Tagged: ireland

November 17, 2025 @ 2:20 am By Omar Faridi  |  

UK’s digital bank OakNorth provided a £7.5m loan to McAvoy, one of the UK and Ireland’s market leaders in the manufacturing and rental of premium modular buildings. The facility supports the business’ working capital requirements after its acquisition by European mid-market private equity firm, Duke… Read More

November 7, 2025 @ 8:55 am By Omar Faridi  |  

The Central Bank of Ireland fined Coinbase Europe Limited , part of Coinbase Global (NASDAQ:COIN), €21,464,734 for allegedly breaching its anti-money laundering and counter terrorist financing transaction monitoring obligations between 2021 and 2025. Specifically, the Central Bank said it has fined Coinbase Europe for violating applicable… Read More

November 3, 2025 @ 8:31 am By JD Alois  |  

Global Digital Finance (GDF) has reported the results of an initiative to test the viability of Tokenized Money Market Funds (TMMF). As part of the working group 30 firms participated in the GDF Industry Sandbox, powered by Ownera, the firm which operates the FinP2P routers… Read More

September 9, 2025 @ 10:11 am By Omar Faridi  |  

Ireland’s retail banks are gearing up to introduce a mobile payment platform called Zip Pay in 2026. This initiative might compete with solutions and services from digital bank Revolut by offering seamless peer-to-peer (P2P) transactions. By pooling resources, institutions like Allied Irish Banks (AIB), Bank… Read More

September 4, 2025 @ 8:37 am By Omar Faridi  |  

KPMG’s reports reveal a cautious approach among venture capital investors in Ireland, mirroring global trends shaped by macroeconomic uncertainties and shifting U.S. tariff policies. Despite a slowdown in overall venture capital investment, Ireland’s fintech sector has remained fairly resilience, attracting significant interest and funding in… Read More

July 22, 2025 @ 8:49 am By Omar Faridi  |  

Bank of Ireland has significantly revised its economic forecasts for Ireland in 2025, reflecting solid performance in the latter half of 2024 that outperformed expectations. The bank now projects GDP growth of 8.1%, a substantial increase from its earlier estimate of 3.5%, driven by a… Read More

July 15, 2025 @ 8:28 am By Omar Faridi  |  

Ireland is positioning itself as a global Fintech hub, with the Department of Finance unveiling a strategy to create 8,000 to 10,000 new jobs in the sector over the coming years. In an interview with FinTech Magazine, Minister of State for Finance, Robert Troy, outlined… Read More

July 5, 2025 @ 2:19 am By Omar Faridi  |  

Irish Software as a Service (SaaS) Regtech Fenergo has announced 300 new jobs at its global headquarters in Dublin. This is said to be part of a €100 million Research, Development & Innovation (RD&I) expansion plan supported by Enterprise Ireland. In addition to the new… Read More

June 30, 2025 @ 8:07 am By Omar Faridi  |  

Kraken has recently made significant strides in expanding its regulatory footprint, operational strategy, and commitment to user education. The company secured a full Virtual Asset Service Provider (VASP) license from the Central Bank of Ireland, relocated its global headquarters to Wyoming, USA, and released findings… Read More

June 24, 2025 @ 3:35 am By Omar Faridi  |  

For anyone thinking of going freelance or launching their own small business, new research from Europe’s second-largest neobank, bunq, reveals that Ireland is one of the most affordable countries in Europe to get started. Among the top 10 EU economies analyzed, Ireland stands out “as… Read More

June 10, 2025 @ 4:08 pm By Omar Faridi  |  

Over 7 in 10 (71 percent) of firms in Ireland expect their investment in Research, Development & Innovation (RDI) to grow in the next three years, but cite concerns over funding barriers and increasing economic and competitive pressures. These are just some of the findings… Read More

May 30, 2025 @ 2:35 pm By Omar Faridi  |  

The level of identity fraud prevented in the first three months of the year has soared by 10%, insights from Experian reveal. Nearly £130 million of third-party fraud “was stopped by financial institutions in Q1 of 2025, up from £118 million compared to the same… Read More

April 24, 2025 @ 4:26 am By Omar Faridi  |  

The Central Bank of Ireland takes enforcement action against Waystone Fund Management (IE) Limited for breaches of the Alternative Investment Fund Managers Regulations. The Central Bank of Ireland has reportedly fined Waystone Fund Management (IE) Limited (WFM) the sum of €393,512 for allegedly breaching requirements… Read More

April 16, 2025 @ 7:59 am By Omar Faridi  |  

Irish capital markets tech firm Assiduous has reportedly acquired €1 million in funding. Assiduous Corp Ltd., an Irish capital markets tech firm, recently revealed that it has secured €1 million in new funding and also unveiled the launch of the Corporate Finance Autopilot. Assiduous’ Corporate… Read More

February 27, 2025 @ 10:15 am By JD Alois  |  

Stripe, a payments and cash management platform used widely around the world, says it will extend an offer to shareholders to purchase stock at a valuation of $91.5 Billion or €87.3 billion. Stripe noted that it is profitable and anticipates this will continue going forward…. Read More

January 26, 2025 @ 6:58 pm By Omar Faridi  |  

Consumers should remain vigilant against romance fraud, which continues to harm unsuspecting individuals each month, according to Bank of Ireland. The bank emphasizes the importance of staying cautious and not allowing emotions to override financial judgment. Romance fraud involves scammers creating false identities to build… Read More

January 21, 2025 @ 8:06 am By Omar Faridi  |  

In 2024, VC investment in Ireland remained stable despite the challenging funding environment. According to the KPMG Venture Pulse report, VC investment picked up in Q4, with “29 deals closing in the quarter worth $255.16 million, compared to 26 deals worth $174.76 million for the… Read More

January 15, 2025 @ 8:05 am By Omar Faridi  |  

Analysis of Bank of Ireland customer behavior between 14 and 24 December has shown “record” Christmas digital banking usage. On Thursday, 19 Dec 2024, close to 1.6 million digital banking logins were recorded across Bank of Ireland’s iOS and Android mobile apps, “as well as… Read More

January 12, 2025 @ 8:14 pm By Michael Wong  |  

The Central Bank of Ireland has launched its first “innovation sandbox programme,” introducing seven private-sector ventures focused on tackling financial crime. The initiative provides a controlled environment for testing new technologies, enhancing collaboration between the central bank and the fintech sector, and advancing solutions to… Read More

January 10, 2025 @ 4:45 pm By Omar Faridi  |  

Zellis, part of the Zellis Group, announces a definitive agreement to acquire elementsuite, an AI-enabled HR software company. As part of the transaction, elementsuite will be combined with Zellis, the provider of payroll and HR software to the UK and Ireland, “creating an end-to-end AI-powered… Read More