Information Mosaic gets backing from Nordic bank
Information Mosaic has received a written assurance from one of its major shareholders that it will continue to fund the loss-making Dublin company for at least 18 months.
Ian Kehoe
The heavily-backed Irish financial software firm Information Mosaic has received a written assurance from one of its major shareholders that it will continue to fund the loss-making Dublin company for at least 18 months. SEB, the Nordic merchant bank, has committed to providing financial support to Information Mosaic to allow it pay creditors. The move forms part of a financial restructuring at the company, which has developed software to help financial institutions mitigate risk.
In addition,...
Subscribe from just €1 for the first month!
Exclusive offers:
All Digital Access + eReader
Trial
€1
Unlimited Access for 1 Month
*New subscribers only
Annual
€200
€149 For the 1st Year
Unlimited Access for 1 Year
Quarterly
€55
€42
90 Day Pass
2 Yearly
€315
€248
Unlimited Access for 2 Years
Team Pass
Get a Business Account for you and your team
Related Stories
The year in review
The best writing and and the biggest stories of 2019 from the Business Post
Newsround: What Thursday’s papers say
Denis O’Brien is back in court, residents continue to fight the Council on halting site and a row surfaces in government over rent control proposals
More cycle routes, expansion of Luas to Bray and new bus network proposed
Greater Dublin Area draft Transport Strategy published
