Tuesday August 11, 2020

Initiative Ireland: investing in a fair playing field for lenders

Initiative Ireland is to create 25 jobs and launch a new peer-to-peer personal lending platform following €2 million investment

20th November, 2016
Padraig W Rushe, chief executive and Padraig M Rushe, chief development officer, Initiative Ireland

Irish fintech firm Initiative Ireland has announced a private placement under the EII (Employment and Investment Incentive) scheme to raise €2 million in investment.

This investment will create 25 jobs and support the launch of a new lending platform across Ireland in May 2017.

“Launching Ireland’s first peer-to-peer personal lending platform, we aim to empower people to borrow and lend money to each other at affordable, fair rates through our secure, online lending platform,” said Padraig W...

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