Done Deal

Chief executive Andrea Reynolds and chief operating officer Ciaran Burke

€5.6m funding boost for Swoop

Irish-owned SME funding platform Swoop has secured €5.6 million in funding from Banking Competition Remedies in Britain.

Launched last year by chief executive Andrea Reynolds and chief operating officer Ciaran Burke, the Swoop platform uses a unique algorithm to match SMEs with appropriate funding options for their financial needs.

More than 1,000 debt, equity and grant funding providers are represented on the platform.

Swoop closed a €1 million ...