer Sean Mulryan backs ebike-maker Modmo with €5m investment

Ballymore Group founder leads fundraise for Irish-founded electric bike manufacturer

Thu Jan 27 2022 - 05:04
Kingspan’s acquisition of Trimo will not proceed, Slovenian report says

Kingspan’s acquisition of Trimo will not proceed, Slovenian report says

EU regulators opened investigation into proposed deal for Trimo last April

Wed Jan 26 2022 - 20:17
European markets rebound ahead of Federal Reserve meeting

European markets rebound ahead of Federal Reserve meeting

Iseq follows other European indices higher, closing up nearly 2%

Wed Jan 26 2022 - 18:01
Permanent TSB chairman to step down from role next year

Permanent TSB chairman to step down from role next year

Robert Elliott leaving after six years, with process to find a successor under way

Wed Jan 26 2022 - 12:26
Cork data centre equipment manufacturer Edpac acquired in €29m deal

Cork data centre equipment manufacturer Edpac acquired in €29m deal

Edpac employs 150 people across two Cork locations

Wed Jan 26 2022 - 11:46
Shareholders back Trinity Biotech refinancing deal

Shareholders back Trinity Biotech refinancing deal

Company plans to enter a $81.25m loan facility to buyout loan notes worth $99.9m

Tue Jan 25 2022 - 17:50
Irish entrepreneurs back air monitoring company ZiggyTec

Irish entrepreneurs back air monitoring company ZiggyTec

Company raises €2.5m from backers including the founders of One4All and Ergo

Tue Jan 25 2022 - 15:30
Irish arm of call centre company Telus returns to profit

Irish arm of call centre company Telus returns to profit

Unit, previously known as Voxpro, recorded pretax profits of €3.7m, reversing a €6.3m loss

Tue Jan 25 2022 - 15:15
Company formations at a record high last year

Company formations at a record high last year

Some 25,695 new start-ups officially registered in 2021, up 17% on the previous year

Mon Jan 24 2022 - 18:14
Globalization Partners to create 160 new jobs in Galway

Globalization Partners to create 160 new jobs in Galway

Move comes after the company closes a $200m investment that values it at $4.2bn

Mon Jan 24 2022 - 16:49
Permanent TSB announces new €1bn loan fund for SMEs

Permanent TSB announces new €1bn loan fund for SMEs

Bank also joins the Government’s Brexit Impact Loan Scheme to lend to firms

Mon Jan 24 2022 - 14:00
Pandemic triggers 50% rise in loss-making firms, study estimates

Pandemic triggers 50% rise in loss-making firms, study estimates

Without aid the distress rate of companies would have been 72 % higher, paper reveals

Mon Jan 24 2022 - 10:01
Dublin-headquartered Waystone secures €35.86m investment

Dublin-headquartered Waystone secures €35.86m investment

Financial services company was valued at more than $1bn, including debt, last year

Mon Jan 24 2022 - 09:04
Wayflyer to invest nearly €240m in key target markets

Wayflyer to invest nearly €240m in key target markets

Fast-growing Irish fintech last year raised $76m in funding from investors

Fri Jan 21 2022 - 17:09
Exergyn raises €30m for ground-breaking emissions-free technology

Exergyn raises €30m for ground-breaking emissions-free technology

Company has attracted global attention for its patented emissions-free heat pump

Fri Jan 21 2022 - 16:28
Social housing fund worth €100m to finance up to 450 homes

Social housing fund worth €100m to finance up to 450 homes

Gresham House fund will use credit union members’ savings to finance social housing

Fri Jan 21 2022 - 08:30
Eddie Jordan’s JKO confirms withdrawal from $3bn deal for Playtech

Eddie Jordan’s JKO confirms withdrawal from $3bn deal for Playtech

Consortium led by former Formula One boss is keen to partner with Irish-led businesses

Fri Jan 21 2022 - 07:46
Galway-based Atlantic Therapeutics raises €18m from existing backers

Galway-based Atlantic Therapeutics raises €18m from existing backers

Company’s flagship product treats stress urinary incontinence which affects 1 in 3 women

Thu Jan 20 2022 - 13:50
Nominations open for EY Entrepreneur of the Year awards

Nominations open for EY Entrepreneur of the Year awards

Some 24 entrepreneurs to be selected as finalists, with new sustainability award

Thu Jan 20 2022 - 05:30
Luxury goods, mining gains help European shares regain lost ground

Luxury goods, mining gains help European shares regain lost ground

Flutter the best performers in Dublin as Davy reiterates ‘outperform’ recommendation

Wed Jan 19 2022 - 18:52
Intel takes delivery of chipmaking tool for new Irish project

Intel takes delivery of chipmaking tool for new Irish project

Construction on Fab 34 began in 2019 with the facility due to start production in 2023

Wed Jan 19 2022 - 17:36
Kitman Labs rolls out new software platform developed in Dublin

