Corlytics raises €1 million

21st June, 2015
Corlytics raises €1 million
Ger Goold, partner, KernelCapital; John Byrne, chief executive, Corlytics; David Mountjoy, senior manager, Corporate Banking Ireland, Bank of Ireland; and Leo McAdams, manager of financial services, Enterprise Ireland

✽ Fintech start-up Corlytics will recruit 15 people, doubling its staff numbers, on the back of a €1 million syndicated investment round.

The Dublin company makes software to help banks identify avoidable losses and fines. It is the only global source of third-party data and associated analytics for financial institutions. Banks can use its services to evaluate, benchmark and manage market risk.

The funding is from the Bank of Ireland Seed and Early Stage Fund, managed by...

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