Tagged: ireland

August 10, 2023 @ 8:54 am By JD Alois  |  

The Government of Ireland has submitted its own consultation on possible regulation of digital assets or crypto. The European Union has approved crypto asset regulation under MiCA. Ireland, part of the EU, is flexing its prerogative to present its own consultation on possible regulation or… Read More

July 25, 2023 @ 8:45 am By Omar Faridi  |  

Cross-border advisory firm Quantuma is delighted to announce its role in delivering the sale of Clausematch, a RegTech company, to Ireland-based Corlytics. The transaction was successfully “delivered by Quantuma’s Adrian Howells, Managing Director and George Fawcett, Assistant Manager, along with David Schreiter and Stephan Werner… Read More

July 4, 2023 @ 9:42 am By JD Alois  |  

SME peer-to-peer lender Linked Finance has topped €250 Million in Lending to Irish firms. According to a note from the company, during the first 6 months of 2023, Linked Finance issued €31.7 million in loans representing a 90% increase in comparison to the first 6… Read More

May 10, 2023 @ 12:24 pm By Omar Faridi  |  

Fund Recs announced that CACEIS Bank, Ireland Branch (CACEIS), has selected Fund Recs in order “to introduce further automation to the performance of Position Reconciliations and Daily Cash Flow Monitoring.” The rollout of Fund Recs’ Cash Flow Monitoring Module “within CACEIS has further automated the… Read More

May 6, 2023 @ 1:46 pm By Omar Faridi  |  

VentureWave, an Irish-based venture private equity group committed to impact investing and supporting high-impact entrepreneurs, and Funderbeam, an online investing and trading platform that serves individual investors, have agreed “to enter into a transaction to create a leading global entity which will serve institutional and… Read More

May 4, 2023 @ 11:07 am By JD Alois  |  

Ireland-based investment firm Elkstone has raised around €5 million in strategic capital from a range of investors, including Dalata hotel group founder Pat McCann, according to a statement by the firm. McCann, who is also Chairman of the firm, said: “I take great pride in… Read More

May 3, 2023 @ 8:22 am By Omar Faridi  |  

Deutsche Bank (ETR: DBK) announces that it has reached an agreement on the terms of a recommended all-cash offer for the acquisition of Numis Corporation Plc. Numis is a UK corporate broking and advisory house “providing strategic advice and capital market connectivity to 166 retained… Read More

April 28, 2023 @ 9:52 am By JD Alois  |  

UK Fintech Paysend has announced the creation of a European hub located in Dublin. The goal is to expand its services in the European Union in a post Brexit world. Paysend was recently approved for an E-money license (EMI) by the Central Bank of Ireland…. Read More

April 28, 2023 @ 8:24 am By Omar Faridi  |  

TransferMate, the provider of B2B payments infrastructure as a service, has been granted authorization as an Electronic Money Institution (EMI) by the Central Bank of Ireland. Acquiring EMI authorization allows TransferMate “to offer an extended service to their customers and partners.” It means customers can… Read More

April 27, 2023 @ 12:52 pm By JD Alois  |  

Irish Fintech Accelerated Payments has announced the laung of a trade finance product called AP Trade Finance (APTF). Accelerated Payments is a digital working capital platform with offices in Dublin, London, Toronto, and Florida. The company offers access to credit due to the strength of… Read More

April 24, 2023 @ 12:32 pm By Omar Faridi  |  

Kraken has successfully registered its Irish subsidiary, Payward Europe Solutions Limited, with the Central Bank of Ireland (CBI) as a Virtual Asset Service Provider (VASP). The firm claims that Kraken’s Irish VASP registration “demonstrates to both their clients and regulators that Kraken follows Europe’s most… Read More

March 19, 2023 @ 7:18 pm By Omar Faridi  |  

Okcoin is pleased to announce “the appointment, subject to regulatory approval, of Erald Ghoos as General Manager of Okcoin Europe, based in Malta, and David Renold as Chief Executive Officer of OKG Payments, Okcoin’s Ireland-based affiliate.” OKG Payments plans “to provide permitted products and services… Read More

March 16, 2023 @ 3:29 pm By JD Alois  |  

Stripe, a leading Fintech in the payments and transaction sector, has raised $6.5 billion (€6.15 billion) at a $50 billion (€47 billion) valuation. The “Series I” round took a significant haircut from its last round. In 2022, Stripe raised money at a $74 billion valuation. … Read More

March 15, 2023 @ 9:16 am By JD Alois  |  

Accelerated Payments, an invoice financing provider, has announced the appointment of C Ray Hines as Vice President of Business Development. Hines is expected to help increase the Fintech’s market share in North America – more specifically, the midwest. The company said the new hire is… Read More

March 14, 2023 @ 7:41 am By Omar Faridi  |  

Irish identity verification solution ID-Pal announced its official launch into the US market to meet the demand for its platform across the United States. Championed by Enterprise Ireland, the US launch is “building on ID-Pal’s success in serving both SMEs and enterprises across over 30… Read More

March 5, 2023 @ 7:34 pm By Omar Faridi  |  

Quantexa, a global player focused on Decision Intelligence (DI) solutions for the public and private sectors, announced that it has acquired Aylien, a Dublin-based leader in natural language processing (NLP) and advanced AI to empower its customers to collect, analyze, and understand unstructured text data…. Read More

February 27, 2023 @ 10:47 pm By Omar Faridi  |  

Northern Ireland (NI) Office Minister of State Steve Baker has announced £18.9 million investment in NI’s cyber security industry at Queen’s University Belfast’s (QUB) Centre for Secure Information Technologies (CSIT). This includes £11 million funding from the New Deal for NI. The investment will “see… Read More

January 26, 2023 @ 12:01 pm By JD Alois  |  

Online lender Accelerated Payments has announced topping the €1 billion worth of invoice financing milestone. Based in Ireland, Accelerated Payments claims to be of the fastest-growing Fintechs in the world, with offices in Europe, the UK, Canada, and the USA. Accelerated Payments provides a solution… Read More

December 22, 2022 @ 11:27 pm By Omar Faridi  |  

2022 has been a “meaningful” year for Coinbase’s (NASDAQ:COIN) international expansion, and before they draw it to a close, they want to share some additional updates. Coinbase has been “granted approval by the Central Bank of Ireland to operate as a Virtual Asset Service Provider… Read More

December 11, 2022 @ 11:07 pm By Omar Faridi  |  

Bank of Ireland announced 2030 greenhouse gas emission reduction targets which have been formally “validated by the Science Based Targets initiative (SBTi).” The Bank is reportedly the first Irish bank, and one of the first in Europe, “to have its goals validated by the SBTi,… Read More