Kitman Labs rolls out new software platform developed in Dublin

Sports tech company works with over 700 elite teams including Chelsea and Saracens

Wed Jan 19 2022 - 14:00
Elkstone to launch €75m venture fund for early-stage tech companies

Elkstone to launch €75m venture fund for early-stage tech companies

Fund to invest in up to 35 companies with deal sizes in the range of €500,000 to €2m

Wed Jan 19 2022 - 05:15
British arm of Prepaid Financial Services fined nearly £1m

British arm of Prepaid Financial Services fined nearly £1m

Five companies fined over £33m for cartel behaviour in prepaid card market in Britain

Tue Jan 18 2022 - 17:24
Irish-founded ProjectMark secures $2m in backing

Irish-founded ProjectMark secures $2m in backing

San Francisco-headquartered start-up is primarily focused on the construction sector

Tue Jan 18 2022 - 10:37
Spar owner to use AI to guess what customers want to buy

Spar owner to use AI to guess what customers want to buy

BWG rolling out AI-based predictive stock ordering solution across its 1,000-plus stores

Mon Jan 17 2022 - 05:42
One4All founder on song with new music-focused campus

One4All founder on song with new music-focused campus

Over €12m being invested in new campus project with some 160 jobs also being created

Fri Jan 14 2022 - 16:43
Eir to sell majority stake in Tetra Ireland in €76m deal

Eir to sell majority stake in Tetra Ireland in €76m deal

Buyer hoping to take full ownership of company for a total consideration of €136m

Fri Jan 14 2022 - 11:05
Is Ireland starting to lose its attraction for international investors?

Is Ireland starting to lose its attraction for international investors?

To keep the likes of Intel on board, we must address planning and infrastructure issues

Fri Jan 14 2022 - 05:20
Flipdish becomes newest Irish tech unicorn with $1.25bn valuation

Flipdish becomes newest Irish tech unicorn with $1.25bn valuation

Company to create 700 jobs this year after securing $100m investment from Tencent

Thu Jan 13 2022 - 16:32
International investors back Flipdish as Irish VCs miss out

International investors back Flipdish as Irish VCs miss out

Company founded by brothers Conor and James McCarthy hits $1.25bn valuation

Thu Jan 13 2022 - 10:32
Fenergo revenue edges closer to €100m milestone

Fenergo revenue edges closer to €100m milestone

Irish fintech unicorn has recorded 40 new client bookings since Covid crisis began

Thu Jan 13 2022 - 05:00
Irish prostate medtech ProVerum raises €30m in funding

Irish prostate medtech ProVerum raises €30m in funding

Investment to be used for market launch of company’s ground-breaking ProVee device

Tue Jan 11 2022 - 12:02
Belfast start-up Responsible raises €5.8m in funding round led by Barclays

Belfast start-up Responsible raises €5.8m in funding round led by Barclays

Nextdoor chief executive Sarah Friar also among backers of Belfast-based company

Tue Jan 11 2022 - 05:06
More than $5bn in fines levied on financial institutions globally

More than $5bn in fines levied on financial institutions globally

Irish stockbroking firm Davy among institutions hit with penalties during 2021

Fri Jan 07 2022 - 19:42
Consumers splash the cash with record card spending in November

Consumers splash the cash with record card spending in November

Central Bank figures show surge in spending in the run-up to Christmas

Fri Jan 07 2022 - 15:25
Boxing clever: Brian O’Sullivan on rolling with the punches

Boxing clever: Brian O’Sullivan on rolling with the punches

Founder of Zeus Packaging talks of being a hard worker rather than entrepreneur

Fri Jan 07 2022 - 12:30
Hospital Services Ltd with Belfast HQ secures a €4.2m investment

Hospital Services Ltd with Belfast HQ secures a €4.2m investment

Private equity group Foresight returns to back medical equipment supplier

Fri Jan 07 2022 - 11:29
IT services company Ergo acquires Asystec in €25m deal

IT services company Ergo acquires Asystec in €25m deal

Combined group will have revenues in excess of €150m and about 500 IT employees

Fri Jan 07 2022 - 05:09
Banks and travel stocks power Europe’s Stoxx 600 to new peaks

Banks and travel stocks power Europe’s Stoxx 600 to new peaks

Dublin follows other bourses higher with Ryanair and Dalata leading the way

Tue Jan 04 2022 - 17:58
CameraMatics to raise up to €20m as valuation soars

CameraMatics to raise up to €20m as valuation soars

Fast-growing fleet safety technology group sees valuation treble in a year

Sat Jan 01 2022 - 05:36
European stocks end year up 22% with Kingspan hitting a 52-week high

European stocks end year up 22% with Kingspan hitting a 52-week high

Thin volumes in Dublin, which only opened for a half-day with Iseq 0.5% lower

Fri Dec 31 2021 - 17:47
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